AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline upwards
A bullish movement upwards to the next resistance level at 43.140000000 will continue.
Caution: A possible trend reversal in the direction of the support level at 35.180000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 42.21144 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 43.140000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 45.270000000 |
| 2nd High | 43.790000000 |
| Next High | 43.140000000 |
| Current Price | 40.480000000 |
| Next Low | 35.180000000 |
| 2nd Low | 32.310000000 |
| 3rd Low | 31.150000000 |