AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline down.
A descent down to the next support line at 38.310000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 43.140000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
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 42.88876 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 43.140000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 45.270000000 |
| 2nd High | 43.790000000 |
| Next High | 43.140000000 |
| Current Price | 41.010000000 |
| Next Low | 38.310000000 |
| 2nd Low | 35.180000000 |
| 3rd Low | 32.310000000 |