The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 26.530000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 24.830000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
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 25.77008 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 26.530000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 26.840000000 |
| Next High | 26.530000000 |
| Current Price | 25.340000000 |
| Next Low | 24.830000000 |
| 2nd Low | 24.520000000 |
| 3rd Low | 23.310000000 |
26.530000000 – 25.550000000 – 25.230000000 – 24.830000000 – 25.070000000 – 24.520000000