AVAX/USDT – 1H – BUYThe pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 26.570000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 23.030000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 24.48 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 26.570000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.380000000 |
| 2nd High | 26.770000000 |
| Next High | 26.570000000 |
| Current Price | 23.820000000 |
| Next Low | 23.030000000 |
| 2nd Low | 22.190000000 |
| 3rd Low | 21.950000000 |
26.570000000 – 26.770000000 – 23.220000000 – 23.030000000 – 24.920000000 – 22.190000000 — 43.493242659904 – 51.744476366356