AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 24.620000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 23.860000000 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 24.62 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 24.620000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.770000000 |
| 2nd High | 26.570000000 |
| Next High | 24.620000000 |
| Current Price | 25.000000000 |
| Next Low | 23.860000000 |
| 2nd Low | 23.160000000 |
| 3rd Low | 23.110000000 |
24.620000000 – 24.350000000 – 23.970000000 – 23.860000000 – 23.160000000 – 23.110000000 — 66.635603640476 – 74.615940548441