AVAX/USDT – 30M – SELLThe combination jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 23.250000000 is certain.
Caution: A possible change in the direction of the resistance level at 24.240000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 23.79584 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 24.240000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.660000000 |
| 2nd High | 24.900000000 |
| Next High | 24.240000000 |
| Current Price | 24.100000000 |
| Next Low | 23.250000000 |
| 2nd Low | 23.220000000 |
| 3rd Low | 22.870000000 |