AVAX/USDT – 30M – SELLThe pair goes from the bullish trendline downwards
A descending movement down to the next support at 23.250000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 24.490000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 23.22 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 24.490000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.660000000 |
| 2nd High | 24.900000000 |
| Next High | 24.490000000 |
| Current Price | 23.390000000 |
| Next Low | 23.250000000 |
| 2nd Low | 23.220000000 |
| 3rd Low | 22.870000000 |