AVAX/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 17.28196 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 17.640000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 18.130000000 |
| 2nd High | 18.020000000 |
| Next High | 17.640000000 |
| Current Price | 17.390000000 |
| Next Low | 17.020000000 |
| 2nd Low | 15.610000000 |
| 3rd Low |
17.640000000 – 18.020000000 – 17.830000000 – 17.020000000 – 17.090000000 – 17.420000000