AVAX/USDT – 30M – SELLThe pair goes from the ascending trendline down.
A bearish descent down to the next support level at 28.140000000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 29.440000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 28.14 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 29.440000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 30.850000000 |
| 2nd High | 30.760000000 |
| Next High | 29.440000000 |
| Current Price | 28.240000000 |
| Next Low | 28.140000000 |
| 2nd Low | 26.960000000 |
| 3rd Low | 26.930000000 |