AVAX/USDT – 30M – SELLThe pair moves from the bullish trendline downwards
A descent downwards to the next support level at 25.000000000 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 28.890000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 25 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 28.890000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.440000000 |
| 2nd High | 29.010000000 |
| Next High | 28.890000000 |
| Current Price | 25.990000000 |
| Next Low | 25.000000000 |
| 2nd Low | 22.790000000 |
| 3rd Low | 22.370000000 |