AVAX/USDT – 1H – SELLThe currency pair goes from the ascending trendline down.
The bearish trend down to the next support at 25.000000000 is certain.
Caution: A possible change in the direction of the resistance level at 26.780000000 is within the realm of possibility.
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 is certain. Current target is 25 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 26.780000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.440000000 |
| 2nd High | 28.890000000 |
| Next High | 26.780000000 |
| Current Price | 25.870000000 |
| Next Low | 25.000000000 |
| 2nd Low | 22.790000000 |
| 3rd Low | 22.370000000 |