AVAX/USDT – 30M – SELLThe currency pair goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 22.790000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 25.670000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 25 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 25.670000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.780000000 |
| 2nd High | 26.470000000 |
| Next High | 25.670000000 |
| Current Price | 24.690000000 |
| Next Low | 22.790000000 |
| 2nd Low | 22.370000000 |
| 3rd Low | 21.600000000 |