AVAX/USDT – 30M – SELLThe combination moves from the bullish trendline downwards
A descending movement down to the next support level at 26.630000000 will persist.
Caution: A possible change in the direction of resistance at 27.740000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 26.42 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 27.740000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.010000000 |
| 2nd High | 28.890000000 |
| Next High | 27.740000000 |
| Current Price | 26.890000000 |
| Next Low | 26.630000000 |
| 2nd Low | 26.620000000 |
| 3rd Low | 25.100000000 |