AVAX/USDT – 30M – SELLThe currency pair goes from the bullish trendline downwards
A bearish trend down to the next support level at 25.060000000 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 26.850000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Target of the current trend is 26.46694 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 26.850000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.740000000 |
| 2nd High | 27.190000000 |
| Next High | 26.850000000 |
| Current Price | 26.760000000 |
| Next Low | 25.060000000 |
| 2nd Low | 23.900000000 |
| 3rd Low | 22.790000000 |