AVAX/USDT – 4H – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 26.82 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 30.850000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 30.850000000 |
| Current Price | 28.580000000 |
| Next Low | 25.060000000 |
| 2nd Low | 23.900000000 |
| 3rd Low | 22.790000000 |