AVAX/USDT – 30M – SELLThe combination moves from the bearish trendline downwards
A continuation of the downward movement down to the next support at 25.060000000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 29.620000000 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 certain. Current target is 27.45 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 29.620000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.870000000 |
| 2nd High | 29.750000000 |
| Next High | 29.620000000 |
| Current Price | 27.340000000 |
| Next Low | 25.060000000 |
| 2nd Low | 23.900000000 |
| 3rd Low | 22.790000000 |