AVAX/USDT – 30M – SELLThe pair moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 27.180000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 28.270000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 27.18 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 28.270000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.750000000 |
| 2nd High | 29.620000000 |
| Next High | 28.270000000 |
| Current Price | 27.460000000 |
| Next Low | 27.180000000 |
| 2nd Low | 25.060000000 |
| 3rd Low | 23.900000000 |