AVAX/USDT – 30M – SELLThe pair goes from the ascending trendline downwards
A descent downwards to the next support at 24.490000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 25.710000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
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 24.4 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 25.710000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.760000000 |
| 2nd High | 26.490000000 |
| Next High | 25.710000000 |
| Current Price | 24.820000000 |
| Next Low | 24.490000000 |
| 2nd Low | 24.400000000 |
| 3rd Low | 24.010000000 |