AVAX/USDT – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 23.46706 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 25.660000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.680000000 |
| 2nd High | 26.810000000 |
| Next High | 25.660000000 |
| Current Price | 23.990000000 |
| Next Low | 23.660000000 |
| 2nd Low | 23.430000000 |
| 3rd Low | 22.870000000 |