AVAX/USDT – 30M – SELLThe currency pair jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 26.930000000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 27.810000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 28.800000000 |
| 2nd High | 28.180000000 |
| Next High | 27.810000000 |
| Current Price | 27.590000000 |
| Next Low | 26.930000000 |
| 2nd Low | 26.450000000 |
| 3rd Low | 26.100000000 |