AVAX/USDT – 30M – SELLThe combination moves from the ascending trendline downwards
A bearish movement downwards to the next support level at 28.240000000 is expected.
Caution: A possible change in the direction of the resistance level at 29.440000000 could occur.
Consider stop-loss settings accordingly.
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 28.24 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 29.440000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 30.850000000 |
| 2nd High | 30.760000000 |
| Next High | 29.440000000 |
| Current Price | 28.370000000 |
| Next Low | 28.240000000 |
| 2nd Low | 26.960000000 |
| 3rd Low | 26.930000000 |