AVAX/USDT – 30M – SELLThe currency pair goes from the bearish trendline down.
A continuation of the downtrend down to the next support level at 27.560000000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 29.010000000 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. Current target is 27.56 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 29.010000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 30.760000000 |
| 2nd High | 29.440000000 |
| Next High | 29.010000000 |
| Current Price | 27.750000000 |
| Next Low | 27.560000000 |
| 2nd Low | 26.960000000 |
| 3rd Low | 26.930000000 |