AVAX/USDT – 1H – SELLThe currency pair moves from the ascending trendline downwards
A bearish movement down to the next support level at 25.000000000 is likely expected.
Caution: A possible change in the direction of resistance at 28.890000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 25 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 28.890000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 30.850000000 |
| 2nd High | 29.440000000 |
| Next High | 28.890000000 |
| Current Price | 25.830000000 |
| Next Low | 25.000000000 |
| 2nd Low | 22.790000000 |
| 3rd Low | 22.370000000 |