Sell AVAX/USDT – 1H – SELL

The combination jumps from the bearish trendline down.

A continuation of the bearish trend down to the next support level at 25.000000000 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 28.890000000 should be noted.
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 certain. Current target is 25 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 28.890000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 30.850000000
2nd High 29.440000000
Next High 28.890000000
Current Price 26.170000000
Next Low 25.000000000
2nd Low 22.790000000
3rd Low 22.370000000

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