AVAX/USDT – 30M – SELLThe currency pair jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 26.620000000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 27.560000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.010000000 |
| 2nd High | 28.890000000 |
| Next High | 27.560000000 |
| Current Price | 27.310000000 |
| Next Low | 26.620000000 |
| 2nd Low | 25.100000000 |
| 3rd Low | 23.900000000 |