AVAX/USDT – 1H – SELLThe currency pair jumps from the ascending trendline downwards
A bearish descent downwards to the next support at 25.060000000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 29.000000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 30.850000000 |
| 2nd High | 29.440000000 |
| Next High | 29.000000000 |
| Current Price | 29.030000000 |
| Next Low | 25.060000000 |
| 2nd Low | 23.900000000 |
| 3rd Low | 22.790000000 |