AVAX/USDT – 30M – SELLThe currency pair moves from the ascending trendline down.
A bearish trend downwards to the next support at 27.330000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 28.460000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 27.64 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 28.460000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.750000000 |
| 2nd High | 29.620000000 |
| Next High | 28.460000000 |
| Current Price | 27.970000000 |
| Next Low | 27.330000000 |
| 2nd Low | 26.820000000 |
| 3rd Low | 25.060000000 |