AVAX/USDT – 1H – SELLThe combination moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 27.710000000 is considered certain.
Caution: A possible change in the direction of resistance at 28.460000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 27.4808 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 28.460000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.870000000 |
| 2nd High | 29.620000000 |
| Next High | 28.460000000 |
| Current Price | 27.890000000 |
| Next Low | 27.710000000 |
| 2nd Low | 27.330000000 |
| 3rd Low | 26.820000000 |