Sell AVAX/USDT – 1H – SELL

The combination goes from the bullish trendline down.

A bearish descent down to the next support at 27.240000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 28.230000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 27.24 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 28.230000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 29.620000000
2nd High 29.320000000
Next High 28.230000000
Current Price 27.440000000
Next Low 27.240000000
2nd Low 26.820000000
3rd Low 25.060000000

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