AVAX/USDT – 30M – SELLThe currency pair goes from the ascending trendline down.
The bearish trend down to the next support at 26.820000000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 27.800000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 27.24 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 27.800000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 28.230000000 |
| 2nd High | 27.990000000 |
| Next High | 27.800000000 |
| Current Price | 27.030000000 |
| Next Low | 26.820000000 |
| 2nd Low | 25.060000000 |
| 3rd Low | 23.900000000 |