AVAX/USDT – 1H – SELLThe combination goes from the ascending trendline downwards
A bearish movement down to the next support line at 23.900000000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 27.230000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 25.89 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 27.230000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.320000000 |
| 2nd High | 28.230000000 |
| Next High | 27.230000000 |
| Current Price | 24.930000000 |
| Next Low | 23.900000000 |
| 2nd Low | 22.790000000 |
| 3rd Low | 22.370000000 |