AVAX/USDT – 30M – SELLThe pair moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 26.300000000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 27.160000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 26.105 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 27.160000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.800000000 |
| 2nd High | 27.230000000 |
| Next High | 27.160000000 |
| Current Price | 26.520000000 |
| Next Low | 26.300000000 |
| 2nd Low | 25.360000000 |
| 3rd Low | 25.050000000 |