AVAX/USDT – 30M – SELLThe pair goes from the ascending trendline downwards
The bearish trend downwards to the next support level at 24.010000000 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 25.020000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 24.4 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 25.020000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.490000000 |
| 2nd High | 25.710000000 |
| Next High | 25.020000000 |
| Current Price | 24.120000000 |
| Next Low | 24.010000000 |
| 2nd Low | 23.900000000 |
| 3rd Low | 22.790000000 |