AVAX/USDT – 30M – SELLThe currency pair moves from the bullish trendline downwards
A descending movement down to the next support at 22.790000000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 25.020000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 23.96 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 25.020000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.490000000 |
| 2nd High | 25.710000000 |
| Next High | 25.020000000 |
| Current Price | 23.450000000 |
| Next Low | 22.790000000 |
| 2nd Low | 22.370000000 |
| 3rd Low | 21.600000000 |