AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 40.690000000 is certain.
Caution: A possible change in the direction of the resistance line at 43.790000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 38.79 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 43.790000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 45.270000000 |
| Next High | 43.790000000 |
| Current Price | 41.520000000 |
| Next Low | 40.690000000 |
| 2nd Low | 35.180000000 |
| 3rd Low | 32.310000000 |