Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 21.92776 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 22.480000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.980000000 |
| 2nd High | 24.350000000 |
| Next High | 22.480000000 |
| Current Price | 22.240000000 |
| Next Low | 21.510000000 |
| 2nd Low | 20.220000000 |
| 3rd Low | 20.140000000 |
22.480000000 – 22.210000000 – 21.490000000 – 21.510000000 – 20.220000000 – 20.140000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Three Outside Down