AVAX/USDT – 30M – SELLThe pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards
A descent downwards to the next support line at 23.580000000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 24.070000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 23.78 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 24.070000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.200000000 |
| 2nd High | 24.460000000 |
| Next High | 24.070000000 |
| Current Price | 24.000000000 |
| Next Low | 23.580000000 |
| 2nd Low | 23.370000000 |
| 3rd Low | 23.100000000 |
24.070000000 – 23.940000000 – 23.880000000 – 23.580000000 – 23.370000000 – 23.100000000 — 64.005693128696 – 55.540136599359