AVAX/USDT – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 8.96 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 9.36 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.36 |
| 2nd High | 10.01 |
| Next High | 9.36 |
| Current Price | 9.210000000 |
| Next Low | 8.96 |
| 2nd Low | 8.92 |
| 3rd Low | 8.46 |
9.36 – 10.01 – 9.89 – 8.96 – 9.13 – 9.45 —
9.100000000 – 9.330000000 —
36.237048658501 – 52.498475640419 —
– —
9.36 – 1776603600