AVAX/USDT – 30M – SELLThe combination goes from the ascending trendline down.
A bearish movement downwards to the next support level at 26.630000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 27.980000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 26.63 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 27.980000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 28.800000000 |
| 2nd High | 28.130000000 |
| Next High | 27.980000000 |
| Current Price | 26.890000000 |
| Next Low | 26.630000000 |
| 2nd Low | 26.100000000 |
| 3rd Low | 22.790000000 |