AVAX/USDT – 1H – SELLThe pair moves from the ascending trendline downwards
A bearish descent downwards to the next support line at 26.450000000 will continue.
Caution: A possible trend reversal in the direction of resistance at 28.180000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 25.795 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 28.180000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 28.800000000 |
| Next High | 28.180000000 |
| Current Price | 27.150000000 |
| Next Low | 26.450000000 |
| 2nd Low | 22.790000000 |
| 3rd Low | 22.370000000 |