AVAX/USDT – 30M – SELLThe combination goes from the ascending trendline down.
A bearish movement downwards to the next support line at 26.220000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 27.190000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 26.22 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 27.190000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 28.890000000 |
| 2nd High | 27.740000000 |
| Next High | 27.190000000 |
| Current Price | 26.360000000 |
| Next Low | 26.220000000 |
| 2nd Low | 25.100000000 |
| 3rd Low | 23.900000000 |