AVAX/USDT – 1H – SELLThe combination moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at 25.060000000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 29.870000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 27.465 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 29.870000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 30.850000000 |
| Next High | 29.870000000 |
| Current Price | 28.110000000 |
| Next Low | 25.060000000 |
| 2nd Low | 23.900000000 |
| 3rd Low | 22.790000000 |