AVAX/USDT – 30M – SELLThe pair moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 25.250000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 25.610000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 24.66136 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 25.610000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.680000000 |
| 2nd High | 25.620000000 |
| Next High | 25.610000000 |
| Current Price | 25.310000000 |
| Next Low | 25.250000000 |
| 2nd Low | 24.900000000 |
| 3rd Low | 24.010000000 |