AVAX/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 44.03204 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 54.390000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 55.790000000 |
| Next High | 54.390000000 |
| Current Price | 47.300000000 |
| Next Low | 41.320000000 |
| 2nd Low | 40.400000000 |
| 3rd Low | 38.500000000 |