AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) moves from the bullish trendline down.
The bearish trend down to the next support level at 28.250000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 31.250000000 could occur.
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 is certain. Target of the current trend is 29.75 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 31.250000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 31.250000000 |
| Current Price | 30.240000000 |
| Next Low | 28.250000000 |
| 2nd Low | 25.750000000 |
| 3rd Low | 25.610000000 |
31.250000000 – 28.830000000 – 29.400000000 – 28.250000000 – 28.720000000 – 28.300000000 — 58.215290237727 – 53.267202167651