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AVAXBNB 1D

AVAX/BNB, I believe it has already reached the bottom, as since its ATH on February 11, 2021, it has corrected around 88.10% and being of a very high octane rating, it now follows its ascending scale. Its resistances are: 0.05874 / 0 .06403. With the MM200 above serving as a magnet, it quickly hits the target.
Note
A bearish trough was formed just after the FTX crash. We now need a buying force to reverse this channel.We keep following
Transaction en cours
AVAXBNB rejected the accumulation it had been suffering and dropped again and accumulated at a lower level.I believe that breaking 0.05512 it will be able to return to the incursion to MM200, closing our position, it will take a while, but the hold itself is worth it.
Renato Ulianov | Market Analysis & Trading
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Renato Ulianov | Market Analysis & Trading
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.