Possible Scenario for AVAX/USDT:
1. Price Action: The price is within a descending channel marked by the blue lines. This suggests a bearish trend as the price has been making lower highs and lower lows.
2. Potential Scenarios:
- The **green arrow** indicates a potential bullish scenario, where the price might break out to the upside, aiming toward a target of around $31.84.
- The **red arrow** suggests a bearish scenario, where the price might break down further, potentially testing the lower support level near $11.91.
3. Key Levels:
- **Resistance**: Around the $31.84 level (shown in red), which could be a strong resistance zone if the price attempts a recovery.
- **Support**: Near the $11.91 level (shown in green), which could act as strong support if the downtrend continues.
1. Price Action: The price is within a descending channel marked by the blue lines. This suggests a bearish trend as the price has been making lower highs and lower lows.
2. Potential Scenarios:
- The **green arrow** indicates a potential bullish scenario, where the price might break out to the upside, aiming toward a target of around $31.84.
- The **red arrow** suggests a bearish scenario, where the price might break down further, potentially testing the lower support level near $11.91.
3. Key Levels:
- **Resistance**: Around the $31.84 level (shown in red), which could be a strong resistance zone if the price attempts a recovery.
- **Support**: Near the $11.91 level (shown in green), which could act as strong support if the downtrend continues.
Telegram: t.me/Crypto_Sheykh
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Telegram: t.me/Crypto_Sheykh
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.