Hi friends,
Let's get back into analysis after Eid al-Fitr vacations.
Today, we pay attention to AVAX in the Daily time frame.
As marked on the chart, we have a strong daily resistance trend line and a 4-Hour resistance trend line, which is marked by yellow color. As you can see that we had a great support level of $19.855, which has now turned into resistance.
Also, you can see that for AVAX to retain its bullish momentum, it has to close daily candles above $29. Besides that, we have a strong daily and weekly accumulation area between $12 and $15.
We have a local 4-Hour support level that is ideal for entering into short positions after having the momentum and confirmations.
Let's get back into analysis after Eid al-Fitr vacations.
Today, we pay attention to AVAX in the Daily time frame.
As marked on the chart, we have a strong daily resistance trend line and a 4-Hour resistance trend line, which is marked by yellow color. As you can see that we had a great support level of $19.855, which has now turned into resistance.
Also, you can see that for AVAX to retain its bullish momentum, it has to close daily candles above $29. Besides that, we have a strong daily and weekly accumulation area between $12 and $15.
We have a local 4-Hour support level that is ideal for entering into short positions after having the momentum and confirmations.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.