Avalanche's price has skyrocketed recently, especially in the past few days. However, I anticipate that we might be approaching the end of this upward trend, and a significant correction for Avalanche could be imminent. Looking at the recent price action starting from the low in September, we've completed a Wave 1, followed by a Wave 2 correction, a swift Wave 3 with a quick Wave 4 beside it, and currently, an impulsive Wave 5 in progress.
While a short-term correction might be on the horizon, I still anticipate that even with a shorter correction, Wave 5 will likely conclude, possibly in early 2024. Subsequently, we might see a downturn towards the $25 to $16 range. The exact timing remains to be seen, but it seems like Avalanche's current high levels might not be sustained for much longer. 📉💨
While a short-term correction might be on the horizon, I still anticipate that even with a shorter correction, Wave 5 will likely conclude, possibly in early 2024. Subsequently, we might see a downturn towards the $25 to $16 range. The exact timing remains to be seen, but it seems like Avalanche's current high levels might not be sustained for much longer. 📉💨
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.