Hi everyone
Possible routes of price movement AVAX
AVAX has broken channel support
In addition, the price of Bitcoin looks weak and increases the validity of the downtrend scenario
Therefore, with the price below $ 65, support at $ 61.1 will follow, and then the $ 55.36 demand barrier will be tested again
If support at 55.36 fails, we can expect further price reductions
On the other hand, if the price can jump above the $ 65 support level and re-enter the channel, we can ensure that buyers return to the market
With the formation of a higher ceiling above the level of $ 79.68, the new uptrend will resume
How do you think the price will move?
Thankful
have a nice day
Possible routes of price movement AVAX
AVAX has broken channel support
In addition, the price of Bitcoin looks weak and increases the validity of the downtrend scenario
Therefore, with the price below $ 65, support at $ 61.1 will follow, and then the $ 55.36 demand barrier will be tested again
If support at 55.36 fails, we can expect further price reductions
On the other hand, if the price can jump above the $ 65 support level and re-enter the channel, we can ensure that buyers return to the market
With the formation of a higher ceiling above the level of $ 79.68, the new uptrend will resume
How do you think the price will move?
Thankful
have a nice day
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