#AVAX
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower limit of the channel at 17.22, acting as strong support from which the price can rebound.
Entry price: 17.54
First target: 17.92
Second target: 18.22
Third target: 18.62
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower limit of the channel at 17.22, acting as strong support from which the price can rebound.
Entry price: 17.54
First target: 17.92
Second target: 18.22
Third target: 18.62
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📍Trade Smart & Stay Protected⭐️
Join Our Telegram Channel Signals Futures and Spot Free
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📌 We're open to Promotions, Ads & Partnerships
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📌 We're open to Promotions, Ads & Partnerships
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