AVAXUSDT SHORT TO MEDIUM TERM UPDATE 1/12/22 part1
Avaxusdt bears have printed a bearish pattern on the 3D
Macd on 3D remains bearish and refuses to cross bullish on the previous pullback to 124 resistance.
At the moment, prices are below the 3D 21 and facing immediate resistance at 95-100
Based on several fibs confluence regions, 51-57 will be short to medium term sprt.
However, on the bullish end, if macd on 3D fips bullish and price breaks the the 124-130 resistance, The next macro resistance will be at 205.
Macd on 3D remains bearish and refuses to cross bullish on the previous pullback to 124 resistance.
At the moment, prices are below the 3D 21 and facing immediate resistance at 95-100
Based on several fibs confluence regions, 51-57 will be short to medium term sprt.
However, on the bullish end, if macd on 3D fips bullish and price breaks the the 124-130 resistance, The next macro resistance will be at 205.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.