AVAXLong
AVAX POSSIBLE BULL RUN
avalanche is close to breaking the daily chart's neutral zone. if it happens to break and close above, the price tends to look for new tops that I left drawn on the chart. remembering that if it is a search for a new historical top, the price may exceed 2 take levels
if it remains below the neutral zone and the price returns to the reference channel breaking the 50% level of the reference channel, the price will be indicating a possible new downtrend to seek a new bottom
if it remains below the neutral zone and the price returns to the reference channel breaking the 50% level of the reference channel, the price will be indicating a possible new downtrend to seek a new bottom
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.