Hello Traders!
AVAX continues the development of the corrective movement. The price is looking for new support levels.
Price fixing under the MA100 on the two-day timeframe, as well as the exit of the RSI indicator in the bearish zone serve as confirmations in favor of the continuation of the development of the correction.
Accumulation of the asset should take place after the culmination of sales and the movement of the price in the zone of interest of buyers. A suitable price range for medium-term purchases is $10.25 - $13.35. It will be possible to continue to hold the position with the aim of fixing profits near the price level of $24.25
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
AVAX continues the development of the corrective movement. The price is looking for new support levels.
Price fixing under the MA100 on the two-day timeframe, as well as the exit of the RSI indicator in the bearish zone serve as confirmations in favor of the continuation of the development of the correction.
Accumulation of the asset should take place after the culmination of sales and the movement of the price in the zone of interest of buyers. A suitable price range for medium-term purchases is $10.25 - $13.35. It will be possible to continue to hold the position with the aim of fixing profits near the price level of $24.25
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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.
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.