🔍 AVAX/USDT Analysis: 15-Minute Timeframe 📉
The AVAX/USDT chart on a 15-minute timeframe highlights significant upcoming times where price movements may present trading opportunities. For short-term, intraday, or scalping trades, consider focusing on lower timeframes, but always ensure to analyze these signals in conjunction with higher timeframes for a more comprehensive understanding of the market.
• August 24, 2024, 01:15, August 24, 2024, 14:00, August 25, 2024, 01:45, August 25, 2024, 20:45 - Red Lines: These times mark potential local peaks. Traders might consider these as moments to take profits or reduce exposure, as the price could encounter resistance or a downturn.
• August 24, 2024, 05:30, August 24, 2024, 19:45, August 25, 2024, 08:45 - Green Lines: These times indicate potential local lows, providing favorable conditions for accumulating AVAX or entering long positions.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC+3 (Kyiv/Istambul).