AVAX / TetherUSLong
AVAX 4H CHART ANALYSIS | NEXT TARGET 75 USD
Price is moving within an ascending channel (inside an ascending channel). EMA 50 acting as support at 58-60 region. Resistance at 65 has just been broken (candle closing above with large volume). Making this a great entry point. Next target is at top of channel, fibonacci level 1.618 of retracement line AB. After this targt is reached i blieve a correction wave is coming since RSIO is already in overbought region. Ultimatly price is headed for USD ( see my daily chart analysis).
Not financial advice, just my ideas. Please let me know what you think.
Not financial advice, just my ideas. Please let me know what you think.
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