Hello trader ,WHATS UP GUYS ?!
In the past analysis that I posted for AVAX, it didn't succeed to grow up as I expected and lost its support and dropped at the same time with bitcoin , but it finally reached first tp after retracement and even a little went beyond.
so now!
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📊Technical
As you can see on weekly timeframe for AVAX/USDT ,it has been advancing in a possible rising wedge pattern and printed higher hight and higher lows . we can see it already has reacted to lower trendline and a rised again ,so if it be able to maintain this current pivot zone , it can start a new bullish leg to complete the pattern . but if it lost this trendline and pivot zone it will decline more to lower support zone .
🛑resistance level: $145 --ascending trendline
🆚pivot zone: $64- 72$
❇️support levels: $30-36///$11-14///ascending trendline
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
In the past analysis that I posted for AVAX, it didn't succeed to grow up as I expected and lost its support and dropped at the same time with bitcoin , but it finally reached first tp after retracement and even a little went beyond.
so now!
-------------------------------------------------------------------------------------------------------------------
📊Technical
As you can see on weekly timeframe for AVAX/USDT ,it has been advancing in a possible rising wedge pattern and printed higher hight and higher lows . we can see it already has reacted to lower trendline and a rised again ,so if it be able to maintain this current pivot zone , it can start a new bullish leg to complete the pattern . but if it lost this trendline and pivot zone it will decline more to lower support zone .
🛑resistance level: $145 --ascending trendline
🆚pivot zone: $64- 72$
❇️support levels: $30-36///$11-14///ascending trendline
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
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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.
Related publications
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.