AVAX / TetherUS
Short
Updated

AVAXUSDT: Breakout of Bearish Channeling,Goes Under $12.00 soon?

1104
Hello Fellow Global Crypto Investor/Trader, Here's a Technical outlook on Avalanche Coin!

Chart Perspective
The breakout of the bearish channeling is an indication of a potential bearish sentiment. Recently, The MACD Indicator made a death cross, confirming a possible downside movement to the target area.

All other explanations are presented on the chart.

The roadmap will be invalid after reaching the target/resistance area.

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the AVAXUSDT"

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Note
Done Target 1, See you soon at the second target!
snapshot
Trade closed: target reached
Done Target 2, Press the Rocket Button and Follow for more content/outlook for free :D
snapshot

Disclaimer

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