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Avalancheusdtperp

Avalanche Crash to $35-40 inevitable?Ignore the scale, as I simply dragged the respective price trends of Bitcoin and Avalanche into an empty field of the chart for a better visual representation. For Bitcoin, this is the distribution pattern from February to mid-May this year. To the right of that, we see the price history of the AVAX token from September to today. The Bitcoin price trend here only serves to illustrate the consequence of a collapsing uptrend. As can be clearly seen, the strength of the uptrend is steadily decreasing over time. This can be seen from the fact that the intervals between the new high and the previous high are getting smaller and smaller. This can be explained by the fact that it is becoming increasingly difficult to find enough new aggressive buyers who can maintain the previous pace of the uptrend. The upward movement is about to collapse. The latest warning signal of this is in a lower high, after an already noticeably sharp countermovement formed in the wake of the previous high. This movement is also known as the Dead Cat Bounce. Should Avalanche see a relatively similar correction to the one seen in Bitcoin back in the day, a return to $35-40 would be the favored scenario here.
Short
by MisterCoinlover
3
AVALANCHE - Our Spot Queen for the Season 🥨🥂Xmas is coming sooner than we think. London tends to turn Xmas decorations in early November but we, here at FXPROFESSOR we start our planning from mid-September! All i want for Xmas is to see AVALANCHE over 100 because that will be my shopping budget..that's the plan at least. ps. even if cryptos go to zero there will be happy faces in this house, make sure you save first and then invest... what you can afford to 'lose' Come on AVALANCHE..100$ is easy for you, you can do it. oh and some more AWESOME NEWS! the FXPROFESSOR
Long
by FX_Professor
5