AVAX Bull Cycle Prediction 3/30/22
Indicators
HMA
Williams Alligator
MACD
RSI
Last HMA cycle in august of 2021, AVAX went up 1000% at its highest point. Bearish divergence finished off the cycle in November 2021.
This prediction uses previous cycle data, and fibonacci as targets. 1-2-3-4 618 levels.
Reasons for Short Setup Idea
1. Bearish RSI
2. MACD losing positive momo
3. Trend Tracer about flip red
4. Alligator about to cross bearish
5. Rejection at key Fibonacci level
6. . All bearish factors confirmed by Lux algo flashing strong sell
*Pre "fed emergency meeting"* - This idea will play out if the bearish news prevails.
