Around two weeks ago I made an analysis on AVAX. In this analysis I argued that we were trading in a bearish wedge and that a bearish move was in the cards.
In the end, we broke out on the downside, and are currently seeing some bearish pressure. With BTC going parabolic, I don't think we're done yet. My main reversal area is the area between $55 and $47.5, based at recent points of inflection.
Main target for the incoming reversal is placed at $75.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.