AVAX has broken a strong daily trendline as shown on the chart above. The MACD is looking very bearish heading towards the red and if the bearish pressure continues with BTC, we can expect AVAX to test the previous weekly low which is around the 30% area shown. Let's see if it will reach that area and if it does, will it have a strong bounce to test the top of the channel again or will it continue lower...
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
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This is not financial advice. This is for educational purposes only.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
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