nsanhaji121

AVAX DAILY CHART ANALYSIS | GOING FOR 100USD

Lång
BINANCE:AVAXUSDT   AVAX / TetherUS
Price is moving within an ascending channel with support at the 58-60 region. Looks like we might be on the 3rd elliot wave. Also, the top of the channel is coinciding with fibonacci 1.618 level making it a probable target to aim for. The only obvious sign of a bearish revesal is the bearish divergence found on the RSI. However every other signal is showing a healthy bullish movement accompanied by increasing volume. Therefor I believe price will continue moving up, peaking at around 100 usd.
Please stay tuned for additional analysis on 4H chart for possible retracement/ entry.

Not financial advice, just my ideas. Please let me know what you think.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.