#AVAX/USDT
#AVAX
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside.
We have a bounce from a major support area in green at 24.00
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 27.00
The first target is 30.35
Second goal 32.33
Third goal 34.71
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside.
We have a bounce from a major support area in green at 24.00
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 27.00
The first target is 30.35
Second goal 32.33
Third goal 34.71
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