AVAX, is the price climbing back up?

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Note:
  • Red squares/lines = resistance green squares/lines = support.
  • I am also using two pitchforks: The blue pitchfork; longer term pitchfork and is an inside pitchfork. The red pitchfork; the shorter term pitchfork, and is an original pitchfork.



What is happening with AVAX right now?

AVAX had gone down after a very big push. After two pushes downwards, we got a support area. Unfortunately, AVAX quickly got resistance. Now we have gotten support, with the same support area, the red pitchfork, and a RSI bullish divergence. AVAX is doing a more successful push this time. AVAX still needs to break through this current resistance area though. After that, there are more potential resistance areas that I have put on the chart with the help of previous support area and pitchfork lines. (See the chart as reference)

S/R LEVELS

Support: Around 88-80

Resistance:

Right now: Around 93-96

The one after that: Around 106 - 110

The next one after that: Around 114 - 118

The final one: Around 124 - 130

Disclaimer: I AM NOT A FINANCIAL ADVISOR! THIS IS FOR EDUCATIONAL AND ENTERTAINMENT PUPROSES. DO YOUR OWN RESEARCH! DON'T INVEST MORE THAN YOU ARE WILLING TO LOSE!

Thanks for reading!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.