AVAX view
NFA, DYOR.
We are on the previous swing low, which acts as resistance for now.
We faked a breakout, (not confirmed on a daily TF).
Price is forming a symmetrical triangle, after a bullish impulse, which is consolidation for a continuous move up.
If the price closes above the upper line of the triangle, it can easily go up to resistance above (zone in between red lines).
RSI is highly overbought, and losing momentum, (forming potential divergence).
Up is limited, if we do not see some kind of correction.
Stay safe.
We are on the previous swing low, which acts as resistance for now.
We faked a breakout, (not confirmed on a daily TF).
Price is forming a symmetrical triangle, after a bullish impulse, which is consolidation for a continuous move up.
If the price closes above the upper line of the triangle, it can easily go up to resistance above (zone in between red lines).
RSI is highly overbought, and losing momentum, (forming potential divergence).
Up is limited, if we do not see some kind of correction.
Stay safe.
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.
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.