nsanhaji121

AVAX DAILY CHART ANALYSIS | GOING FOR 100USD

Alış
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.
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.