AVAX - SHAKEOUT before FINAL ATH

12 Nis 2024

📉Hi Traders, Investors and Speculators of Charts📈

AVAXUSDT, an ETH rival, is another altcoin currently trading lower than it's first ATH. This is important, because it makes for an excellent low risk and high reward trade.
Currently, we see the markets trading in a corrective phase where wicky price action and shakeouts are common.

I've been bullish on AVAX for a very long time, and we've seen great increases since my last update:

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CryptoCheck

AVAXUSDT

13 Nis 2024

Not

Lets see if buyers show up to defend this trendline. On short timeframe technical indicators, there is no evidence of this... but there is still time until the weekly close.: