AVAX / TetherUS
Alış

🔥 AVAX Bearish Wedge Break Out: Reversal Soon?

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Around two weeks ago I made an analysis on AVAX. In this analysis I argued that we were trading in a bearish wedge and that a bearish move was in the cards.

🔥 AVAX Rising Wedge: Potential Bearish Move Ahead


In the end, we broke out on the downside, and are currently seeing some bearish pressure. With BTC going parabolic, I don't think we're done yet. My main reversal area is the area between $55 and $47.5, based at recent points of inflection.

Main target for the incoming reversal is placed at $75.

Happy trading!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.