Let's take a look at the following:
1-At the chart of weekly timeframe, it seems AVAX is creating a descending wedge pattern.
2-In the daily time frame, AVAX seems to be under resistance, which it has respected before.
3-In the Ranko chart, AVAX is below the moving average resistance of 40.
https://www.tradingview.com/x/wiNFgUgf/
AVAX' response to these two levels of resistance is crucial, and both are almost at the same price level
In case of a confirmed break-up of these two resistances, we can open a long position
If AVAX fails to break, a short position will be recommended
1-At the chart of weekly timeframe, it seems AVAX is creating a descending wedge pattern.
2-In the daily time frame, AVAX seems to be under resistance, which it has respected before.
3-In the Ranko chart, AVAX is below the moving average resistance of 40.
https://www.tradingview.com/x/wiNFgUgf/
AVAX' response to these two levels of resistance is crucial, and both are almost at the same price level
In case of a confirmed break-up of these two resistances, we can open a long position
If AVAX fails to break, a short position will be recommended
For more of my on-chain analyses, visit my CryptoQuant profile:
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
For more of my on-chain analyses, visit my CryptoQuant profile:
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
