readCrypto

Avalanche (AVAX) - July 13

BINANCE:AVAXUSDT   AVAX / TetherUS
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(AVAXUSDT 1W Chart)
The key is to find support above 13.47 and move above 23.96.

From a mid- to long-term perspective, it needs to rise above 32.23 to continue the uptrend.


(1D chart)
Primary resistance: 23.96
Secondary resistance: 32.23

Support: 13.47-16.55

If it finds support near 16.55, it is expected to move higher.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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