AXAX analysis - very bulish
Start of impulsive wave 2 short and long term?
My 2 cents:
- Avax is at the start of an impulsive wave 2 long and short term.
- Confluence with macro trend channel, fibonnaci and elliot.
(as a plus, AO and RSI on the weekly seem to be turning bulish AKA above 0)
- There's extremely low volume at the lowest price, so i guess no interest in trading bellow that price. Spring?
- Another importante point is that Bitcoin bullmarket has started, and Bitcoin dominance is at resistance, so altcoin season might be starting
My 2 cents:
- Avax is at the start of an impulsive wave 2 long and short term.
- Confluence with macro trend channel, fibonnaci and elliot.
(as a plus, AO and RSI on the weekly seem to be turning bulish AKA above 0)
- There's extremely low volume at the lowest price, so i guess no interest in trading bellow that price. Spring?
- Another importante point is that Bitcoin bullmarket has started, and Bitcoin dominance is at resistance, so altcoin season might be starting
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