Hello trader ,WHATS UP GUYS ?!
In the past analysis that I posted for AVAX, it didn't succeed to grow up as I expected and lost its support and dropped at the same time with bitcoin , but it finally reached first tp after retracement and even a little went beyond.
so now!
-------------------------------------------------------------------------------------------------------------------
๐Technical
As you can see on weekly timeframe for AVAX/USDT ,it has been advancing in a possible rising wedge pattern and printed higher hight and higher lows . we can see it already has reacted to lower trendline and a rised again ,so if it be able to maintain this current pivot zone , it can start a new bullish leg to complete the pattern . but if it lost this trendline and pivot zone it will decline more to lower support zone .
๐resistance level: $145 --ascending trendline
๐pivot zone: $64- 72$
โ๏ธsupport levels: $30-36///$11-14///ascending trendline
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me and give a big thumbs ๐ OR drop comment ๐ฏ๐ญ
In the past analysis that I posted for AVAX, it didn't succeed to grow up as I expected and lost its support and dropped at the same time with bitcoin , but it finally reached first tp after retracement and even a little went beyond.
so now!
-------------------------------------------------------------------------------------------------------------------
๐Technical
As you can see on weekly timeframe for AVAX/USDT ,it has been advancing in a possible rising wedge pattern and printed higher hight and higher lows . we can see it already has reacted to lower trendline and a rised again ,so if it be able to maintain this current pivot zone , it can start a new bullish leg to complete the pattern . but if it lost this trendline and pivot zone it will decline more to lower support zone .
๐resistance level: $145 --ascending trendline
๐pivot zone: $64- 72$
โ๏ธsupport levels: $30-36///$11-14///ascending trendline
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me and give a big thumbs ๐ OR drop comment ๐ฏ๐ญ