Hi everyone
The closing of the candle above the trend line of this technical pattern indicates the beginning of the uptrend. However, investors will have to wait again for the candle to close above $ 61.09 to ensure the uptrend begins
In this scenario, the price reaches $ 79.68
Lowering the price below the support level of $ 50.58 causes the sellers to dominate the buyers and the price reaches a lower floor. This will invalidate the uptrend scenario
In such a situation, market participants can expect avax to drop to $ 42.40
Thankful
The closing of the candle above the trend line of this technical pattern indicates the beginning of the uptrend. However, investors will have to wait again for the candle to close above $ 61.09 to ensure the uptrend begins
In this scenario, the price reaches $ 79.68
Lowering the price below the support level of $ 50.58 causes the sellers to dominate the buyers and the price reaches a lower floor. This will invalidate the uptrend scenario
In such a situation, market participants can expect avax to drop to $ 42.40
Thankful