HEY ,Sup Guys!
In the last analysis that I posted for AVAXUSDT , As I expected it followed the bearish scenario and after breakout ascending trendline it has had a massive crash same as others altcoins ( after breakout => -70 % short (1x)🎯💰 ).
So today as you can see in 1D timeframe for avax/usdt , it has lost the important pivot zone ,and after touching the VG zone (Volume gap) , the bulls try to increase the price to reach pivot zone again , so if bulls be able to takeover this zone and overcome the bears then the higher target is about vwap line probably or higher resistance zone ,but otherwise if it loses VG zone it can decline to lower support zone .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
In the last analysis that I posted for AVAXUSDT , As I expected it followed the bearish scenario and after breakout ascending trendline it has had a massive crash same as others altcoins ( after breakout => -70 % short (1x)🎯💰 ).
So today as you can see in 1D timeframe for avax/usdt , it has lost the important pivot zone ,and after touching the VG zone (Volume gap) , the bulls try to increase the price to reach pivot zone again , so if bulls be able to takeover this zone and overcome the bears then the higher target is about vwap line probably or higher resistance zone ,but otherwise if it loses VG zone it can decline to lower support zone .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
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past analysis:
