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Tolberti
Jan 8, 2022 11:10 AM

Avalanche AVAXBTC - Rising wedge - bearish pattern Short

BINANCE:AVAXBTC1D
AVAX / BitcoinBinance

Description

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- Avalanche is currently breaking down on the daily timeframe.
- We can spot a rising wedge - bearish pattern.
- 0.618 FIB retracement is the target.
WedgeSupport and ResistanceVolumeavalancheAVAXUSDTavaxAVAXUSDAVAXBTCRising WedgeFibonacci RetracementFibonacci Extension
Comments
Mihai_Iacob
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Nice break of the wedge, we can expect continuation, indeed
Tolberti
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@OptimoomFX, Yeah likely!
Tolberti
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Post your questions, comments and related ideas about AVAX here. I look forward to your comments!
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