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candlestickninja
Jan 23, 2023 9:03 PM

THIS LOOKS MORE LIKE A REVERSE AVALANCHE  Long

AVAX / US DollarBinance

Description

AVAX looks like it's going to do an avalanche in rewind, I anticipate a cup to finish forming around 28-30 and for a handle to retrace .382 or 38.2% in the coming week or two -- after that a break above $30 should lead us to $50+ but again, this is just my estimate what do I know..
Comments
candlestickninja
well this is a longer term chart in volatile market so 50 cents of from 17.7 still in line, i do feel we can have $1 up down swings to as low as 16-16.50 before we can continue up though, i'll do a shorter term update of things in a moment, definitely capping due to recent rise but my short term trajectory to 28 is still my conviction but I don't feel we will see 50-100 like many are saying soon, we have been turning direction from a huge fall it's always volatile during such times i'm sure you'd agree, no?
simpsonepic1a
Price is 17 hows that fit in to your chart?
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