LochubT

AVAX, support near 22.

BINANCE:AVAXUSD   AVAX
The following content is machine translation:

In the 4-hour chart, it is currently near the 22 support, 22 is the support in May, the rebound in June turned into resistance, and it broke through in July, and it has now fallen back to the vicinity of the 22 support.
The indicator macd is a callback trend, the speed line is still above the zero axis, and there is a possibility of a rebound. The RSI indicator topped off near the overbought zone and returned to the neutral 50.
To sum up, the current 4-hour chart has begun to rebound, and the short-term is bullish. If it falls below 22, it will see around 16.

📈📉 Join our analysis channel,加入我们的频道:👇
t.me/CryptoObservation

📈📉 我们的中文电报社区:👇
t.me/CryptoMiningCN

☯️ 我们目前提供更高准确度的交易指引,请加入我们的电报社区后和管理员联系。☯️
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.