Hey-as a new trader, I thought I’d share this view of AVAX USDT for the weeks to come. While learning about patterns and signals, the triangle patterns (symmetrical, ascending, descending) seemed to be relatively accurate.
I’ve therefore extended the trend lines on the 1D chart, which form a symmetrical (>) pattern which should end towards October 25th.
The parallel channel seems to strengthen the assumption of this ongoing upward trend of AVAX. With higher highs and lower lows, the bullish trend should continue after these last weeks of accumulation and the price going sideways.
Not Financal advice, just a novice sharing his experiences and findings.
I’ve therefore extended the trend lines on the 1D chart, which form a symmetrical (>) pattern which should end towards October 25th.
The parallel channel seems to strengthen the assumption of this ongoing upward trend of AVAX. With higher highs and lower lows, the bullish trend should continue after these last weeks of accumulation and the price going sideways.
Not Financal advice, just a novice sharing his experiences and findings.