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alial-gayyali1989
Apr 16, 2024 2:54 PM

AVAXUSDT 

AVAX / TetherUSBinance

Description

BINANCE:AVAXUSDT

it seems we've formed a bullish trend with three upward waves and created an ascending channel on the daily timeframe. After the wave C, we experienced a downward move, breaking the bottom of the ascending channel. Additionally, we now have a bearish divergence between the highs A and C and the current situation finds us standing at the previous B bottom before wave C.
So If we break this support we might head towards retesting the $20 support
or retesting the descending channel between the price range of $42 to $43.

to see what unfolds.

Trade active

we are going to retest th Bearish OB bt 34$ & 44$
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