AVAX formed a "Shooting Star" pattern on the 4H Timeframe at its recent peak.
The stock is trading under liquidity in a downward channel and the recent rise was accompanied by a decline in trading volumes.
Price is testing 200EMA as resistance (4H TF)
I expect a drop if AVAX holds under resistance.
The stock is trading under liquidity in a downward channel and the recent rise was accompanied by a decline in trading volumes.
Price is testing 200EMA as resistance (4H TF)
I expect a drop if AVAX holds under resistance.