AVAX in a well-defined downtrend
AVAX confirmed a bearish trend after the price broke out from a daily Head & Shoulders pattern.
We can likely see AVAX reach 15 quite soon.
A possible retest of 30.5 or the broken neckline is possible again before the price moves down further. However we can not rule out the possibility that it can also continue moving down slowly from the market price.
Targets:
🎯 21.10
🎯 15.50
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
AVAX confirmed a bearish trend after the price broke out from a daily Head & Shoulders pattern.
We can likely see AVAX reach 15 quite soon.
A possible retest of 30.5 or the broken neckline is possible again before the price moves down further. However we can not rule out the possibility that it can also continue moving down slowly from the market price.
Targets:
🎯 21.10
🎯 15.50
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.