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This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed...
This is an idea of bottoming taking in consideration only this 9 candle is full of hopeium.
Also fib levels are good.
I believe candle will close above 3bucks, can do a retest or just pump back to previous fib level
take care
- Bearish descending triangle = continuation pattern to the downside
- The price is below previous trend line, that is bad for bulls
- Not looking good to me, you can short this coin on futures market
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AVAXUSDT is printing a descending triangle chart pattern.
We could see a breakout above the inclined resistance ⬆️ or a breakdown below the horizontal support ⬇️.
RSI pattern breakout could be a confirmation.
