nsanhaji121

AVAX 4H CHART ANALYSIS | NEXT TARGET 75 USD

Long
BINANCE:AVAXUSDT   AVAX / TetherUS
Price is moving within an ascending channel (inside an ascending channel). EMA 50 acting as support at 58-60 region. Resistance at 65 has just been broken (candle closing above with large volume). Making this a great entry point. Next target is at top of channel, fibonacci level 1.618 of retracement line AB. After this targt is reached i blieve a correction wave is coming since RSIO is already in overbought region. Ultimatly price is headed for USD ( see my daily chart analysis).
Not financial advice, just my ideas. Please let me know what you think.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.