Based on the 2 past bottoms for AVAX, price action formed a falling wedge with a rising wedge followed by a double bottom and massive run. Volume is currently declining with AVAX which means sellers are disappearing and in 2021 volume declined beautifully and AVAX would pump from there. So far so good for a bottom.
(2020 BOTTOM i mean not 2019 for the first bottom, oops!)
(2020 BOTTOM i mean not 2019 for the first bottom, oops!)
Commentaire:
I would be weary of a lower low, in 2021 price made a lower low before the big run up. Have a slight feeling a lower low MAY form for AVAX like 2021 and then pump. Keep that in mind.
