Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for AVAXUSDT
At the current chart, we have R1 as our resistance line and the unsuccessful attempts of the price to rise is obvious. And S1 and S2 are the support areas in which the support of the price at some points is clear. At the present, you see that the price is fluctuating in an ascending channel and we believe it will rise a bit and there, we consider our short position and then we predict a falling trend for the price to S1. In case the price moves above R1 and fixes there, then more rise is waiting for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for AVAXUSDT
At the current chart, we have R1 as our resistance line and the unsuccessful attempts of the price to rise is obvious. And S1 and S2 are the support areas in which the support of the price at some points is clear. At the present, you see that the price is fluctuating in an ascending channel and we believe it will rise a bit and there, we consider our short position and then we predict a falling trend for the price to S1. In case the price moves above R1 and fixes there, then more rise is waiting for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
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.
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.