hey, i am merna, a middle-eastern analyst, follow me for more ideas and quotes on twitter! luv ya ❤️
AVAX price drop was expected due to the broke 2 ascending trend lines, which made it go down to a find a powerful support line.
S line and S2 line are powerful support lines, breaking them is not a good sign, breaking the blue trendline will make us go to the nearest resistance which is the R orange box.
S = support
S2= 2nd support
R = resistance
acc = where most of the big players entered long positions , when price approaches these levels they will defend their positions hard.
AH = all-time high
AVAX price drop was expected due to the broke 2 ascending trend lines, which made it go down to a find a powerful support line.
S line and S2 line are powerful support lines, breaking them is not a good sign, breaking the blue trendline will make us go to the nearest resistance which is the R orange box.
S = support
S2= 2nd support
R = resistance
acc = where most of the big players entered long positions , when price approaches these levels they will defend their positions hard.
AH = all-time high
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.