$AVAX Price Action Suggests Lower Lows Ahead
As long as it stays below 6.53, $AVAX looks primed for a drop to 6.04. We're watching the price action to see if it can hold above 6.00.
The 10-bar trend is sideways, but last candle is bearish
Close below SMA7 and SMA25 indicates trend reversal
Near support is false, confirming our bearish view
A daily close above 6.99 breaks this setup
Are you shorting $AVAX at the moment?
As long as it stays below 6.53, $AVAX looks primed for a drop to 6.04. We're watching the price action to see if it can hold above 6.00.
The 10-bar trend is sideways, but last candle is bearish
Close below SMA7 and SMA25 indicates trend reversal
Near support is false, confirming our bearish view
A daily close above 6.99 breaks this setup
Are you shorting $AVAX at the moment?