$AVAX is currently trying to move upward
On the 1H and daily charts, the structure looks constructive and so far matches the movement of $BTC. However, the weekly chart is still bearish, so I wouldn’t jump to conclusions yet.
If the $7.39–$7.42 zone holds after the test, the first interesting level becomes $7.556, then $7.678.
A break of $7.678 could open the way to $7.708 and then to $7.860.
But losing $7.404 on the 1H will noticeably worsen the picture.
#AVAX #Crypto #Altcoins
On the 1H and daily charts, the structure looks constructive and so far matches the movement of $BTC. However, the weekly chart is still bearish, so I wouldn’t jump to conclusions yet.
If the $7.39–$7.42 zone holds after the test, the first interesting level becomes $7.556, then $7.678.
A break of $7.678 could open the way to $7.708 and then to $7.860.
But losing $7.404 on the 1H will noticeably worsen the picture.
#AVAX #Crypto #Altcoins
