Made by rgalyeon

#AVAX 1D

Cryptovizor: TREND 🔴🔴🔴🔴🔴

MA 🔴 RSI 🔴 14.05.2023

Volume 1D 8.89M

CD Week -9.01M

The market is range-bound. The price is nearing the lower boundary. The RSI is in the bearish zone without being oversold on the daily timeframe. Delta and cluster analysis indicate selling pressure. Divergences are visible on the 12-hour chart. The price has been falling without significant corrections. I expect a decline towards $14, then it's key to monitor candlestick patterns. If these form, a bounce towards the middle of the range could occur. Alternatively, a break below support could lead to a move towards the next support at $11. #cryptoanalysis #trading #cryptotrading