$AVAX bounced off 8.66 and is knocking on the ceiling 🔺
Avalanche is still -7% on the week, but the last three 4H candles are green and price is back above the EMA20. The test now is the 9.03-9.17 zone, where the lower highs and the EMA50 meet.
🔴 Lid: 9.03-9.17
🎯 Next: 9.35
🟢 Floor: 8.66-8.77
Break and hold above 9.17 and the downtrend from Oct 21 is over. Rejection here sends it back to the floor.
👉 Tap $AVAX
for the live chart. NFA
Breakout or rejection? Vote below 👇
#Avalanche #Altcoins #FOMCWatch
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
Avalanche is still -7% on the week, but the last three 4H candles are green and price is back above the EMA20. The test now is the 9.03-9.17 zone, where the lower highs and the EMA50 meet.
🔴 Lid: 9.03-9.17
🎯 Next: 9.35
🟢 Floor: 8.66-8.77
Break and hold above 9.17 and the downtrend from Oct 21 is over. Rejection here sends it back to the floor.
👉 Tap $AVAX
for the live chart. NFA
Breakout or rejection? Vote below 👇
#Avalanche #Altcoins #FOMCWatch
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
