I am sharing AAVAX/USDT's support, Resistance, and possible long-term targets.
As you can see price is maintaining its upside movement in an upside Parallel channel on a daily timeframe. Plus there is a symmetrical triangle on the price chart which is bullish and if I measure the size and see the possible target is the same as Fib 1.618. Also if you see RSI bouncing again and again from the yellow line I have marked on it. As it is working as support.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.