AVAXUSDT: Breakout of Bearish Channeling,Goes Under $12.00 soon?
Updated
Hello Fellow Global Crypto Investor/Trader, Here's a Technical outlook on Avalanche Coin!
Chart Perspective
The breakout of the bearish channeling is an indication of a potential bearish sentiment. Recently, The MACD Indicator made a death cross, confirming a possible downside movement to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the AVAXUSDT"
Support the channel by giving us a thumbs up and sharing your opinions in the comment below!
Chart Perspective
The breakout of the bearish channeling is an indication of a potential bearish sentiment. Recently, The MACD Indicator made a death cross, confirming a possible downside movement to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the AVAXUSDT"
Support the channel by giving us a thumbs up and sharing your opinions in the comment below!
Trade active
Support the channel by giving us a thumbs up and sharing your opinions in the comment below!Note
Done Target 1, See you soon at the second target!Trade closed: target reached
Done Target 2, Press the Rocket Button and Follow for more content/outlook for free :D
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