AVAX Bear Channel Buy Setup @ ~$40
AVAX has been trading in a descending channel since reaching its ATH at $150.
Recently rejected off the top of the range (red ellipse).
Be sure to watch AVAX/BTC, BTC.D, and TOTAL if you have serious money invested in this project and always do your own due diligence.
Strong belief that AVAX's use case is legitimate to counter ETH's high fees, this is just my observation of a technical setup.
Cheers!
Recently rejected off the top of the range (red ellipse).
Be sure to watch AVAX/BTC, BTC.D, and TOTAL if you have serious money invested in this project and always do your own due diligence.
Strong belief that AVAX's use case is legitimate to counter ETH's high fees, this is just my observation of a technical setup.
Cheers!
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