Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for AVAXUSDT
As we predicted in our last analysis on April 20, the price was expected to have a decline. At that time, the price was fluctuating around $79 and you see in this chart that it reached the lowest amount of $25 and after a little rise, now it is fluctuating at the amount of $33. This proves our correct prediction. Here in this chart, the price entered a descending channel and when it touched the long-term support line, it rose a bit and continued its fluctuation. We believe the price is able to reach the first resistance line and then have more rise. Even it is possible for the price to touch the first resistance line and then have more decline. The point is that by the time the price is fluctuating in this channel, we cannot expect a rising trend for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for AVAXUSDT
As we predicted in our last analysis on April 20, the price was expected to have a decline. At that time, the price was fluctuating around $79 and you see in this chart that it reached the lowest amount of $25 and after a little rise, now it is fluctuating at the amount of $33. This proves our correct prediction. Here in this chart, the price entered a descending channel and when it touched the long-term support line, it rose a bit and continued its fluctuation. We believe the price is able to reach the first resistance line and then have more rise. Even it is possible for the price to touch the first resistance line and then have more decline. The point is that by the time the price is fluctuating in this channel, we cannot expect a rising trend for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
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