Alikze »» AVAX | Ready to break the neckline

In time 2W, after a complete upward cycle up to $147, it made a complex double structural correction, which corrected more than 50% of the previous wave. Currently, it is located in the important resistance area and the neck line, with its failure, it will have the ability to reach the ceiling before and after that, the first target of $515. Therefore, we can wait for the failure of the important area to continue the upward path of this currency, which, according to the momentum, will have the ability to break the specified range.
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Comment:

Due to the fact that the supply area and neck line were not broken in the weekly time, it has faced correction, which is currently supported by the blue band, which has had a positive reaction to it. Currently, due to the fact that it is running in the green box and faced with the demand in the daily time, it can have short-term targets of 43 and 50 and the previous supply area. If the behavior and structure of the post changes, it will be updated.