As I seen, AVAX will continue to rise for the following reasons:
(1) Break through the daily pressure line, and step back on the green support zone.
(2) Judging from the Fibonacci retracement, it is back to the 0.618 position and get support.
(3) According to the triple-in-one indicator, LS_AUX is about to turn into a bullish trend, which represents the price rising.
(4) According to the triple-in-one indicator, LS_MAIN has emerged a golden cross.
I predict the price will rise to 143.176 (the 1.618 position of the Fibonacci retracement) in a short time period.
However, it will not rise all the way to the target price, so I predict the trend of AVAX might be the blue path.
The triple-in-one indicator is the indicator developed by our team. If you are interested, please let me know, and I'll tell u more detailed information about the indicators. THANKS!
AVAXUSDT
(1) Break through the daily pressure line, and step back on the green support zone.
(2) Judging from the Fibonacci retracement, it is back to the 0.618 position and get support.
(3) According to the triple-in-one indicator, LS_AUX is about to turn into a bullish trend, which represents the price rising.
(4) According to the triple-in-one indicator, LS_MAIN has emerged a golden cross.
I predict the price will rise to 143.176 (the 1.618 position of the Fibonacci retracement) in a short time period.
However, it will not rise all the way to the target price, so I predict the trend of AVAX might be the blue path.
The triple-in-one indicator is the indicator developed by our team. If you are interested, please let me know, and I'll tell u more detailed information about the indicators. THANKS!
AVAXUSDT
Unless it drops below $117.4, we should wait patiently until it reaches a higher target price($138~143).