AVAX Eliot pattern via Double Bottom
As the chart illustration, the candles are inside fifth wave of Eliot patterns
In addition, as you could see on shorter time frames such as 1H or 15m, candles are creating double bottom pattern which in technical analysis is a bullish pattern, also the first target price will be approximately above 80 and the second one will be above 90.
Additionally, it should be aware of RSI about over sold for short terms.
Moreover , it is necessary to persuade BTC.D , BTC/USDT, USDT.D, DEFI.D to make better decision.
To sum up, Avalanche has a good fundamental and looks bullish how ever BTC.D is the first chart to check then we could check the AVAX chart
In addition, as you could see on shorter time frames such as 1H or 15m, candles are creating double bottom pattern which in technical analysis is a bullish pattern, also the first target price will be approximately above 80 and the second one will be above 90.
Additionally, it should be aware of RSI about over sold for short terms.
Moreover , it is necessary to persuade BTC.D , BTC/USDT, USDT.D, DEFI.D to make better decision.
To sum up, Avalanche has a good fundamental and looks bullish how ever BTC.D is the first chart to check then we could check the AVAX chart
Aviso legal
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