AVAX is currently in a downtrend and has approached a key support zone. Price action has formed a bearish flag pattern, suggesting a continuation of the prevailing trend. The market is currently in a correction phase within this flag.
If the support fails and the pattern breaks to the downside, AVAX may slide toward the next bearish target around $14.
However, if the resistance of the flag is broken to the upside, it would invalidate the bearish setup and could shift momentum toward a recovery, with a potential move toward $22.5 as the first bullish target.
Let’s monitor how the price reacts near the edges of this pattern to assess whether continuation or reversal plays out.
If the support fails and the pattern breaks to the downside, AVAX may slide toward the next bearish target around $14.
However, if the resistance of the flag is broken to the upside, it would invalidate the bearish setup and could shift momentum toward a recovery, with a potential move toward $22.5 as the first bullish target.
Let’s monitor how the price reacts near the edges of this pattern to assess whether continuation or reversal plays out.
交易开始
brake out of resistance 交易结束:到达目标
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。