Avalanche (AVAX) - August 20

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(AVAXUSDT 1W Chart)
The key is whether you can keep the price above 20.30.


(1D chart)
The key is whether it can move higher than 23.72.

Otherwise, it is expected to decline to the 15.44-20.30 section.


A move above 23.72 is expected to lead to an attempt to move above 30.03.


- The RSI indicator, the Stoch RSI indicator, and the CCI indicator are all in the oversold zone.

So, it's a good idea to check the movement until you start breaking out of the oversold zone.


- Aggressive buying is currently possible, but if you are unfamiliar with short-term trading, it is not recommended to challenge it.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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