AVAX/USDT/PERPETUAL/1H
The price chart is moving between the resistance range of 13.300 and the support range of 11.900. According to the divergence of the RSI indicator, there is a possibility of correcting the downward trend to the 0.618 Fibonacci range. If the price chart succeeds in breaking the moving average, after the stabilization of its high price, we can expect more growth. had:
Ranges of downward trend correction:
$12,708
$13,260
$13,989
And also to consider the downward trend: if the price chart of the short trend line breaks the ascending period with a valid candle, after the price stabilizes below the range of 11.900, we can expect a better fall to the following support ranges:
$11,900
$11,283
$10,145
The price chart is moving between the resistance range of 13.300 and the support range of 11.900. According to the divergence of the RSI indicator, there is a possibility of correcting the downward trend to the 0.618 Fibonacci range. If the price chart succeeds in breaking the moving average, after the stabilization of its high price, we can expect more growth. had:
Ranges of downward trend correction:
$12,708
$13,260
$13,989
And also to consider the downward trend: if the price chart of the short trend line breaks the ascending period with a valid candle, after the price stabilizes below the range of 11.900, we can expect a better fall to the following support ranges:
$11,900
$11,283
$10,145