AVAX is under a strong zone with high liquidity. Price and RSI have formed a bearish divergence on the 4H Timeframe. The asset is in an overbought zone on the BB indicator (4H TF) TD Sequential has formed a reversal signal down (1H TF) Price moved out of the overbought zone RSI (1H TF) I expect the continuation of the correction after fixing under the support level.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.