AVAXShort
AVAX (W) - Rejected on Fib and headed to $3.50.
Morning/Afternoon/Evening,
Here is Avax on the weekly with MAs, Fib, RSI and MACD.
Chart is currently in a bear flag with the potential setup for a move to $3.00-3.50.
MAs signaled death-cross on May 29th, signaling more downside.
MACD and RSI are setting up rejections to the upside and movement to the downside.
Volume remains extremely low.
I'm remaining on the sideline until further evidence indicates otherwise.
-TNT
Here is Avax on the weekly with MAs, Fib, RSI and MACD.
Chart is currently in a bear flag with the potential setup for a move to $3.00-3.50.
MAs signaled death-cross on May 29th, signaling more downside.
MACD and RSI are setting up rejections to the upside and movement to the downside.
Volume remains extremely low.
I'm remaining on the sideline until further evidence indicates otherwise.
-TNT
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