AVAX | Technical Analysis | Unlocking Fibonacci Insights | Crypto
In today’s analysis of AVAX on the daily chart, we observed the price aligning with the 50% Fibonacci retracement point. This aligns with a previous high, and we delve into the significance of this convergence in today’s update.
Today’s focus: AVAX
Pattern – 50% Fibbo, HL low analysis.
Support – 29.22
Resistance – 33
Additionally, we’ve covered the criteria we’re monitoring to confirm a low and anticipate a continuation. Signs are emerging, but buyers still have some ground to cover.
Good trading.
Crypto | AVAX | Avalanche | Trading | Fibonacci | Price Action | Technical Analysis | Trend Analysis | Chart Patterns | Technical Indicators | Continuation Patterns
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