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AVAX / TetherUS
Short

AVAXUSDT is Bearish

By Fahad-Rafique
AVAXUSDT is experiencing strong bearish momentum and is consistently printing lower highs and lower lows, which according to Dow theory is the classic definition of declining phase. After a small bullish correction, bearish RSI divergence has appeared on 4H time frame, and hence this means that further downside is expected for AVAX. Targets are mentioned on the chart.
Chart PatternsHarmonic PatternsTrend Analysis
Fahad-Rafique

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