avax on daily chart forming a descending triangle (purple line) forming lower highs
but after crash price bounced back from major support area
23 JAN onwards the price created chart pattern of rising wedge
might breakdown again??
if yes the price might retest the support area again and then after might form a double bottom for bullish indication is so...
2nd...
After recent attack on avax coin the price broke down the trendline and consolidated came back to the price of reversal, but showing good buying happening again. with the help of fib extensions and pitchfork i've drawn some conclusion from recent high and lows price can go up to 70-75+ levels
comment your fav coin and lets discuss about it on the charts
happy trading
