#CryptoCharts101

🟡 #CryptoCharts101

One of the most important tools for technical analysis in the world of cryptocurrencies is understanding candlestick patterns and indicators like MACD and RSI. When analyzing the $AVAX coin, I noticed the formation of an inverted head and shoulders pattern on the four-hour timeframe, which may indicate a potential positive reversal. Also, the RSI indicator has crossed above the 50 level, further reinforcing the bullish outlook. Additional confirmation tools should be used, such as trading volumes and support and resistance lines. Currency: AVAX/USDT

#CryptoCharts101$AVAX