$AVAX coin
Long
Price: 17.36
(Enter on entry price)
On the 4-hour timeframe, AVAX is following a rising channel, which is considered a bearish chart pattern. Currently, AVAX is holding the trendline support. If this support breaks, AVAX is likely to move downward. Otherwise, we can expect an upward move soon.
Bitcoin dominance (BTC.D) appears bullish, which usually signals a potential dump in altcoins—an unfavorable sign for alt holders.
TOTAL3 chart is printing an inverse head-and-shoulders pattern. This points to a broader market pump, yet I remain short-term bearish and long-term bullish.
3x leverage isolated
Sl: 16.82
Target:
1) 17.80
2)18
3)18.10
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