The TD series, which was completely discovered at the last bottom of Avalanche is now a sales signal. This comes after AVAX has a 50 % solid jump of its lowest level.
Encryption Ali indicated This is in a modern post, saying “TD Sequential now offers a sale signal after calling down and moves 50 % in Avalanche Avax.” This has been based on the 12 -hour AVAX anti -USDT scheme on Binance.
What is TD serial signal
TD serial Traders help detect when steam trends are running out. It uses a small number from 1 to 9, with possible “9” transformation points on the market.
For Avax, the indicator showed a “9” purchase signal on March 11. It has been shown that this is ripe. After this sign appears, Avax bottom prices About $ 15 and climb up to nearly $ 23, giving traders a 50 % nice profit.
Quickly forward to March 26, we see another “9”-but this time it is after a large increase and indicates down. This indicates that the assembly may be weak and can use a break or back down.
How low AVAX price?
Avax has been stuck in a landing direction since late last year. For about four months, continue to make its highest level along the falling direction line.
The good news is that the price of AVAX has recently broken the trend line with the conviction. Link this penetration completely with the Serial TD purchase signal, giving traders a dual confirmation.
Currently, the price does what prices do often after collapse – return to test the broken direction line. This is completely natural market behavior. The new sales signal is identical to this temporary weakness as some traders get profits.
Decisive price levels to monitor the price of ice collapse
Keep your eyes on how AVAX behaves around the broken direction line. If it touches the line and rises strongly, this is a good sign of the bullish direction.
If you decline below the direction line, we may look at a fake eruption, and the downward trend may continue.
Also read: We asked artificial intelligence prediction at the SUI price in April
In a positive scenario, a successful AVAX directional test can be sent to previous resistance about $ 25, then $ 30, and may exceed $ 35 if the momentum remains strong.
The negative side condition will witness that AVAX fails in the direction line and slides less than $ 20, which is likely to test the support about $ 17 or less.
What is used to be a roof (direction line) is now trying to work as a floor. This is the moment of making or breaking the price of AVAX. Either he emphasizes his newly discovered strength and pushes up, or bears restore control and pay prices to a decrease again.
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