📉 AVAX/USDT Chart Analysis:
$AVAX is forming a head & shoulder pattern. The NECK LINE support has already been broken, indicating that #AVAX has entered a bearish trend according to the chart pattern.
Expectations:
📉 I am anticipating a 40%-60% downside move.
📉 If the NECK LINE resistance is not broken again, we can see our targets at $19 and $13.
Important Reminder:
I am not saying don't open long positions for scalping, but if you do, place a strict stop loss.
I only tell you what the chart is saying. Trade wisely.
Stay cautious and plan your trades carefully!
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