IN THIS FALLING MARKET #AVAX/USDT IT LOOKS VERY STRONG!!!
$AVAX There is a falling wedge formation that may occur in . With a possible deviation from the previous support zone, the price touches the lower band of the falling wedge formation and we instantly watch the price movement in the region that has previously turned from support to resistance. If it manages to stay inside the box that has turned from support to resistance, it touches the upper band of the falling wedge formation (falling trend) and breaks upwards, the price will reach the golden zone Fib. It will be likely to face the resistance zone, which is the level. When we calculate the profit margin of the level I mentioned (golden zone fib.) from the current price level, there is a profit margin of 80% for the wick and 60% for the candle closing. Enjoy watching ...
![](https://public.bnbstatic.com/image/pgc/202406/23fcf26611bf5610bd71da7f5235d366.png)