$AVAX Broke into the new yearly Low what's going on there? | CRYPTO MECHANIC en Binance Square

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$AVAX Broke into the new yearly Low
what's going on there? THE first high cap coin that broke the low i think. 

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Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

AVAX

33.77

-4.33%

9.2k

0

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Me to my Altcoins

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Someone asked me if a coin holds a level what can we expect so i decided to write a post so most of you can read. As long as a coin can hold a key zone that you have on your chart, you can continue to expect your predicted direction. For example $BTC is holding the $89500-90,000 level for the last few days. As long as price is holding above it you can continue to expect more upside. This can also be used another way round. As long as bitcoin is holding $89500-90,000 there is no reason to call for a downside. you can use same level for two decisions. - Bullish as long as it holds - Bearish as it breaks below. So this is how you can use a key zone for your trading decisions. Keep learning

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Bitcoin struggling to get some volume. No signs of the downside yet but if it drops below $90k and holds. I think that will trigger some short term correction. $89500-90000 lets say. As this zone is clearly holding up the price.

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$JUP One of the most used solana swap after Raydium it has been consolidating for weeks. As SOL is getting closer to it's All time high. i think it's worth keeping an eye on this consolidation breakout. Whenever it comes

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I have $TIA in my bag also. Holding it for a few days already.Not doing anything for now will probably move once it breaks and holds above $6.

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