Analysis #AVAX /USDT on the weekly chart
Short-term forecast: As long as the price is in the triangle, we are waiting for either a breakout upwards (to 22 USDT) or a drop to support (10.11–12.86). Most likely, there will be a rebound, as the RSI is low.
Long-term forecast: If we break 22 USDT, we could see a rise to 35.91 USDT and even 50.00 USDT! If we fall below 10.11 USDT, then a test of 8.57 USDT is possible.
Short-term forecast: As long as the price is in the triangle, we are waiting for either a breakout upwards (to 22 USDT) or a drop to support (10.11–12.86). Most likely, there will be a rebound, as the RSI is low.
Long-term forecast: If we break 22 USDT, we could see a rise to 35.91 USDT and even 50.00 USDT! If we fall below 10.11 USDT, then a test of 8.57 USDT is possible.