#Avalanche $AVAX : Consolidation before the next upswing?
Avalanche lateralizes in contact with the Vegas Daily (in blue) of our Trend Identifier (BTI) tool.
We have seen
#accumulation zones on the Supreme Vision (BSV), around $34. The current price therefore remains relevant for
#DCA buying.
With the Master Oscillator (BMO), we can see that 60% of addresses are in profit, which is very reasonable. But above all, we can see that large losses have been realized during this lateralization movement, which is a very good thing if we want to return to an
#uptrend in the near future. Finally, the BMO also shows that
#liquidity is on the rise, both from Stablecoins and from FIAT money printing.