AVAXUSDT: Channeling Bearish, Further Bear Movement May Prevail?

Hello Fellow Avalanche Coin Investor/Trader, Here's a Technical outlook of AVAXUSDT!

Support our content by smashing the like and follow button, you also can share your opinion in the comment section below.

AVAXUSDT is creating a Bearish Channeling. Furthermore, The MACD indicator has created a death cross, indicating potential bearish movement ahead.

All explanations are presented on the chart.

The roadmap will be invalid after reaching the target/resistance area .

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"