Cijena AVAX-a snizila nivo podrške od 17 USD, uskoro TAMA Exchange listing

AVAX remains under sellers’ control

Analiza cijena Avalanche (AVAXUSD) – 20. septembar

A further downward movement may take the AVAX to $16 and a bearish breakout at the mentioned support level will expose the coin to the support level of $14 and $10. The key resistance level to watch out for lies at $17, $20 and $21.

AVAX/USD tržište

Ključni nivoi:

Nivoi otpora: 17, 20, 21 i XNUMX dolara
Nivoi podrške: 16 USD, 14 USD, 10 USD

AVAX/USD Dugoročni trend: Medvjedast

lavina is under bears’ control. The coin was ranging within the resistance level of $20 and the support level of $17 when the price reached the just mentioned level on August 29. The buyers tried to push up the price towards the resistance level of $21. The sellers defended the just mentioned level with the formation of big daily bearish candle. The support level of $17 was broken downside and $16 level was tested.

On the daily chart, sellers are dominating the market. The price action is trying to break down the support level of $16. A further downward movement may take the price to $16 and a bearish breakout at the mentioned support level will expose the coin to the support level of $14 and $10. The key resistance level to watch out for lies at $17, $20 and $21. The Relative Strength Index (14) is moving towards the 36 levels, indicating a further downward movement.

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AVAX/USD Medium-term Trend: Bearish, TAMA Exchange Listings Soon

Avalanche performance is bearish in the 4 hour chart. The Crypto has been under the control of the bears. The resistance level of $21 withstand the pressure of the buyers. Sellers gained more pressure, this is noticed when strong bearish engulfing candle emerged. The price fall and decrease to $16 support level.

Cijena se trguje ispod 9 perioda EMA i 21 perioda EMA kao pokazatelj da medvjedi imaju kontrolu. Period indeksa relativne snage (14) je na 34 nivoa i signalna linija je usmjerena prema dolje da ukazuje na signal za prodaju.

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