πŸ’‘ #Avalanche ( $AVAX ) AI Generated forecasts

Navid Jafarian
Jul 21, 2024

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πŸ’‘ D1: Current: Range Bound. Forecast: Beginning of Up Trend.

πŸ’‘ H4: The downtrend is broken, and the price is in an impulse wave. The bullish wave is expected to continue as long as the price is above the strong support at 27.73

πŸ’‘ H1: The price has broken 29.55 resistance and turned it into support.
Forecast:
1- Correction wave toward the Buy Zone
2- Another Upward Impulse wave toward higher TPs
βœ… TP1 = 33.00 Hit
πŸ’‘ SL: Below 27.73

πŸ’‘ All Technical Analysis & Trading Ideas are generated by 4CastMachine AI software.
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Navid Jafarian
Navid Jafarian

Written by Navid Jafarian

β™₯ Founder & CEO @ForecastCity ♦ #AI & #DataScientist ♦ #TechnicalAnalyst +20YoE ♦ #MachineLearning ♦ #ComputationalInvesting ♦ #FullStack Dev ♦ #Forex #Cryptos

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