Large analysis of the asset #Avax
Timeframes: daytime (1D) and 2-hour (2H)
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💬 1D (daily schedule)
The price pushed away from the ascending trend line in the region of $ 21.300 after removing liquidity.
Resistance - $ 22.500, where the price could not gain a foothold.
This may indicate a readiness for a decrease. The closest support is $ 20,000–20.800. A breakdown will open the way by 18.300–19,000 $.
Bull script: retention over trending + breakdown $ 22.500 → goal 24.500–25.500 $.
Bear scenario: breakdown 21.300 $ → decrease by 18.500–19,000 $.
💬 2h (2-hour schedule)
The asset moves to the zone 22.500–23.300 $. Impulse without volume - false activity is possible. Support - 21.800–22,000 $. A breakdown will mean movement by 20.800–21,000 $.
Local options:
- Growth above 23.300 $ → Movement by 24.500 $.
- retention $ 22,000 → a chance of growth.
- breakdown 21.800 $ down → Strengthening.
Bottom line:
#Avax demonstrates uncertainty. Key zone - 21.800–22.500 $. The ascending scenario - when fixed above $ 23.300
Post #1920
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