Technical analysis by theDRS about Symbol AVAX: Buy recommendation (8/10/2024)

In current conditions, markets are under stress. When the pollution around it is cleaned, the upward movement will create movement. For this reason, the risk of short -term decrease continues! This does not mean that it will fall, but there is such a risk on the table. For this reason, gradual purchase is important! Mixed signals are available. 1- ROC: Not to support the rise. Usually to -30 band After contacting, he came to the "zero" levels. One alt band -51 This Banda rarely suffered. 2-OBV looks negative. There is a seller print here or in the term an unhealthy upward direction. 3-MACD: There is a dispute. The power of the seller is decreasing. 4. MOM: This place is not very secure, but a small dispute there is. Momentum rises light while the price graph is falling! Summary : Crypto and general markets are very complicated. The main factor of this is the Carry Trade of the Japanese. Positions. Nikkei - 1.22, USDJPY -0.40 entered the weekend. In the middle Eastern tension should be followed. Usually the voltage is increasing on the weekend. Maybe this The Japanese wanted to be cautious. There are CPI-PPI data on weekdays. According to the data here Can you draw a road map up to employment data? We will see him. For this reason, it is difficult to get a position for short -term investors. On Monday, the day was born for short valley. The market for medium and long term is cheap. Especially on Monday It was one of the opportunities. It is a better option for purchases to be gradually. Because the markets are still not calmed tense! Nikkei and USDJPY It should continue to be followed ... AVAX: The triangular formation took place. Pricked above the middle band. He has not yet finished the fall trend. Medium - it maintains the cheap appearance for long term. A late level for short -term transactions. Position should be taken as a result of today's data. Support Area: Box Zone. The acceleration of the rise with reactions from the box area may increase. The Major support area is still valid for 21,07halde. Trend breakdown. 2. The trend exchange will be approved when new summits over $ 33. There may be minor backward back.