Technical analysis by snour about Symbol AVAX: Buy recommendation (2/17/2024)

AVAX/USDT is rebounding from support line.. 1-hour chart, the crypto price is trading in a falling wedge. Tested the support line S and rebounded. It should test the Resistance line R. After crossing, and closing for 3 candlesticks above R, the target will be 41.8 extending to 43.6 Stop loss below Support line S.