AVAXBNB 1D

AVAX/BNB, I believe it has already reached the bottom, as since its ATH on February 11, 2021, it has corrected around 88.10% and being of a very high octane rating, it now follows its ascending scale. Its resistances are: 0.05874 / 0 .06403. With the MM200 above serving as a magnet, it quickly hits the target.

Commento:

A bearish trough was formed just after the FTX crash. We now need a buying force to reverse this channel.
We keep following

Trade attivo:

AVAXBNB rejected the accumulation it had been suffering and dropped again and accumulated at a lower level.
I believe that breaking 0.05512 it will be able to return to the incursion to MM200, closing our position, it will take a while, but the hold itself is worth it.