Avax
Broke below the main levels of support on an increase in the volume of negotiation on Wednesday, the follow -up Bitcoin of 1.1% of 1.1% over 24 hours.
Technical analysis
• AVAX formed a descending channel with ups and lower stockings gradually lower than the period of the period 24 hours a day.
• The price was broken below the key support at $ 21.05 during heavy volume sessions.
• Notable resistance was established at $ 21.64, where the sales pressure was considerably intensified.
• The level of $ 20.85 now represents immediate support which could speed up the lowering momentum to $ 20.50 if it is broken.
• A temporary double background was formed at $ 20.85 before a gathering to test resistance of $ 21.03.
• The highest volume of the period (50,477 units) confirmed the continuation of the downward trend.
• The total price range for the period was 0.79 (3.67%), from $ 21.56 to $ 20.89.
