AVAX analysis (1D)
2024-09-02

From where we put the red arrow on the chart, it seems that AVAX has entered the correction phase.

We now seem to be in the F wave.

The price can drop down soon. 

If the g wave is normal, it can end on Entry 1.

But if the g-wave is extended, the g-wave can continue up to the Entry 2 range.

Risk-averse people can wait for Entry 2, and risk-taking people can enter the range of Entry 1 and Entry 2 in the form of martingale.

We have such a view on AVAX.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You