AVAX/USDT technical analysis

CryptoNAI

2025-03-18 13:04:05

AVAX0,75%

CHO3,37%

Overall trend (Frame 1W - Long-term) Current price: 18.726 USDT The main trend remains downward, with lower highs and lower lows. The price is currently below all important EMA lines, indicating that the downward trend is still strong. MACD below 0, Negative Histogram → Selling pressure still dominates. Important support area: 15.2 - 16 USDT Important resistance zone: 22 - 25 USDT
Mid-term trend (1D Frame - Day) The price shows signs of stabilizing around 18 - 19 USDT, but still below EMA(25) and EMA(99), indicating that the downward trend is still valid. MACD is approaching the 0 level but there is no sign of a strong breakthrough. Trading volume remains at an average level, with no significant fluctuations.
Short-term trend (4H Frame - Short-term) The price is currently consolidating around 18.2 - 18.8 USDT, with no strong upward signal. MACD is near the 0 line but has not shown strong crossover signals to confirm a reversal. If breaking 19 USDT with a large volume, it may be worth checking the resistance zone of 20 - 21 USDT. Conclusion and trading strategy Long-term: There is no clear signal of a reversal yet. If you want to invest for the long term, you should wait for confirmation of the bottom or gradually buy from the 15 - 16 USDT zone. Mid-term: If the price exceeds 19 USDT and maintains above it, consider placing a buy order. Short-term: No clear trading signals yet. If the price breaks below the support at 18 USDT, it could further decline to 16 USDT. Note: Need to further monitor the price movements of Bitcoin and the overall market before making trading decisions.

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