Avalanche Market is willing to grab support around 130 dollars Within Few Hours
What is telling us we can make believe what we don't see on the chart what the consensus of the market. what happened in avalanche during the month of december. we broke this trend we should be bullish into the market in avalanche.
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The market in avalanche was in a very good upward trend for the whole of 2021. where the bullishness started in avalanche and we came back up recently during the month of december and what it is price broke this all-important yearly trend to where price was massively going up.
Why because price is going up. you can even tell the price in avalanche tried to bring back up above we try to break above the next day price went back up the trend is still intact of us going higher.we shouldn't be bullish into the market and avalanche. we're trading around 119 dollars the market it'll be around 119 dollars.
We're not looking for the price in avalanche to continue to follow this trend then simply. we need to figure out we can see the market in avalanche was willing to grab support around 130 dollars.we are longer expecting the market to follow trend we are in a different trend to the market in avalanche.
Where price is showing us strength the price in avalanche go high. we definitely see the market prop up this is where the buyers are literally at price continues to come up. i would expect the buyers to step in at 120 dollar.
The market in avalanche stands up this is where price currently battle is being waged between the buyers and the sellers currently buyers are controlling the market because price has been in a uptrend .price has been going up and there's what it is they're controlling the market far buyers are in control in avalanche.
The market avalanche and generally we're still strong the price is massively strong to where i'm going to expect a massive collapse in price i'm looking for the market to massively give us this wide spread the market until we see price going up.
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