#CryptoCharts101

🟡 #CryptoCharts101

One of the most important tools for technical analysis in the world of cryptocurrencies is understanding candlestick patterns and indicators like MACD and RSI. When analyzing the $AVAX coin, I noticed the formation of an inverted head and shoulders pattern on the four-hour timeframe, which may indicate a potential positive reversal. Also, the RSI indicator has surpassed the 50 level, which reinforces the bullish outlook. Additional confirmation tools such as trading volumes and support and resistance lines should be used. Currency: AVAX/USDT