@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
32.16
Analysis
1956
Correct
629
Fail
1288
Pending
39
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
AVAXUSDT
Short Entry
8.8700
2026-02-19
22:26 UTC
Target
4.7200
Fail
19.7700
Risk/Reward
1 : 0
Turn Signals into Profit
Join Tahlil Plus Pro to unlock full performance history, live alerts, and AI-backed risk tools.
Start Free
Live PnL
—
P/L: —
Turn Signals into Profit
Join Tahlil Plus Pro to unlock full performance history, live alerts, and AI-backed risk tools.
Start Free
The Avalanche (AVAX) chart is analyzed using Elliott Wave Theory, indicating a strong downtrend. The current price is $8.11, and the analysis suggests a potential target of $4.72 if the current wave 'c' continues to its projected Fibonacci extension levels (100% extension). However, there's an alternative, more speculative scenario suggesting a larger 'b' wave correction that could push AVAX towards $20.77 (61.8% retracement). The immediate outlook remains bearish, with support identified around $6.51 (161.8% extension). A break above $19.77 would invalidate the current bearish outlook.
