@ImpossibleAnalysis
YouTube
Avg. Quality
69
Success Rate
19.87
Analysis
302
Correct
60
Fail
195
Pending
47
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
AVAXUSDT
Short Entry
9.4200
2026-04-24
18:07 UTC
Target
5.0000
Fail
13.0000
Risk/Reward
1 : 1
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The chart displays a bearish descending channel on AVAXUSDT, with the price currently consolidating near the lower boundary. A break below the 3.82% Fibonacci retracement level at $11 and the 1.272 extension at $7.5 is predicted to lead to a significant drop towards the $5 to $6 range, potentially the 1.414 or 1.618 extensions. However, if the price can hold above $13 and the $11 level, a short-term bullish move towards the upper trendline at $20 is possible. The overall sentiment remains bearish, with a strong invalidation at $13 and a further bearish confirmation if the price breaks below $7.5.
