Pentoshi, an active Twitter analyst who had properly predicted the end of Bitcoin’s upward trend last year, says Avax is now preparing for a new uptrend.
According to the Daily Hoodle, he posted the following chart to 6,000 followers on Twitter:
I bought some avax and intend to invest more in price. I think the right structure is being formed in the short -term intervals of Olanech.
Olanech is currently fluctuating around $ 1.5 and must experience a 5 % growth in order to reach a $ 1.5 goal in Pentosch analysis. According to the chart above, Pentosh expects to reach the next resistance at $ 1.2 at $ 1.2, after crossing $ 1.2.
He also pointed to the bitcoin chart, saying Bitcoin must first go through the $ 1.5 resistance to start its new uptrend.
She says:
If you don’t like this idea, you will not have to follow it. You are mature and the adults themselves decide. Anyway, so far, everything is going well. The rest depends on you to manage your trading positions well. I only share my ideas and I have already traded a small part of my capital.
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For China, the Pentosh also predicted a 5 % jump of current levels ($ 1.5). He said China will soon reach $ 1.5 and everything has gone as expected.
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