AVAX Technical Analysis Apr 4
The post AVAX Technical Analysis Apr 4 appeared on BitcoinEthereumNews.com.
[AVAX is weakly trending in a downtrend with LH/LL structure; rise with BOS above $8.91, risk of deepening below $8.40?] Market Structure Overview AVAX market structure has been exhibiting a clear LH/LL (Lower Highs / Lower Lows) formation recently, continuing the downtrend. With the current price at $8.87, the 24-hour range stayed between $8.73 – $9.15, and the overall structure is giving bearish signals. Supertrend is in bearish position ($10.28 resistance), price is trading below EMA20 ($9.11). RSI at 44.66 is neutral, but MACD with negative histogram supports downside momentum. In MTF (Multi-Timeframe) structure, 12 strong levels were detected in 1D/3D/1W timeframes: 2 supports/4 resistances in 1D, 2 supports/0 resistances in 3D, 1 support/3 resistances in 1W distribution. This indicates short-term bearish pressure dominance, but higher timeframe resistance density signals trend continuation. Market structure analysis has moved away from HH/HL (Higher Highs/Higher Lows) bullish structure; recent swing lows have formed progressively lower. This structure emphasizes that the trend requires a clear BOS (Break of Structure) for reversal. Educationally, market structure analysis examines the relationship between swing points: downtrend is confirmed when LH/LL series forms, until HL/LL series begins with bullish BOS. Trend Analysis: Uptrend or Downtrend? Uptrend Signals HH/HL structure is required for an uptrend; however, this has not been observed in AVAX recently. The $9.15 24h high stayed below the previous swing high $9.3581, confirming LH. For potential bullish signals, price needs to break above $8.9154 (72/100 score) and $9.3581 (60/100) resistances, then form HH extending to $12.1232 (64/100). Closing above EMA20 ($9.11) could initiate short-term HL structure. RSI rising from 44.66 to 50+ would support momentum shift, but it’s weak now. In multi-timeframe, if 3D supports (around $8.4047) hold, local HH attempt is possible, but overall structure is LH/LL dominant. Downtrend Risk Downtrend is strongly confirmed with LH/LL:…
Filed under: News - @ April 4, 2026 2:01 am