AVNT's recent movement is quite interesting. I used a model to scan the 4-hour candlestick chart and discovered a classic momentum divergence—this is a signal worth paying attention to.
The core phenomenon is as follows: the 1-hour MACD just showed a death cross (MACD line 0.0106 crossing below the signal line 0.0145), but the 4-hour RSI is still pressing at 69.5, close to the overbought zone at 70. At first glance, it seems conflicting, right? But this precisely indicates that the short-term momentum is waning. Coupled with the volume performance, there was a 14.8% surge 24 hours ago with increased volume, but now it has contracted by 64.9%, which is a typical profit-taking rhythm.
I reviewed similar patterns over the past 6 months and calculated some probabilities:
The highest probability within the next 24 hours is sideways consolidation, about 58%. There is a 31% chance of a pullback to the support level at 0.33. The chance of a genuine volume breakout above 0.36 is only 11%—which is why I don't recommend chasing at the current price.
Let me share my judgment. The current price at 0.35 is in a very awkward position—neither up nor down. If I want to go long, I need to see a volume-confirmed close above 0.36 on the 4-hour chart for a true breakout; if it falls below 0.33, it indicates the short-term structure is broken, and I might consider turning bearish. The risk-reward ratio for entering now is less than 1:1, so the risk isn't worth it.
Therefore, my choice is to stay on the sidelines. Wait for clearer signals before taking action—either break above 0.36 to go long or fall below 0.33 to go short. Although this trading discipline seems conservative, it will lead to more stable long-term success.
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FrogInTheWell
· 13h ago
Well, this analysis is okay, but I think a 58% sideways movement probability is a bit optimistic.
Let's wait for 0.36; if it doesn't break through, it's just a false breakout.
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ServantOfSatoshi
· 16h ago
The data is quite detailed, but can this sideways movement really hold at 58%? I think it might break below easily.
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CoinWarDominance
· 20h ago
0.37 reached, broke through
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LuckyHashValue
· 12-24 19:51
Damn, still just watching on the sidelines. When will this game be played, in the year of the monkey or the horse?
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Liquidated_Larry
· 12-24 19:50
I'm starting to get indecisive again; waiting for signals is a bit exhausting.
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ChainMemeDealer
· 12-24 19:49
Still just watching? I feel like this logic always lines up...
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MEV_Whisperer
· 12-24 19:46
Damn, it's the same data model again... Is your probability and statistics knowledge toxic or something?
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RiddleMaster
· 12-24 19:44
0.35 at this level is really useless; I can also see that the momentum is waning.
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ZkProofPudding
· 12-24 19:37
The momentum divergence analysis is quite detailed, but honestly, entering the market right now is a bit awkward.
AVNT's recent movement is quite interesting. I used a model to scan the 4-hour candlestick chart and discovered a classic momentum divergence—this is a signal worth paying attention to.
The core phenomenon is as follows: the 1-hour MACD just showed a death cross (MACD line 0.0106 crossing below the signal line 0.0145), but the 4-hour RSI is still pressing at 69.5, close to the overbought zone at 70. At first glance, it seems conflicting, right? But this precisely indicates that the short-term momentum is waning. Coupled with the volume performance, there was a 14.8% surge 24 hours ago with increased volume, but now it has contracted by 64.9%, which is a typical profit-taking rhythm.
I reviewed similar patterns over the past 6 months and calculated some probabilities:
The highest probability within the next 24 hours is sideways consolidation, about 58%. There is a 31% chance of a pullback to the support level at 0.33. The chance of a genuine volume breakout above 0.36 is only 11%—which is why I don't recommend chasing at the current price.
Let me share my judgment. The current price at 0.35 is in a very awkward position—neither up nor down. If I want to go long, I need to see a volume-confirmed close above 0.36 on the 4-hour chart for a true breakout; if it falls below 0.33, it indicates the short-term structure is broken, and I might consider turning bearish. The risk-reward ratio for entering now is less than 1:1, so the risk isn't worth it.
Therefore, my choice is to stay on the sidelines. Wait for clearer signals before taking action—either break above 0.36 to go long or fall below 0.33 to go short. Although this trading discipline seems conservative, it will lead to more stable long-term success.