Around a week ago I made an analysis on AVAX. In this analysis I argued that AVAX broke out of the bearish wedge and was likely going down some more. I indicated the reversal area as a potential area of strong support.
As it appears now, AVAX has found support inside the reversal area. Two green days in a row have been printed thus far. If we can get a daily close above $60 in the coming days, I'm expecting the continuation of the bullish move from August.
First major target is at $75.
Happy trading!
As it appears now, AVAX has found support inside the reversal area. Two green days in a row have been printed thus far. If we can get a daily close above $60 in the coming days, I'm expecting the continuation of the bullish move from August.
First major target is at $75.
Happy trading!
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ðŊOfficial Channel: t.me/FieryTradingChannel
ðTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
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â Monster Signals: t.me/monster_cryptosignals
ðĨPremium Signals: fierytrading.com
āļāļēāļĢāļāļģāđāļŠāļāļāļāļĩāđāđāļāļĩāđāļĒāļ§āļāđāļāļ
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.