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AVAXUSD

AVAXUSDT - Great timing for entry!BYBIT:AVAXUSDT 4H trend chart - AVAX is consolidating in a descending wedge after hit the support zone. Now it has broken the downtrend line, if price can be keeping here, trading strategy as below. - Profit Targets: a) 69.18----Fib(1) b) 73.51~75.26---Fib(1.272~1.382) c) 79.01-----Fib(1.618) Stop losses: a) 61.94-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading
Long
by EthanTW
2
AVAX - potential trade ❗❗AVAX is near its trend line. Additionally, we see a squeeze, which is a good signal for a breakout and continuation of the rise. Good buying opportunity will be after a breakdown or retest of the trend line as support. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
9
Will AVAX break out the level 0.618 ?In AVAXUSDT 4h It tried to break the Resistance but fail. The price went down and look for support again . If the support completed that can make right shoulder of the potential double bottom . If it can break out the neckline (62.11) and brealish channel *the neckline is so close to level 0.618, so use level 0.618 is ok This is just a trading plan ,it has not happened yet !!! SL: The right shoulder TP1:79.8 TP2:92.74 TP3:97.97 TP4:109.20 TP5:127.37 If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
by Rex_yang