AVAXUSD trade ideas
Expecting a couple of more retests of $58 support lineAVAX price has been hovering around $60, having the 40-days moving average line as a support. I see another support line around $58, which I expect to be retested a couple of more times before it decides to break up or down the triangle.
It's my very first idea to publish. I'd appreciate any feedback :)
AVAX- Buy from support Hello,
Today the price has triggered my pending buy order on AVAX.
I sold 33% previously at the local high at $80 with the intentions of buying back between $57/$60.
My next sell target will be $100, again I will sell 33% with the intentions of buying back the 33% at new support at $80.
Good luck if you join.
$AVAX$AVAX is looking promising! If we use the past as our reference we see $AVAX started off breaking out of what could have been a cup and handle, then a consolidation period right back into another cup and handle and we are at the breakout point now. If the market changes direction the project will easily double from here and continue in my belief to about $300+/-.
Remember investing involves doing your own research. Never invest blindly. THIS IS NOT FINANCIAL ADVICE!
AVAX Bull Flag on 4H?First time spotting a Bull Flag.
AVAX stayed within the Parallel Channel for almost 4 days, if it doesn't break it's Long term Support (around $62) I expect price to retrace to $73.
MACD is flattening on a 4H chart, so keep an eye out for a Cross Up.
Resistance levels are marked R1-4.
FTX:AVAXPERP BINANCE:AVAXUSDTPERP
$100 AVAX? AVAX HAS JUICE FOR 1 MORE PUSHA quick analysis of AVAX. I do think $100 AREA is reachable here!(could be just under. Don't put your targets too high)
What do you guys think?
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Thanks in advance! There's many more to come.