Technical Analysis (AVAX/USDT – 4H )
- Current Price: $20.45 (+1.49%)
- Support Zone: $19.20 - $20.36 (Highlighted in green)
- Resistance & Target Area: $25.88 - $25.95
- Market Structure: AVAX is testing a key demand zone after a recent downtrend. A bullish reaction from this area could signal a potential reversal towards the target zone.
- Trade Setup:
- Entry Zone: Current price range ($20.36 - $20.45)
- Stop Loss: Below $18.51
- Take Profit: $25.88 - $25.95
A successful bounce from support could confirm a bullish move. However, a break below $19.20 may lead to further downside pressure.
If you enjoy, press the like button.
- Current Price: $20.45 (+1.49%)
- Support Zone: $19.20 - $20.36 (Highlighted in green)
- Resistance & Target Area: $25.88 - $25.95
- Market Structure: AVAX is testing a key demand zone after a recent downtrend. A bullish reaction from this area could signal a potential reversal towards the target zone.
- Trade Setup:
- Entry Zone: Current price range ($20.36 - $20.45)
- Stop Loss: Below $18.51
- Take Profit: $25.88 - $25.95
A successful bounce from support could confirm a bullish move. However, a break below $19.20 may lead to further downside pressure.
If you enjoy, press the like button.
Trade active
Note
Our trades are still running in good profit, we are holding trades for big move.Trade closed: target reached
200 pips+ profit booked.
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Disclaimer
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.
💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
Related publications
Disclaimer
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.