Popular EVM compatible coin AVAX 
AVAXUSDT has been forming a bullish pennant on the 12 hour timeframe. Recently a number of AVAX based meme coins have done well seemingly in response to AVAX coin’s performance.
According to data from coin gecko.com, the price of Avax has risen by 37.9% in the last 30 days and is up 228% over the last one year. Still this coin is down 55.7% from it’ all time high and a return to this valuation would be a 122% gain in price.
Wait for a bullish breakout from this pennant or a breakout plus retest to confidently trade this upwards with an initial or short term target just above $85. Happy Trading!
If you found this trade idea helpful in anyway kindly support my work by leaving a thumbs up, boost and/or sharing this post with your Crypto bros. To make sure you’re one of the first to get notified when I share a new trade idea, consider following my account. Happy Trading!
AVAXUSDT has been forming a bullish pennant on the 12 hour timeframe. Recently a number of AVAX based meme coins have done well seemingly in response to AVAX coin’s performance.According to data from coin gecko.com, the price of Avax has risen by 37.9% in the last 30 days and is up 228% over the last one year. Still this coin is down 55.7% from it’ all time high and a return to this valuation would be a 122% gain in price.
Wait for a bullish breakout from this pennant or a breakout plus retest to confidently trade this upwards with an initial or short term target just above $85. Happy Trading!
If you found this trade idea helpful in anyway kindly support my work by leaving a thumbs up, boost and/or sharing this post with your Crypto bros. To make sure you’re one of the first to get notified when I share a new trade idea, consider following my account. Happy Trading!
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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.
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.