AVAXUSDT trade ideas
📉 $AVAXUSDT faced rejection at $39.92 and is now consolidating 📉 BINANCE:AVAXUSDT faced rejection at $39.92 and is now consolidating towards crucial support at $27.24. 🔄 Keep a keen eye during this consolidation phase. 📈 Anticipate potential bounce or breakthrough at the $27.24 level. Stay sharp! #AVAX #CryptoAnalysis 🚀
Avalanche (AVAX): Possible Touch To Lower ZonesAvalanche is trading inside a nice sideways tunnel, jumping from one side to another without any attempts to breakout or breakdown.
We are now looking for a possible touch to the lower side of the sideways tunnel, from where we will be looking for a potential buy-in!
Meanwhile, we see a good rejection from 100EMA and a possible good further movement to lower zones here, and even a potential breakdown as well!!!!
Swallow Team
📈🔍 AVAX Long Trade Analysis 🔄💼Trade Overview:
AVAX is potentially poised to break out of a level of resistance, offering an opportunity for a long spot trade.
Trade Setup:
Entry: Enter into a long spot trade at the break of the top of the range area of support of $35.75.
Take Profit: Target profit levels at $40.50 - $45.00 and the next resistance area at $50.00 - $53.00.
Stop Loss: Set the stop loss just below $34.00 to manage risk effectively.
📊🛡️ Exercise caution and closely monitor AVAX's price movement for trade management! #AVAXTrading #CryptoAnalysis 📉🚀
Avax long, looking strongAvax looking good!
Break of daily trend and a retest of the break could be a nice entry.
We also have support (and could see bounce) from 20 and 200 Moving average.
Avax is in a good position to starting a new wave.
With some help from BTC, this could be a killer entry.
Non financial advice - but for me, DCA or trade are both good options.
AVAXUSDT (1H) Long ThermThe information contained herein has been prepared for general information purposes only. The comments and recommendations contained herein are based on the personal opinions of commenters and advice givers. It should not be interpreted as a recommendation to buy or sell any investment instrument or a promise of return. These views may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results that meet your expectations.