In my previous AVAX analysis I argued that it was expected that AVAX made a push towards the top of the channel. That trade in particular was a great success!
For now, it appears that AVAX is showing signs of consolidation near the top of the channel. This consolidation phase could result in either a bullish break out or a bearish reversal, highly influenced by Bitcoin's behaviour of course.
In case of a bullish break out, wait for the break out to actually happen before entering a trade.
Happy trading!
For now, it appears that AVAX is showing signs of consolidation near the top of the channel. This consolidation phase could result in either a bullish break out or a bearish reversal, highly influenced by Bitcoin's behaviour of course.
In case of a bullish break out, wait for the break out to actually happen before entering a trade.
Happy trading!
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.