DOT / TetherUSLong
Might be a good long idea
This trading view idea proposes a long position in AVAX, the native token of the Avalanche blockchain network. The idea is based on the observation that AVAX has respected a strong daily support level twice in the recent past, indicating a potential price floor.
Furthermore, the idea takes into account the possibility of a BTC reversal, which could lead to a positive movement in altcoins like AVAX. Given these factors, the idea suggests that now may be a good time to consider a long position in AVAX for potential profits in the mid term.
Furthermore, the idea takes into account the possibility of a BTC reversal, which could lead to a positive movement in altcoins like AVAX. Given these factors, the idea suggests that now may be a good time to consider a long position in AVAX for potential profits in the mid term.
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.