Avalanche
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AVAXUSD (1W) - buy the dip

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Hi treaders,

Here it is my idea for a long position on AVAXUSD (1 week time frame).
the price hit a local high in March 2024 and another one in November 2024, now is in a resistance area and the price can goes down. The idea is to enter in the buy area hoping for a bounce up in the support area. The best would be if the price will hit the SMA in the buy area and use it as a support too. The buy area is between 37.49 and 33.18.
We will put our take profit at 58.66 which was the local high in March 2024 and can act as a resistance in the future, the second take profit is more above, at 98.25.

Good luck!
עסקה פעילה
AVAX exiting the buy zone. Probably the last chance to load up on cheap AVAX before the alt season starts. Don't miss it out

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