๐ Avalanche(AVAX) give you a chance: where to open a long?
Hi friends! Another altcoin make a pullback and give you the opportunity to open a nice long.
โ AVALANCHE is close to the biggest value area which become the huge support if BTC fall to $17500. As you all know the alts follow BTC.
Now the price consolidate inside the triangle and broke it down woth high possibilitty. This is your chance to enter the long. ๐ Preconditions to open a long:
๐ฅ false breakout of the triangle or test the huge support area of $15.6-17
๐ฅ squeeze to the upper trenline
๐ฅ volume growth which confirms the pressence of buyer
๐ฅ bullish BTC
๐ฉ Additionall precondition for me will be the HUGE buy orders of the whales. They appear when the price reach the huge support levels like this. I prefer to open the trade in the same direction with the big players.
๐ The targets:
1. $20.49 -the key level and even number.
2. $23-25 - the value area and HUGE resistance. I thimk after such big accumulation it will be easilly broken.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
โ AVALANCHE is close to the biggest value area which become the huge support if BTC fall to $17500. As you all know the alts follow BTC.
Now the price consolidate inside the triangle and broke it down woth high possibilitty. This is your chance to enter the long. ๐ Preconditions to open a long:
๐ฅ false breakout of the triangle or test the huge support area of $15.6-17
๐ฅ squeeze to the upper trenline
๐ฅ volume growth which confirms the pressence of buyer
๐ฅ bullish BTC
๐ฉ Additionall precondition for me will be the HUGE buy orders of the whales. They appear when the price reach the huge support levels like this. I prefer to open the trade in the same direction with the big players.
๐ The targets:
1. $20.49 -the key level and even number.
2. $23-25 - the value area and HUGE resistance. I thimk after such big accumulation it will be easilly broken.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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