AVAX / TetherUS
Long

AVAXUSDT: Accumulation Almost Done Now Time For Distribution

667
Dear Traders,

We hope you enjoyed a great weekend. Let’s focus on the AVAXUSDT crypto pair. It was trading around $40 but then dropped sharply as the crypto market crashed, reaching its lowest point. Looking at the weekly and daily timeframes, we can see the price accumulating in a consolidation pattern. However, we need strong volume to break through this current phase. If we see any significant movement and the price shows bullish signs, that could be a signal to enter a swing bullish position.

Good luck and trade safely. If you agree with our analysis, please like and comment on our ideas.

The Setupsfx_ Team

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.