AVAX / TetherUS
Long

AVAXUSD BUY/LONG NOW READ 19.00 - 70.00

588
TICKER CODE: AVAXUSDT
Company Name: AVA Labs
Industry: CryptoCurrency - Blockchain

Position Proposed: BUY

Technical Analysis
1. Large Falling Wedge (Completed and Retraced)
2. Fibonacci Retracement to reach 0.786 ( Silver Zone)
3. Area of Confluence with 1 Trendline, Horizontal Support and EMA 200
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range


Buy Entry: NOW ACTIVE (19.00) - Still able to enter but NOT at an optimal price and the market
may still test lower before the rise.

1st Partial Take Profit: 70.00 (End June - Early August 2021) - Note that I would consider Full Take Profit Here
2nd Partial Take Profit: 100.00 (End 2021)

Stop Loss: 12.00

Aviso legal

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