AVAX has been trading in a bearish channel since it hit its all time high a week ago.
Today, it confidently broke out of said channel, following Bitcoin's bullish move.
At the moment, Bitcoin is experiencing a small bearish correction. AVAX, on the other hand, appears to be unaffected by said correction. This leads me to believe that this break-out will continue to produce bullish price action in the coming days.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
Today, it confidently broke out of said channel, following Bitcoin's bullish move.
At the moment, Bitcoin is experiencing a small bearish correction. AVAX, on the other hand, appears to be unaffected by said correction. This leads me to believe that this break-out will continue to produce bullish price action in the coming days.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.