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

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.