AVAX / TetherUS
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#AVAX/USDT : The Calm Before the Squeeze Storm

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#AVAX

The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.

We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.

There is a key support zone in green at 12.80. The price has bounced from this zone multiple times and is expected to bounce again.

We have a trend towards stability above the 100-period moving average, as we are moving close to it, which supports the upward movement.

Entry price: 13.22
First target: 13.38
Second target: 13.74
Third target: 14.11

Don't forget a simple principle: money management.

Place your stop-loss below the support zone in green.

For any questions, please leave a comment.

Thank you.
トレード終了: 利益確定目標に到達
スナップショット
#AVAX
First target: 13.38 Reached
Second target: 13.74 Reached
Third target: 14.11 Reached

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