AVAXUSD is trading inside a Channel Up having formed a Golden Cross (1d) 6 weeks ago.
The RSI suggests that one last pullback is possible before a new 1 month rally starts.
Trading Plan:
1. Buy on the next pullback to the MA200 (1d).
Targets:
1. 25.00 (top of the Channel Up).
Tips:
1. The ideal buy entry would be when the RSI (1d) hits the 30.00 oversold level again.
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The RSI suggests that one last pullback is possible before a new 1 month rally starts.
Trading Plan:
1. Buy on the next pullback to the MA200 (1d).
Targets:
1. 25.00 (top of the Channel Up).
Tips:
1. The ideal buy entry would be when the RSI (1d) hits the 30.00 oversold level again.
Please like, follow and comment!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.