AVAX / TetherUSLong
AVAX dipping into demand on uptrend
AVAX has been sipping off these demand zones like its going out of style. My last 3 4 hour demands were perfect supports. I drew a trend line that I believe will hold for a while assuming BTC behaves itself. AVAX was rejected by the .618 fib level and is looking to take another shot at that teal horizontal. I do like to see multiple supports converging and we have a triple here with 50ema,demand, and trend line all in same spot. I am still long here trading wise and investment wise. AVAX has been on my core large-cap list for years. I am also trading it on that bounce I showed the chart earlier.
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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.