Hi friends! As we can see at hte volume indicators, a lot of traders buy the dip at AVAX. I marked two arreas where long the positions were accumulated by whales. If the price return to this area, it will be supported bu the whales because they want to protect their buying price.
So, in this case we can expect the pullback with amazing entry point close to the $15.5-18 value area. If i will see the HUGE whales orders on the DOM and Footprint indicators, I open nice long with short stop loss and 1:8-10 RR.
📊 Preconditions to open a long:
🔥 pullback to the $15.5-18 value area
🔥 huge BUY orders on DOM and Footrpint
🔥 volume growth at the volume indicator which confirm the pressence of buyer
🔥 bullish BTC
🚩If BTC will fall to $19 500 - 20 000 area and will also be supported by the whales, it will be reversal point for all cryptocurrencies. In this case, all alts will make a huge PUMP.
📊 The targets are the key levels:
1. $31
2. $38
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.