📊 Avalanche(AVAX) give you a chance: where to open a long?
Hi friends! Another altcoin make a pullback and give you the opportunity to open a nice long.
✅AVALANCHE is close to the biggest value area which become the huge support if BTC fall to $17500. As you all know the alts follow BTC.
Now the price consolidate inside the triangle and broke it down woth high possibilitty. This is your chance to enter the long. 📊 Preconditions to open a long:
🔥 false breakout of the triangle or test the huge support area of $15.6-17
🔥 squeeze to the upper trenline
🔥 volume growth which confirms the pressence of buyer
🔥 bullish BTC
🚩 Additionall precondition for me will be the HUGE buy orders of the whales. They appear when the price reach the huge support levels like this. I prefer to open the trade in the same direction with the big players.
📊 The targets:
1. $20.49 -the key level and even number.
2. $23-25 - the value area and HUGE resistance. I thimk after such big accumulation it will be easilly broken.
💻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.
✅AVALANCHE is close to the biggest value area which become the huge support if BTC fall to $17500. As you all know the alts follow BTC.
Now the price consolidate inside the triangle and broke it down woth high possibilitty. This is your chance to enter the long. 📊 Preconditions to open a long:
🔥 false breakout of the triangle or test the huge support area of $15.6-17
🔥 squeeze to the upper trenline
🔥 volume growth which confirms the pressence of buyer
🔥 bullish BTC
🚩 Additionall precondition for me will be the HUGE buy orders of the whales. They appear when the price reach the huge support levels like this. I prefer to open the trade in the same direction with the big players.
📊 The targets:
1. $20.49 -the key level and even number.
2. $23-25 - the value area and HUGE resistance. I thimk after such big accumulation it will be easilly broken.
💻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.
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