AVAXUSDT Technical analysis update
AVAXUSDT is forming an ascending triangle in the middle of an uptrend. The price is currently moving towards the triangle's resistance, with the 100 EMA acting as support at the triangle's bottom on the 4-hour chart. Once a breakout occurs, a strong bullish move can be expected in AVAX.
Buy Level: Above $37.00
Stop Loss: 33.00
AVAXUSDT is forming an ascending triangle in the middle of an uptrend. The price is currently moving towards the triangle's resistance, with the 100 EMA acting as support at the triangle's bottom on the 4-hour chart. Once a breakout occurs, a strong bullish move can be expected in AVAX.
Buy Level: Above $37.00
Stop Loss: 33.00
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🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.