AVAX 1D Where can we buy safely and then sell profitably?Today we have AVAXUSDT — another trading pair in our analysis, voted for under our "Bitcoin Weekend #17" idea.
AVAXUSDT price showed a gorgeous 500% growth in less than a month, almost reaching ATH
We congratulate all traders and investors, who at least managed to get out of the drawdown, if they bought on the previous growth wave and did not have time to fix it in time, and at maximum — they made good profit on such a strong growth movement.
What are we waiting for next — you ask, correction — we will answer).
And from the depth of the correction and the volumes, where it will take place, it will be easier for us to determine who is stronger at this moment: the buyers or sellers.
If the sellers aggressively buy from the range of $38-40 and do not let the price go lower, then you can expect an update of the absolute maximum of AVAX in the near future, and after that you can aim for growth up to $140.
If the correction will be delayed in time and depth, then we can forget about a quick rise in the pair AVAXUSD for 1-2 months. However, there is also a plus here, longer accumulation of positions by buyers will give them more time to rest and gain strength for the next upward movement.
Accordingly, the successful purchase of AVAXUSD in the area of $19-2 4 can in time increase your deposit by x10 times, because the target for profit taking in such a trading situation may be in the area of $200-215
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