Hello Traders!
AVAX is moving in a local uptrend, pushing the $98 resistance level several times. The price is testing the MA100 on the daily timeframe.
A "Rising Triangle" pattern has been formed on the chart, an upward exit from which shows a potential rise to the resistance level of $135.50
Looking for purchases is possible near the current price values of $74 - $82
Closing the deal using stop loss is reasonable in case the price goes lower than the level of $64
The targets will be price levels of
$125,00
$135,50
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
AVAX is moving in a local uptrend, pushing the $98 resistance level several times. The price is testing the MA100 on the daily timeframe.
A "Rising Triangle" pattern has been formed on the chart, an upward exit from which shows a potential rise to the resistance level of $135.50
Looking for purchases is possible near the current price values of $74 - $82
Closing the deal using stop loss is reasonable in case the price goes lower than the level of $64
The targets will be price levels of
$125,00
$135,50
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.