FieryTrading

πŸ”₯ AVAX Bullish Channel: Reversal Area

Panjang
BINANCE:AVAXUSDT   AVAX / TetherUS
A while ago I made an analysis on AVAX and the bullish channel it was trading in.


As of the last two days, the conditions for a reversal have been met. The price is trading on the channel's support, combined with a relatively bullish BTC and SP500 this could lead to a strong reversal in the near future.

Wait for a big green candle to confirm the reversal. Risk-loving investors might consider entering now.

Targets set at the recent local low and ATH.

Happy trading!

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