Avalanche (AVAX): Breakout Potential and Long Entry Setup

2024年3月4日

Timeframe: 1 Hour

Analysis:

AVAX is currently facing resistance at the $44.12 price level.
A breakout above this level could signal a bullish move towards the $56.40 target.
To confirm the breakout, traders should monitor the following:
BTC.D: If BTC.D is trending downwards and breaks below a support level, this could indicate a bullish trend for altcoins like AVAX.
Total2: A green candle on the Total2 indicator could further confirm a bullish move for AVAX.
Entry:
Consider entering a long position if AVAX closes a candle above $44.12.
Place a stop-loss order at $41.95.
Target the $56.40 price level.
Disclaimer:

This is not financial advice. Always do your own research before making any investment decisions.

2024年3月7日

註釋

It still has the potential of this movement, only the entry point is 44.34

2024年3月13日

交易結束：目標達成