Popular EVM compatible coin AVAX
AVAXUSDT
has been forming a bullish pennant on the 12 hour timeframe. Recently a number of AVAX based meme coins have done well seemingly in response to AVAX coin’s performance.
According to data from coin gecko.com, the price of Avax has risen by 37.9% in the last 30 days and is up 228% over the last one year. Still this coin is down 55.7% from it’ all time high and a return to this valuation would be a 122% gain in price.
Wait for a bullish breakout from this pennant or a breakout plus retest to confidently trade this upwards with an initial or short term target just above $85. Happy Trading!
If you found this trade idea helpful in anyway kindly support my work by leaving a thumbs up, boost and/or sharing this post with your Crypto bros. To make sure you’re one of the first to get notified when I share a new trade idea, consider following my account. Happy Trading!
AVAXUSDT
has been forming a bullish pennant on the 12 hour timeframe. Recently a number of AVAX based meme coins have done well seemingly in response to AVAX coin’s performance. According to data from coin gecko.com, the price of Avax has risen by 37.9% in the last 30 days and is up 228% over the last one year. Still this coin is down 55.7% from it’ all time high and a return to this valuation would be a 122% gain in price.
Wait for a bullish breakout from this pennant or a breakout plus retest to confidently trade this upwards with an initial or short term target just above $85. Happy Trading!
If you found this trade idea helpful in anyway kindly support my work by leaving a thumbs up, boost and/or sharing this post with your Crypto bros. To make sure you’re one of the first to get notified when I share a new trade idea, consider following my account. Happy Trading!
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t.me/theblueinvestor
✅️ PRICE ACTION COURSE:
theblueinvestor.com/courses
📈 PRIVATE COACHING:
theblueinvestor.com/coaching