🎯AVAX: the buyers are here! Are they ready to pump the price?

٩ يونيو ٢٠٢٢

Avalanche is going to break the trendline.

📊Why is long possible:
1. you can see lot`s of buyers at the volume indicator. At least 3 times they hold the price and push it up. The value area of $23-25 become a strong support for the price.
2. AVAX in going to return to the $26.6-27.8 value area. For the 3rd time price try to break this level, so it`s highly possible because it shows the buyer presure.
3. trendline squeese is the additional confirmation for the breakout.

🚩Targets:
🔶1. $26.6-28 - closest value area and resistance for the price, but this area with 3rd test became weaker and weaker
🔶2. $32-34 - huge value area

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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.