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CryptoNiche
Feb 17, 2024 10:02 AM
Ascending Triangle on Avalance: Bull or Bear?
Long
CRYPTO:AVAXUSD
1D
Avalanche
CRYPTO
Description
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Feb 17, 2024 10:02 AM
There is a formation of a bullish pattern on
BINANCE:AVAXUSDT
, and it looks so pretty enough for the bulls.
However, there will be an unlock event on the 21st of February, this may present an opportunity to buy Avax before it leaves the train station.
I am going to make a purchase here, then I will DCA when I see it at a cheaper price.
May the bulls be with you.
This is my analysis, if you have a contrary idea, feel free to share it with me in the comment box.
If this analysis makes sense to you, follow me now and support my idea.
Cheers!
Trade active
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Feb 17, 2024 10:17 AM
Let's see how far it will go.
Trend Lines
Multiple Time Frame Analysis
Triangle
Comments
CryptoNiche
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Mar 19, 2024 6:51 AM
It is going fine actually
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