AVAX Analysis: Entry into Main Trend and Peak Expectation

AVAX is currently entering the main trend in the middle. If this is successful, I expect a strong peak after the second half of June. I want to highlight two important dates: June 21 and August 5.

As seen in the chart, AVAX is moving within a strong upward trend. Currently trading at 40.500, I foresee the possibility of AVAX moving towards the 148.000 levels. Closures above this level may indicate the continuation of the trend and pave the way for new peaks.

Key Levels to Watch:

• June 21, 2024: I expect significant price movement on this date. It is likely that the trend entry will be confirmed and the upward momentum will gain speed.
  
• August 5, 2024: During this period, a strong move towards the peak could occur.
  

If AVAX successfully enters this trend, we may see much higher levels in the remainder of the year. However, it is important to manage risks well and diversify your portfolio when investing.

Disclaimer:
This analysis is not intended as investment advice. You should make your investment decisions based on your own research. As cryptocurrency markets are highly volatile, always be cautious and prioritize risk management. The responsibility for investments made based on this analysis lies entirely with the investor.


Invest smart, stay safe.

Atilla Yurtseven