FieryTrading

πŸ”₯ AVAX Double Bottom Bullish Reversal

Long
BINANCE:AVAXUSDT   AVAX / TetherUS
During the last two sell-offs of Bitcoin , AVAX has produced a clear double bottom pattern. With today's strong bullish sentiment across the crypto universe, I'm confident that AVAX (and other cryptos for that manner) will see more bullish movement in the near future.

First, I'm expecting AVAX to reverse around 31.5, since it has been seeing such a strong increase lately. After this small reversal, I'm expecting a strong bounce around the 28.50 resistance. Wait for this reversal before trading.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!
Please like, subscribe and comment.

βœ…2021 result: +228% per week

πŸ† Free channels: https://taplink.cc/fierytrading πŸ†

πŸ”₯ Premium channel: Entry, Stops & Targets - https://www.fierytrading.com/ πŸ”₯

πŸš€ Automatic copy trading supported πŸš€

Comments

already in the green-zone. nailed it.
+1 Reply
FieryTrading ProjectSyndicate
Reply
good job here and thanks for sharing it
+1 Reply
FieryTrading MMBTtrader
@MMBTtrader thank you friendπŸ™
Reply
is this trade still valid? it seems the spike today is not the intended target
Reply
lets GOOO!!!!
Reply
FieryTrading Trading2ez
@Trading2ez, πŸš€πŸš€πŸš€
Reply
i get 50% Profit
Entry: 30.33
Leverage: 10X
TP: 31.85
But on Paper!!!!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out