Hi Realistic Traders, let's delve into the technical analysis of BINANCE:AVAXUSDT
AVAXUSDT is currently demonstrating a robust bullish trend, asserting its strength above the EMA90 line. This trend is poised to persist as the price surpasses the upper trendline of the bullish flag pattern, supported by a notable increase in trading volume. Additionally, the bullish crossover indicated by the MACD Indicator further solidifies the positive momentum in the market.
With these indicators aligning, there is a favorable outlook for continued price appreciation towards our designated target. Investors can anticipate a rewarding trajectory ahead, guided by these insightful market dynamics.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Avalanche."
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Breakout of Base Pattern on H4 timeframe, in line with our prediction :D
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BINANCE:AVAXUSDT is moving in line with the projected pullback zone, We believe it will continue its bullish pattern :D
Trade closed: target reached
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Target 1 Reached, Yippie after waiting for so long
Trade closed: target reached
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Second Target Done, Over 20% Upside Potential just like the title