Probably, you are following Avalanche these days. today I decided to share my analysis about it, and How far can it grow?
Avalanche Analyze ( AVAXUSDT) Timeframe Daily⏰ (Log Scale)
Location🌊: from my view, Avalanche passed its Main wave 1 and Main Wave 2, and at this time it is moving on microwave 5 of microwave 1 of Main wave 3.
Where is the end of microwave 1 of Main wave 3?
I have two targets🎯 for the above question:
Target 1🎯: 139$-142$ (More possible)
Target 2🎯: 179$-200$
Target 1🎯 is more possible than target 2 because when we watch RSI at the daily time frame, RSI made Rising Wedge👇.
In addition Stochastic is near Resistance Zone, and I expect that we will see the end of the movement soon.👇
My Suggestion: if you want to have AVAX on your portfolio, please wait for correction.
Support Zone: 105$ unit 100$.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Avalanche Analyze ( AVAXUSDT) Timeframe Daily⏰ (Log Scale)
Location🌊: from my view, Avalanche passed its Main wave 1 and Main Wave 2, and at this time it is moving on microwave 5 of microwave 1 of Main wave 3.
Where is the end of microwave 1 of Main wave 3?
I have two targets🎯 for the above question:
Target 1🎯: 139$-142$ (More possible)
Target 2🎯: 179$-200$
Target 1🎯 is more possible than target 2 because when we watch RSI at the daily time frame, RSI made Rising Wedge👇.
In addition Stochastic is near Resistance Zone, and I expect that we will see the end of the movement soon.👇
My Suggestion: if you want to have AVAX on your portfolio, please wait for correction.
Support Zone: 105$ unit 100$.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Run as i expected✅😎
Timeframe Daily⏰