AVAXUSDT 1D Medium-term trade - our target $30

13 jul 2022

We are already forming a series of ideas on the AVAXUSDT trading pair.
We published the last of them a week ago.

During the week, our assumptions are confirming that the AVAXUSDT trading pair is currently consolidating with a set of long positions. The trading delta shows the superiority of purchases over sales in the period from 06/26 to 07/13
Also, for almost a month, the Avax price has been consolidating above the critical support level above $15.

Such input data for Avalanche token price gives the right to enter a medium-term trade:
Entrance $16.50
Stop $14.54 (-12%)
TP1 (50% position) - $26.74 (+62%)
TP2 (50% position) - $29.94 (+82%)
P/L ratio 7/1

Fixing the AVAXUSD price below 15 dollars paves the way for the price to fall to the region of 12 dollars.

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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)

8 ago 2022

Operación cerrada: objetivo alcanzado

TP1 and TP2 reached +72% profit on position