๐Ÿ”ฅEASY MONEY ON AVAX: ENJOY THE CHANNEL TRADINGโ—

๐Ÿ”ฅHi friends! Avalance have the special pattern from the very beginning of it's listing on exchange. It trades in the channels more than any other altcoins that I have already seen. It's 5th GLOBAL channel for the last 2 years.

โ€จโ€จ๐Ÿ“Š The trading in channel is very simple. I recommend you to trade it in 3 ways:
๐Ÿ”ฅ the pullbacks after the test lower/upper boudary of the channel
๐Ÿ”ฅ the breakout of the channel after 5-6 test
๐Ÿ”ฅ the false breakout, when the price return inside the channel

โœ… These 3 methods is very usefull, especially for beginners. Such trading aproaches don't bring you a millions of $ in 2 month, but it's a big advantages to know how to use it. The most profitable are 1st and 3rd from my trading experience.

๐ŸšฉCurrent situation on crypto market is not clear. BTC make a pullback and possibly will go up, but AVAX squeezing to the lower boundary of the channel which is bearish signal.

Friends, as you already know, If BTC go up, all the alctoin follow it. So the same can heppen in this case too.

๐Ÿ“Š When BTC will go up, I have such targets for AVAX:
1. $14 - the key level
2. $16-17 - the upper boundary of the channel and local resistance
3. $20 - the key level and local high

๐Ÿšฉ Traders, do you find another channel that I don't marked? Share you screeenshots with the last channel in the comments!

Also if you want know more about the channels trading, let me know in the comments or DM.

๐Ÿ’ปFriends, press the "boost"๐Ÿš€ button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
avalancheavaxAVAXUSDTMultiple Time Frame AnalysisSupply and DemandSupport and Resistance

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