Hi friends! AVAX got reputational problems and are accused of fraud. Due to this many hodlers of this coin have already sold it out and price fall to the $16-18.5 value area.
I think with high possibility the price will go lower to the local lows, especially if this scenario for BTC will happen. In this case all alts will fall to their local lows.
๐ Preconditions to open a long: ๐ฅ fall to the $13.71 key level ๐ฅ volume growth which confirm the pressence of buyer ๐ฅ bullish BTC
๐ฉThe main thing is to find the support by the whales, where the price can make a reverse and pullback. If i will see the HUGE orders wall to BUY, I`ll also try to enter the trade with the whales.
๐ The targets: 1. $23-25 - value area 2. $30 - key level, long term target
๐ปFriends, press the "boost"๐ 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.