📢 $AVAX / USDT | 🟢 LONG | ⭐ 70%
🎯 Goal: $10.972. Does it achieve it?
🎯 Trading levels:
🟢 Entry: $10.675
🛑 Stop Loss: $10.51
🏁 TP1: $10.972
🏁 TP2: $11.137
🏁 TP3: $11.335
📈 Analysis:
The asset shows a bullish structure with higher highs and higher lows on the 4-hour timeframe, supported by a recent breakout of resistance. Trading volume is 89.5% above its average, indicating renewed interest from buyers. In addition, open interest has increased by 4.7%, suggesting that participants are positioning themselves for this market move.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 Open interest represents the total number of derivatives contracts that have not yet been settled, while volume reflects the amount of assets exchanged during a given period.
#crypto #AVAX #trading #Bullish
💡 This analysis is educational and does not constitute financial advice. Do your own research and decide calmly.
🎯 Goal: $10.972. Does it achieve it?
🎯 Trading levels:
🟢 Entry: $10.675
🛑 Stop Loss: $10.51
🏁 TP1: $10.972
🏁 TP2: $11.137
🏁 TP3: $11.335
📈 Analysis:
The asset shows a bullish structure with higher highs and higher lows on the 4-hour timeframe, supported by a recent breakout of resistance. Trading volume is 89.5% above its average, indicating renewed interest from buyers. In addition, open interest has increased by 4.7%, suggesting that participants are positioning themselves for this market move.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 Open interest represents the total number of derivatives contracts that have not yet been settled, while volume reflects the amount of assets exchanged during a given period.
#crypto #AVAX #trading #Bullish
💡 This analysis is educational and does not constitute financial advice. Do your own research and decide calmly.
