Hello,
In order to see a positive move on the AVAX/USD side, I’m waiting for either a green zone appearance on the AVAX/ETH pair or a monthly/weekly candle close within the triangle pattern.
Depending on how the market moves, if there's a dip below the green zone, we can look for potential support levels below.
The reason I'm focusing on the AVAX/ETH pair is to calculate the right timing when AVAX should start gaining strength against ETH, especially after a potential bull run in ETH.
In addition to this chart, I’ll also share the AVAX/BTC and AVAX.D charts. By analyzing them along with moving averages, I believe we’ll get a clearer view of the situation on the AVAX/USD side.
Wishing you profitable trades!
In order to see a positive move on the AVAX/USD side, I’m waiting for either a green zone appearance on the AVAX/ETH pair or a monthly/weekly candle close within the triangle pattern.
Depending on how the market moves, if there's a dip below the green zone, we can look for potential support levels below.
The reason I'm focusing on the AVAX/ETH pair is to calculate the right timing when AVAX should start gaining strength against ETH, especially after a potential bull run in ETH.
In addition to this chart, I’ll also share the AVAX/BTC and AVAX.D charts. By analyzing them along with moving averages, I believe we’ll get a clearer view of the situation on the AVAX/USD side.
Wishing you profitable trades!
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