AVAX / TetherUSAlış
#AVX AVAX holding onto this strong UT
A trading idea for the crypto space, to buy AVAXUSDT between $44 and $47, stop loss as a move under $43, with a target of $68.
If buying at current levels you are risking $4 to make potentially $21 so not a bad risk/reward on the trade. March the 5th highs at 44.36 were respected and held on the 5th of April, so i don't really want to see price below there, but i will give it space to 43 just so it doesn't wick us out. There was some decent volume traded under $43 so i think thats fine as a stop loss. On the upside the recent swing high at $50 needs to break which should then bring on some momentum to the upside.
If buying at current levels you are risking $4 to make potentially $21 so not a bad risk/reward on the trade. March the 5th highs at 44.36 were respected and held on the 5th of April, so i don't really want to see price below there, but i will give it space to 43 just so it doesn't wick us out. There was some decent volume traded under $43 so i think thats fine as a stop loss. On the upside the recent swing high at $50 needs to break which should then bring on some momentum to the upside.
"If you do what you love, you'll never work a day in your life" - Marc Anthony
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
"If you do what you love, you'll never work a day in your life" - Marc Anthony
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.