@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
32.07
Analysis
2632
Correct
844
Fail
1722
Pending
64
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
AVAXUSDT
Long Entry
24.4800
2025-09-06
16:46 UTC
Target
47.5000
Fail
12.4900
In 1 Months
Risk/Reward
1 : 2
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Final PnL
-48.98%
P/L: —
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The analysis focuses on AVAX on a weekly chart, currently priced at $24.11. The support area lies between $12.50 and $16.75, a zone where significant trading activity has historically occurred, confirmed by a volume profile indicator. The analyst identifies potential Fibonacci resistance levels at $28.90, $33.90, and $42.50, which could be areas of further upside. However, the analyst notes that AVAX shows short term weakness, but, on the short term, a breakout above $26.70 could signal a broader ABC corrective wave, and further upside to test the mentioned weekly trendline, estimating the $47 to $48 range.