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AVAXUSDT
Long Entry 35.0400 2025-09-23 16:25 UTC
Target 100.0000 Fail 26.8000
Risk/Reward 1 : 8
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AVAXUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analyst discusses Fed Chair Powell's remarks and their potential impact on the markets, mentioning that during the last FOMC meeting, there was a 25 basis point cut with a 96% probability. Now is important looking if Powell will be hawkish or dovish. He points out that quantitative tightening is still active but nowhere near quantitative easing. The index price is at 112628.6. Two altcoins, ASTER is up 14.1% and MNT up 11.4%. For BTC-USDT there is key support trendline at 111983 and resistance at 117500. Then they look at the AVAX graph which is in bull flag. And it is seen going over 100 this cycle.
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