Technical analysis by cherif100 about Symbol AVAX: Buy recommendation (9/29/2024)

#AVAX #LONGTERM #MONTHLY"On the monthly timeframe, the coin is bouncing off the main support at $20. I also believe that the monthly candle close will be an engulfing candle.Main target: $100 to $250.The $500 target is a major goal that may or may not happen under certain conditions and significant market news."STOP LOSS : 17$ "The recommended holding period for the coin is 6 to 9 months."