Avalanche Perpetual Futures
Updated

avax swing~

350
looks like avax is gearing up for a little move,
potentially for wave C of an a-b-c.

it's possible this is also a 1-2 as well, in which case it would go a lot higher than what i have projected on my chart.

the burgundy 100% extension is the target for this trade,
a safe exit is at the green -0.236
(if it pushes to the yellow 1.618, expect a larger move to the upside).
Trade closed manually

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.