Hi All,
Perfect bump and run structure and we just had a retest on the lead in trend line.
Once we pass this 618 resistance, up it goes to the fib ext. of 1 or near about.
We will likely see a consolidation under this resistance and it would surprise me we break out soon.
It is obviously a strong resistance as in the past.
How to trade this, look for smaller time frames for an entry.
For now, I'm looking at this level on the 4 hr chart for some sort of bull flag
#AVAX #Avalanche
All the best,
S.SAri
Perfect bump and run structure and we just had a retest on the lead in trend line.
Once we pass this 618 resistance, up it goes to the fib ext. of 1 or near about.
We will likely see a consolidation under this resistance and it would surprise me we break out soon.
It is obviously a strong resistance as in the past.
How to trade this, look for smaller time frames for an entry.
For now, I'm looking at this level on the 4 hr chart for some sort of bull flag
#AVAX #Avalanche
All the best,
S.SAri
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.