got a feeling avax is in a bullish 1-2 setup here.
>reason being, it retraced from the recent highs of $146 in a 3 wave move (a-b-c).
>wave c was 123.60% of wave a, and landed perfectly into the larger local golden zone at about $76.
>look how it's dipping relative to everything else, super high demand + signs of accumulation.
i'll share my longer term avax count later this week if this upward move is confirmed.
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looking to take this from around $84~>$121 for a sub-wave 3 swing.
slightly higher risk on this trade, due to this unique setup in a sea of endless chop.
previous avax posts
👇
>reason being, it retraced from the recent highs of $146 in a 3 wave move (a-b-c).
>wave c was 123.60% of wave a, and landed perfectly into the larger local golden zone at about $76.
>look how it's dipping relative to everything else, super high demand + signs of accumulation.
i'll share my longer term avax count later this week if this upward move is confirmed.
----
looking to take this from around $84~>$121 for a sub-wave 3 swing.
slightly higher risk on this trade, due to this unique setup in a sea of endless chop.
previous avax posts
👇
Trade closed manually
Trade active
back inNote
might raid the lows again, expect it if it comes ~Trade active
Doubled my long term holdings here.Trade closed manually
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i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
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.