AVAX on the 4th wave it seems, it would ideally terminate around just below $60 and it might be ready for the 5th wave afterwards.
4h chart with a oversold momentum would be a good indicator for the 4th wave ending
4h chart with a oversold momentum would be a good indicator for the 4th wave ending
Trade active
support is activated, lets see if this one holds..Trade active
$52 was a crucial support and we even tested below that. looks ready for action, stochastic showing oversold. a lowest wick towards $49 would be fine aswell. It just needs a reversal candle print and bots will jump onboard
Note
out of channel and channel acted as resistance which is not a good sign. be carefulNote
ok we are good :) lets pumpNote
blue trendline acting as a resist. lets break it and head towards that target pleaseTrade closed manually
the pattern failed. I will post another idea for the current pattern forming later price is at the same value since the idea entry
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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.