This is my favorite style of swing trade, a token or stock that has proven hype and momentum, a correction down, allowing time for a standard fib retrace to be drawn. Then, another formation of a momentum trend line, we are testing the golden fib here which is bullish, it could take a few attempts to push through. 33 cents short term, new all-time highs medium term. I expect avalanche gaming tokens to push very hard in this coming cycle.
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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.