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🕊 Wish y'all have a profitable lifestyle 🍀
📌 AVAX /USDT DAILY CHART
📌 PRICE ACTION - E-WAVE ANALYSIS - FIBO
📍 AVAXUSDT is looking bullish and it has managed to recover not only its downfall but also it has managed to hit and break its ATH, unlike many other coins.
✍🏼 From E-wave perspective, I am not really sure if the latest wave is the 5th wave itself (from the first wave) or is it just the 5th wave of the 3rd; both are valid !
✍🏼 It also does not matter that much; for both scenarios we have confirmations of a growth!
✍🏼 From price action point of view, the price has touched and had a pullback to the middle-line of the parallel-channel which can be a bullish sign!
⚠️ However, the price is stuck in a resistance zone, if it manages to break this zone I think that AVAXUSDT ought to see the upper targets.
Thanks for reading this TA
If you enjoyed reading this, I would appreciate it to let me know by clicking the LIKE button 👍🏼
🧐 ASK ME IF YOU GOT ANY PROBLEM AND OR QUESTION ABOUT THE CHART OR MY TA 🧐
⚠️ THIS IS NOT A FINANCIAL ADVICE, I HAVE ONLY SHARED MY THOUGHTS 🙌🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 AVAX /USDT DAILY CHART
📌 PRICE ACTION - E-WAVE ANALYSIS - FIBO
📍 AVAXUSDT is looking bullish and it has managed to recover not only its downfall but also it has managed to hit and break its ATH, unlike many other coins.
✍🏼 From E-wave perspective, I am not really sure if the latest wave is the 5th wave itself (from the first wave) or is it just the 5th wave of the 3rd; both are valid !
✍🏼 It also does not matter that much; for both scenarios we have confirmations of a growth!
✍🏼 From price action point of view, the price has touched and had a pullback to the middle-line of the parallel-channel which can be a bullish sign!
⚠️ However, the price is stuck in a resistance zone, if it manages to break this zone I think that AVAXUSDT ought to see the upper targets.
Thanks for reading this TA
If you enjoyed reading this, I would appreciate it to let me know by clicking the LIKE button 👍🏼
🧐 ASK ME IF YOU GOT ANY PROBLEM AND OR QUESTION ABOUT THE CHART OR MY TA 🧐
⚠️ THIS IS NOT A FINANCIAL ADVICE, I HAVE ONLY SHARED MY THOUGHTS 🙌🏽
Dagangan aktif
The price has pullbacked to its ATH and the middle of the parallel channel. If it could range in this area it would still be worthy to take a LONG position.
If it drops from here, LONGing is not a great idea!
Have a nice day
Dagangan ditutup: hentian tercapai
Dagangan aktif
98.0$ price incomingNota
First - Second Target reached successfully
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.