$AVAX outlook -16.02.22
Analysis
Trade safe!
- Breaking beyond the yellow line nullifies this bias. A pullback is to follow, at least to the white line.
Pulling the fib retracement from the yellow line to the beginning of one confirms there is likely going to be a bounce to the area in question. - This is a short term outlook, and we might happen to be in a correction, in which case there we go beyond the red lines before going down.
Trade safe!
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.