AVAXUSDT: Precision in Progress!
💡 Detailed Plan & Levels:
• Entry Zone: $42.5 (Upon Confirmation)
• Stop-Loss (SL): $37.989 (Risk Managed!)
• Target 1 (TP1): $54.5 (First Take-Profit Zone)
• Target 2 (TP2): $62.5 (Extended Target)
📈 Key Insights:
• Trendline Resistance still holding strong, waiting for a breakout to enter safely.
• Volume Profile currently low – critical to wait for a spike to confirm market interest.
• Consolidation Phase in play – positioning at the right moment ensures reduced risk and higher reward.
• Momentum Indicators like RSI & MACD showing potential reversal zones.
📊 Multi-Timeframe Analysis Says:
The larger trend supports bullish continuation IF momentum kicks in. Patience is key until confirmation signals align.
🚨 Reminder: Discipline beats FOMO! Let’s stick to the plan and execute only when the market validates our setup.
💬 What’s your perspective on this setup? Let’s discuss below!
Let me know if you’d like further refinements!
• Entry Zone: $42.5 (Upon Confirmation)
• Stop-Loss (SL): $37.989 (Risk Managed!)
• Target 1 (TP1): $54.5 (First Take-Profit Zone)
• Target 2 (TP2): $62.5 (Extended Target)
📈 Key Insights:
• Trendline Resistance still holding strong, waiting for a breakout to enter safely.
• Volume Profile currently low – critical to wait for a spike to confirm market interest.
• Consolidation Phase in play – positioning at the right moment ensures reduced risk and higher reward.
• Momentum Indicators like RSI & MACD showing potential reversal zones.
📊 Multi-Timeframe Analysis Says:
The larger trend supports bullish continuation IF momentum kicks in. Patience is key until confirmation signals align.
🚨 Reminder: Discipline beats FOMO! Let’s stick to the plan and execute only when the market validates our setup.
💬 What’s your perspective on this setup? Let’s discuss below!
Let me know if you’d like further refinements!
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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.