$AVAX Right angled & descending broadening formation
Looks like we might be getting a partial decline here which is typical after testing the top of the formation the first time. Need to see a clean break above that level to open things open to the top of the range at 29$.
TOTAL2 is developing a strcture just like like this, and across the market, most of these structures at least reach a . 618 retracement
Judging by the volume profile , it may have a little more room to run above that.
Ill be looking for a reaction at around 48-54 if we do make a move out of the range.
TOTAL2 is developing a strcture just like like this, and across the market, most of these structures at least reach a . 618 retracement
Judging by the volume profile , it may have a little more room to run above that.
Ill be looking for a reaction at around 48-54 if we do make a move out of the range.
discord.gg/2b6UjxEY
Join our free discord.
Join our free discord.
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.
discord.gg/2b6UjxEY
Join our free discord.
Join our free discord.
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.