I see a potential bullish pattern forming in AVAX, an inverse head and shoulders. The measured move would put this around $210 or so and would be a huge massive pattern spanning several months, giving it a high chance of a large movement. This could always fail and invalidate (the last analysis on avax did), so be prepared especially given market volatility with ukraine/russia and interest rates with the fed.
Do your own research, this is not financial advice.
Do your own research, this is not financial advice.
Trade closed: stop reached
invalidated Inverse head and shoulders.Disclaimer
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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.