AVAXUSDT : A possible play for a short term trade
Updated
The First Macro impulse wave started way down from USD 16 and led the token to 150USD.
The token lost steam and needed to be corrected...
It was done in a very short period of time and the price corrected to USD 85.
Since then it has been moving in a symmetrical triangle a breakout from which will lead the coin to a very possible and highly probable target of 171 to 191 USD.
****The Breakout and retest from the triangle will confirm the upward movement. Also, the breakout and retest are in line with the new micro impulse wave.
Let's see how it plays out.
The token lost steam and needed to be corrected...
It was done in a very short period of time and the price corrected to USD 85.
Since then it has been moving in a symmetrical triangle a breakout from which will lead the coin to a very possible and highly probable target of 171 to 191 USD.
****The Breakout and retest from the triangle will confirm the upward movement. Also, the breakout and retest are in line with the new micro impulse wave.
Let's see how it plays out.
Trade closed: stop reached
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