Avax is currently at 42.68 signaling a bullish continuation divergence, looking to retest previous high at 50 dollars, may possibly go higher to 59 dollar. Good position for swing trade.
Note
AVAX went above our first target but failed to hold at 50 dollars. We see a higher high and higher lows which means the trend is intact plus a double continuation divergence. We will see a second retest on 50 dollars and probably hit the 2nd target this time.Note
Breached 50 dollars for the second timeNote
Inverted head and shoulder continuation signal on AVAX 1Hr chart. Targets 56 and 59.
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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.