AVAX broke out of the down trend line and I would expect it to reach the next resistance level which is where the take profit would be. The stop loss would be slightly below the last key support area as shown. On the D chart, we have a close of the candlestick above the trend line and is a confirmation of a breakout.
Hope this gives u an insight of where AVAX might be trading at soon.
Hope this gives u an insight of where AVAX might be trading at soon.
Note
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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.