In AVAXUSDT 4h
It tried to break the Resistance but fail.
The price went down and look for support again .
If the support completed that can make right shoulder of the potential double bottom .
If it can break out the neckline (62.11) and brealish channel
*the neckline is so close to level 0.618,
so use level 0.618 is ok
This is just a trading plan ,it has not happened yet !!!
SL: The right shoulder
TP1:79.8
TP2:92.74
TP3:97.97
TP4:109.20
TP5:127.37
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
It tried to break the Resistance but fail.
The price went down and look for support again .
If the support completed that can make right shoulder of the potential double bottom .
If it can break out the neckline (62.11) and brealish channel
*the neckline is so close to level 0.618,
so use level 0.618 is ok
This is just a trading plan ,it has not happened yet !!!
SL: The right shoulder
TP1:79.8
TP2:92.74
TP3:97.97
TP4:109.20
TP5:127.37
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
Note
It retest level 0.5 and we go a candlestick with long lower shadow .
Let's wait for pattern completed!
Bybit Sign up: reurl.cc/5qRreq
Telegram 聊天群
t.me/cryptorextalk
Discord:
discord.gg/E5ffrbK9j7
過去的技術分析影片 Youtube channel
reurl.cc/vDrADA
Telegram 聊天群
t.me/cryptorextalk
Discord:
discord.gg/E5ffrbK9j7
過去的技術分析影片 Youtube channel
reurl.cc/vDrADA
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.
Bybit Sign up: reurl.cc/5qRreq
Telegram 聊天群
t.me/cryptorextalk
Discord:
discord.gg/E5ffrbK9j7
過去的技術分析影片 Youtube channel
reurl.cc/vDrADA
Telegram 聊天群
t.me/cryptorextalk
Discord:
discord.gg/E5ffrbK9j7
過去的技術分析影片 Youtube channel
reurl.cc/vDrADA
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.