Long

Lingrid | AVAXUSDT potential RANGE Breakout

market has formed a double bottom on the daily timeframe and has been moving sideways below the psychological level of 40.00. Recently, the price rebounded from the channel border, suggesting a potential upward movement since the market has undergone a 38% correction from its previous high. I anticipate a breakout from the current consolidation zone, with the price possibly moving toward the channel border. My goal is the resistance zone around 45.50

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Lingrid

📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org

Also on:

Lingrid

Also on:

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.