AVAXUSDT rising wedgeThe price has formed a rising wedge. We are expecting that the price will break into the downside. We are looking for a retracement to a 50% fib zone of the Fibonacci extension.
Target: 58.44
Entry: 102.77
S&L: 115.66
Vf_investment
CQP's Ascending Triangle spotted!CQP's stock is in a period of consolidation since the pandemic's burst out in early March last year. Since then, it has been forming an ascending triangle pattern, making higher-lows and same-level highs.
The next few weeks, the price will break the upper resistance and start moving upwards, in a possibly strong uptrend.
The setup presented on the snapshot is one of low-risk and high-reward.
This is my technical view and not a recommendation to trade.
Feel free to give your likes or comments to the idea, as they will encourage me to continue this.
