Avax 20.50 is key Risk of 50% correction still
Not financial advice
20.50 is key to have on 3 day closes here or we still run the risk of another 50% downside from here.
Falling wedge pattern.
So you have a few options.
Buy on breakout of falling wedge and cluster around 24-27 range.
2. Buy now and play long game 1 yr plus to see once we recover to retest these local highs.
Option 3
Wait and watch and buy the breakout at higher prices.
I've highlighted 10-14 as target zone if we lose 20.50 range on 3 day closes.
No support under 20 in all reality
20.50 is key to have on 3 day closes here or we still run the risk of another 50% downside from here.
Falling wedge pattern.
So you have a few options.
Buy on breakout of falling wedge and cluster around 24-27 range.
2. Buy now and play long game 1 yr plus to see once we recover to retest these local highs.
Option 3
Wait and watch and buy the breakout at higher prices.
I've highlighted 10-14 as target zone if we lose 20.50 range on 3 day closes.
No support under 20 in all reality
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.