Mis à jour

Avalanche teasing an inverse head and shoulder breakout

Waiting to see where the current candle closes. Seeing priceaction flip the 1day 50ma (in orange) to support would make me more confident of the breakout. If breakout confirms target should be around $28.

Note

We can see price action has retested the neckline and confirmed support so far upon retest.

Note

Just recently broke well above the 1 day 50ma. Maintaining it as solid support should ensure we head to the breakout target soon after.

Note

Avalanche has been taking its sweet time reaching the target, but I have a feeling it will reach it in the next few daily candles.

Note

Only $3 from the target.

Note

We have reached 27. Only 1 dollar shy of the target..should get there soon.

Note

Target hit!

DrDovetail

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.

DrDovetail