Avax Double Bottom
Look like 
AVAX is creating a double bottom on the daily candles.A double bottom, also known as a W-Pattern (for its W-shape), is a bullishly biased pattern.
The target of a W-pattern breakout is as big as the pattern itself. My TP for this pattern is $26,23 (Looking at the past, this is also an important resistance zone forAVAX).
All still depends on what BTC will do. Bullish until proven otherwise. Will stay updating if something happens.
AVAX is creating a double bottom on the daily candles.A double bottom, also known as a W-Pattern (for its W-shape), is a bullishly biased pattern. The target of a W-pattern breakout is as big as the pattern itself. My TP for this pattern is $26,23 (Looking at the past, this is also an important resistance zone for
AVAX).All still depends on what BTC will do. Bullish until proven otherwise. Will stay updating if something happens.
Note
Still holding, so the pattern is still valid.Ordre annulé
Unvalidated
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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.