AVAX has reached the weekly support zone.
The structure is still bearish, but there is an expectation that enough buy orders exist in this area to create a bullish substructure.
One resistance base ahead of the price has already been consumed, and above that base, there is a liquidity pool that may get swept.
Targets are marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
invalidation level : 11.09$
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
The structure is still bearish, but there is an expectation that enough buy orders exist in this area to create a bullish substructure.
One resistance base ahead of the price has already been consumed, and above that base, there is a liquidity pool that may get swept.
Targets are marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
invalidation level : 11.09$
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
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🔥 See hot signals and top analyzes on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
