AVAX / TetherUS

AVAX Analysis (3D)

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This analysis is an update of the analysis you see in the "Related publications" section

Before anything else, pay attention to the timeframe: it’s the 3-day timeframe.

The structure that AVAX is following is a large diametric, where wave F of this diametric is expected to end within the red-marked zone. After that, the price is anticipated to enter the bearish G wave.

Wave G could extend down to the main order block, which is the green-marked zone.

For both the bearish and bullish scenarios, the invalidation levels are marked on the chart. A daily candle closing above or below these levels will invalidate the respective outlook.

For risk management, please don't forget stop loss and capital management
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