Before anything else, pay attention to the timeframe this analysis is based on the 12 hour timeframe, and it requires time to play out.
Also, keep in mind that you should always wait for confirmation before taking any long or short positions.
From the point marked as “start” on the chart, it appears that a bullish phase has begun for AVAX. So far, the first three waves of this phase can be identified.
At the moment, it looks like we are in wave b of B.
We are looking for buy/long positions in the green zone.
The targets are marked on the chart, and it is reasonable to expect the price to reach at least the second target.
A daily candle close below the invalidation level would invalidate this analysis.
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think AVAX is bearish or bullish?
Also, keep in mind that you should always wait for confirmation before taking any long or short positions.
From the point marked as “start” on the chart, it appears that a bullish phase has begun for AVAX. So far, the first three waves of this phase can be identified.
At the moment, it looks like we are in wave b of B.
We are looking for buy/long positions in the green zone.
The targets are marked on the chart, and it is reasonable to expect the price to reach at least the second target.
A daily candle close below the invalidation level would invalidate this analysis.
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think AVAX is bearish or bullish?
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💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.