AVAX has been trading within a large range, with buyers and sellers repeatedly respecting its major support and resistance zones. 📊
Now, price is approaching the lower boundary of the range, which also aligns with a key demand zone.
📌 As long as this support continues to hold, we will be looking for buy setups, anticipating another bullish rotation toward the upper boundary of the range.
Trading ranges often provide some of the highest-probability opportunities when price reaches their extremes. Instead of chasing the middle of the range, we will wait for bullish price action confirmation around support before considering long positions.
Will buyers defend this demand zone once again, or will sellers finally force a breakdown? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Now, price is approaching the lower boundary of the range, which also aligns with a key demand zone.
📌 As long as this support continues to hold, we will be looking for buy setups, anticipating another bullish rotation toward the upper boundary of the range.
Trading ranges often provide some of the highest-probability opportunities when price reaches their extremes. Instead of chasing the middle of the range, we will wait for bullish price action confirmation around support before considering long positions.
Will buyers defend this demand zone once again, or will sellers finally force a breakdown? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📊I help you turn charts into a career
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theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.