Avalanche Perpetual Futures
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AVAX.Usdt (Y22.P1.E3).Go long

161
Hi All,

Perfect bump and run structure and we just had a retest on the lead in trend line.
Once we pass this 618 resistance, up it goes to the fib ext. of 1 or near about.

We will likely see a consolidation under this resistance and it would surprise me we break out soon.
It is obviously a strong resistance as in the past.

How to trade this, look for smaller time frames for an entry.
For now, I'm looking at this level on the 4 hr chart for some sort of bull flag
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#AVAX #Avalanche

All the best,

S.SAri

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