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
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
