good evening,
have a wolfish update on avax.
----
as some of you may know, this is my favorite project to date
i stake the projects underneath it, and am extremely bullish on the entire eco-system.
my longer term upside target for avax is at 22k (yes 22k).
----
so i have somewhat of a bullish alternative here to my last post-
there's a chance that the recent move up was a wave (1), and this little dip that we've seen over the last few days is a wave (2).
if this is indeed the case, then wave (3)'s upside target would sit at about $228 via that 1.618% extension.
conservatively, i'm only aiming for $165 on this trade (the 100% extension)
depending on the wave structure once we get closer to that area, i'll re-assess this idea & take it from there.
💸
have a wolfish update on avax.
----
as some of you may know, this is my favorite project to date
i stake the projects underneath it, and am extremely bullish on the entire eco-system.
my longer term upside target for avax is at 22k (yes 22k).
----
so i have somewhat of a bullish alternative here to my last post-
there's a chance that the recent move up was a wave (1), and this little dip that we've seen over the last few days is a wave (2).
if this is indeed the case, then wave (3)'s upside target would sit at about $228 via that 1.618% extension.
conservatively, i'm only aiming for $165 on this trade (the 100% extension)
depending on the wave structure once we get closer to that area, i'll re-assess this idea & take it from there.
💸
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potential fractal playing out ~
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