We can see the purple trendline acting as resistance here, if AVAX manage to break above $50 and close above it, then we go long to $66. On the other hand we might visit $40 or $30 before we bounce and break that purple resistance. Lets see what happens
Entry above $50 Stop loss $40
TP1 54
TP2 55
TP3 58
TP4 61
TP5 64
TP6 66
These are just speculations you can take my advice or technical overview with a pinch of salt. You are welcome to comment to discuss further. Let me know your thoughts.
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