AVAX / TetherUSDiupdate AVAX buy/long setup (8H)
From the point we marked on the chart, it seems that AVAX has started its correction.
An ABC pattern is nearing completion. The green zone is a fresh support level.
In this area, we can look for buy setups to enter a new pattern or wave D.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
An ABC pattern is nearing completion. The green zone is a fresh support level.
In this area, we can look for buy setups to enter a new pattern or wave D.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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