xtremerider8

AVAX potential 2X play if pivot support/ma200 holds

Long
BINANCE:AVAXUSD   AVAX / US Dollar (calculated by TradingView)
1) ma200 bounce
2) pivot support 85 bounce
3) breakout descending triangle
4) break down 85 & ma200 support
Take your pick. which will be most probable?
AVAX seems to be forming a descending triangle .
Pivot support at 85 (also near projected ma200) Measured triangle breakout targets 165(almost 2x)
Pls correct me if my analysis is wrong.
pls do own analysis befrore trade.

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