A lot of charts are starting to show some bullish signs and AVAX appears to be one of them.
This is a daily chart and money flow is DEEP in the red with seriously heavy divergence forming on the wave trend oscillator.
Current trading plan is a long entry with a 1-4% stop loss area. First target is the immediate local unbroken high at 9.60 approximately 10% higher than the current price.
Second target will be a 50% retrace from swing high to swing low into a previous fair value gap at 11.75 for a 33% gain.
Trade Well.......
This is a daily chart and money flow is DEEP in the red with seriously heavy divergence forming on the wave trend oscillator.
Current trading plan is a long entry with a 1-4% stop loss area. First target is the immediate local unbroken high at 9.60 approximately 10% higher than the current price.
Second target will be a 50% retrace from swing high to swing low into a previous fair value gap at 11.75 for a 33% gain.
Trade Well.......
Comment:
This certainly hit target
