#AVAX/USDT 8h (ByBit) Falling wedge near breakout

Avalanche is trying to regain 50MA support, if does so a leg-up towards 200MA would make sense.

⚡️⚡️ #AVAX/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Breakout (Long)
Leverage: Isolated (4.8X)
Amount: 5.0%

Current Price:
10.045

Entry Targets:
1) 10.265

Take-Profit Targets:
1) 11.985

Stop Targets:
1) 9.405

Published By: @TradingOn

AVAX AVAXUSDT.P #Avalanche

Risk/Reward= 1:2.0
Expected Profit= +80.4%
Possible Loss= -40.2%

Order cancelled:

ByBit USDT
#AVAX/USDT Cancelled ❌
Stop reached before breakout

AVAX hasn't broken out yet, good thing we did not front run it!