Hello Traders 🐺
In this idea, I want to give you a trade setup for AVAX, which in my opinion is one of the best coins out there. Also, this W pattern looks very healthy, so let’s dive into it:
As I previously talked about the macro view of AVAX and the massive triangle where price is unfolding and accumulating energy for the breakout, today I want to give you a quick update about what is actually tradeable right now.
As you might know, the W pattern is one of the most tradable patterns out there. When price breaks above the neckline and closes above it, by using Fibonacci tools we can measure the price target of the pattern. Most of the time, the 1.618 ratio gives us a target — in this case, around 50% gain!
Make sure to act accordingly.
🐺 KIU_COIN 🐺
In this idea, I want to give you a trade setup for AVAX, which in my opinion is one of the best coins out there. Also, this W pattern looks very healthy, so let’s dive into it:
As I previously talked about the macro view of AVAX and the massive triangle where price is unfolding and accumulating energy for the breakout, today I want to give you a quick update about what is actually tradeable right now.
As you might know, the W pattern is one of the most tradable patterns out there. When price breaks above the neckline and closes above it, by using Fibonacci tools we can measure the price target of the pattern. Most of the time, the 1.618 ratio gives us a target — in this case, around 50% gain!
Make sure to act accordingly.
🐺 KIU_COIN 🐺
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.