Lingrid | AVAXUSDT pullback and CONTINUATION

The price perfectly fulfilled my previous idea. It hit the target level. AVAXUSDT has recently extended its upward movement, successfully breaking through the key level at $40. On the daily timeframe, we can see that the market has finally broken out of the range zone that had been in place for a month. Furthermore, the daily candle formed a strong bullish signal, indicating a significant buildup of bullish pressure. I believe that the market is finally transitioning out of its accumulation phase and is likely to lead to an upward move towards higher prices. In this scenario, I expect a classic pullback and continuation pattern to play out. My goal is the resistance zone around 44.50.


Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩‍💻