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ShadowPlayer
Dec 5, 2023 10:32 PM

AVAXUSDT - Quick chart Idea - Possible breakout to the upside Long

AVAX / TetherUSBinance

Description

Hi to all TV people, this is a quick chart idea. By looking it looks bullish.

I would trade only after a retest of this possible breakout. First need to break through resistance.

Upside target could fail only on a breakout on downside of this triangle.
Trade is a matter of probability, but it's safer to trade reacting on a price action not trying to anticipate patterns.

This is my idea, not financial advice. Always DYOR.



ShadowPlayer.

Trade active

Triangle broke out!

BOOM +11%

Trade active

Anything between 29$ and 32$ Is take profit zone, IMO.

Comment

Setup played beautifully in few days.
There's still room to reach 32$, IMO.

Comment

AVAX went way over 32$ and reached 34$.
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