AVAXUSDT
AVAX is approaching an interesting level for a possible long providing a potential of about 40% upside gains.
However, since Bitcoin is sitting in a huge Head & Shoulders pattern, we must let our edge develop on lower time frames 4h to
look at entry triggers.
Should the Head & Shoulders activate, potential downside target to possible pullback zone is an idea.
Future markets open in about 3h 20m
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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Comment:
BTC
still in the Head & Shoulders but big move today to downside.
Buildup needs to breakdown for slide towards the downside. To see my idea on the
BTC
Head & Shoulders see this link:
tinyurl.com/4fzast29
AVAXUSDT
needs to see bulls step in for upside, otherwise we are looking for downside targets to possible pullback zone.
BTC
still in the Head & Shoulders but big move today to downside. Buildup needs to breakdown for slide towards the downside. To see my idea on the
BTC
Head & Shoulders see this link: tinyurl.com/4fzast29
AVAXUSDT
needs to see bulls step in for upside, otherwise we are looking for downside targets to possible pullback zone.
Otherwise look for play to area of value and re-assessment.