TICKER CODE: AVAXUSDT
Company Name: AVA Labs
Industry: CryptoCurrency - Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Falling Wedge (Completed and Retraced)
2. Fibonacci Retracement to reach 0.786 ( Silver Zone)
3. Area of Confluence with 1 Trendline, Horizontal Support and EMA 200
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range
Buy Entry: NOW ACTIVE (19.00) - Still able to enter but NOT at an optimal price and the market
may still test lower before the rise.
1st Partial Take Profit: 70.00 (End June - Early August 2021) - Note that I would consider Full Take Profit Here
2nd Partial Take Profit: 100.00 (End 2021)
Stop Loss: 12.00
Company Name: AVA Labs
Industry: CryptoCurrency - Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Falling Wedge (Completed and Retraced)
2. Fibonacci Retracement to reach 0.786 ( Silver Zone)
3. Area of Confluence with 1 Trendline, Horizontal Support and EMA 200
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range
Buy Entry: NOW ACTIVE (19.00) - Still able to enter but NOT at an optimal price and the market
may still test lower before the rise.
1st Partial Take Profit: 70.00 (End June - Early August 2021) - Note that I would consider Full Take Profit Here
2nd Partial Take Profit: 100.00 (End 2021)
Stop Loss: 12.00