Will AVAX break out the level 0.618 ?

In AVAXUSDT 4h

It tried to break the Resistance but fail.

The price went down and look for support again .
If the support completed that can make right shoulder of the potential double bottom .
If it can break out the neckline (62.11) and brealish channel
*the neckline is so close to level 0.618,
so use level 0.618 is ok



This is just a trading plan ,it has not happened yet !!!


SL: The right shoulder

TP1:79.8
TP2:92.74
TP3:97.97
TP4:109.20
TP5:127.37




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Comment:

It retest level 0.5 and we go a candlestick with long lower shadow .
Let's wait for pattern completed!