avax analysis for my students
Elliot wave structures.
GO FOR WAVE 3
it wave 1 of 3
TP OF WAVE 3: 198$ and 1300$
don't enter yet
after a 5 wave structure of A and a 3 wave structure B, it's possible for a sharp wave C.
for now, I'm waiting for 43.7K and if 40K break down, 37K is coming...
Check this out...
Perfect channel, good pattern
You can buy and hold it for 1 month,
Put your SL below 4.2
take a look at this coin. it can have a good movement
BTC has a new range area between 30 and 32.5K. for deeper correction it should break down 30K and for temporary wave up, it should break up 32.5K.
there is an important trend line witch not allow DOGE for new wave up.
you can see PRZ zones on chart, if price can touch them and react to it, it can continue it's uptrend.
BTC has a neutral movement between 30K and 35K. but due to it's recent pattern (blue one) it can go for 30 and 28K. trigger is crossing down 32500.
is it a wave 5 of A wave or it is a wave B. ether way BTC will have a major wave down.
triangle break out, wait for pull back
if break out and pullback, it can go down for 2200 and 1950
take a look at it
wait for break up and pullback
its in a up channel and trying to breakup trend lines
simple and easy
there is a 5 wave down for C wave and it can end in 26 and 20$. if price broke the PRZ zone, other supports can push it up (green line and box)
buy scenario: after crossing up the first static line (orange one at 40$) and pullback to it.
it seems there is a 5 wave structure an known as A wave. its possible for a 3 wave Up for B wave.
possible movement by yellow line.
wait for pullback and then enter. TP on chart.
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