Breaking through a clear resistance level presents an excellent trading opportunity, especially when we’re potentially on the verge of altcoin season.
Buying the AVAX breakout offers a risk-to-reward ratio with downside risk below 10% and potential upside returns approaching 40% if the chart pattern target is achieved.
Buying the AVAX breakout offers a risk-to-reward ratio with downside risk below 10% and potential upside returns approaching 40% if the chart pattern target is achieved.
Trade active
There we go!!! A pullback to the support is another opportunity for you to join the rally.Trade closed: target reached
The price arrived exactly at the projected price by the pattern as you can see in the green arrow.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⚡ Trading is not about luck or patience. Is about skills and knowledge. ⚡
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.