avax on daily chart forming a descending triangle (purple line) forming lower highs
but after crash price bounced back from major support area
23 JAN onwards the price created chart pattern of rising wedge
might breakdown again??
if yes the price might retest the support area again and then after might form a double bottom for bullish indication is so...
2nd scenario would be just going forward and taking resistance at purple line as of big pattern of triangle
but after crash price bounced back from major support area
23 JAN onwards the price created chart pattern of rising wedge
might breakdown again??
if yes the price might retest the support area again and then after might form a double bottom for bullish indication is so...
2nd scenario would be just going forward and taking resistance at purple line as of big pattern of triangle
Trade active:
buy at cmp and sl of 75 with target of round fig 100 and a psychological resistance with RR of 1.5