Avalanche Analyze (Short term, Timeframe 4H, 12/05/2022)!!!

By pejman_zwin
Updated

Avalanche was able to reach the resistance zone by zigzag correction.

The sign of the end of the zigzag correction is the creation of two Shooting Star Candlestick Patterns in the resistance zone.

I expect Avalanche will go down at least until the support zone after breaking the uptrend line.

Avalanche Analyze (AVAXUSDT) Timeframe 4h⏰ (Log Scale).

Do not forget to put Stop loss for your positions (For every position that you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

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Trade closed: target reached
avalancheavalancheusdtavaxAVAXBTCAVAXBUSDAVAXUSDAVAXUSDTBTCUSDBTCUSDTCandlestick AnalysisFibonacciSupport and Resistance
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