AVA / TetherUSLong
AVA/USDT { TRAVALA.COM } - BULLISH SETUP
ANALYSIS 🔎
- AVA/USDT is consolidating in a symmetrical triangle pattern .
- Price is testing the symmetrical triangle's inclined support.
- The market could bounce from this support zone if we have a relatively high buyers concentration.
BUY ENTRY ⬆️
- Aggressive entry: current market price.
- Conservative entry: breakout above the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Symmetrical triangle's inclined resistance.
- Horizontal resistance level (@5.400).
- Horizontal resistance level (@6.468).
- Fibonacci extension level 1.0 (@8.157).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
- AVA/USDT is consolidating in a symmetrical triangle pattern .
- Price is testing the symmetrical triangle's inclined support.
- The market could bounce from this support zone if we have a relatively high buyers concentration.
BUY ENTRY ⬆️
- Aggressive entry: current market price.
- Conservative entry: breakout above the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Symmetrical triangle's inclined resistance.
- Horizontal resistance level (@5.400).
- Horizontal resistance level (@6.468).
- Fibonacci extension level 1.0 (@8.157).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
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