Hello, Skyrexians!
Let's make an update on
AVAXUSDT the coin with the most clear Elliott waves structure. We have some changes since our last update.
Let's take a look at the weekly chart. We can count the growth from the bottom to the March 2024 top as the wave 1. After that we can see the flat correction ABC in the wave 2. The great sign that price has printed even 2 green dots on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] inside the Fibonacci 0.61 zone. We expect that for this asset correction is over and the next target is 1.61 extension for the wave 3. Now it's located at $105.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
Let's make an update on
AVAXUSDT the coin with the most clear Elliott waves structure. We have some changes since our last update.Let's take a look at the weekly chart. We can count the growth from the bottom to the March 2024 top as the wave 1. After that we can see the flat correction ABC in the wave 2. The great sign that price has printed even 2 green dots on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] inside the Fibonacci 0.61 zone. We expect that for this asset correction is over and the next target is 1.61 extension for the wave 3. Now it's located at $105.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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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.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.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.