Updated

$AVAX AVAX - 5 waves completed Cycle I ABC correction Cycle II

Can always go deeper or turn into a double correction (WXY) like BTC has.
can buy the dips in blue box extreme areas to accumulate or sell at 50back in 3 wave bounce.

NFA . DYOR.
Just sharing ideas. Feel free to leave comments, hit like to show support and if you manage to hit targets from these ideas, please let us know.
Tips are always welcomed :)

Thank you for viewing, sharing and safe trading to you all!

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few different ways to labels corrections as they can be complicated and complex to trade, establish targets or even label.

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I suspect this correction to turn into a deeper larger degree correction over the next few weeks and create a double correction with bounce of these lows before turning back lower.

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AVAX started 1st leg of final move down.
should get a bounce from wave (i) then resume downtrend from wave (ii).
looking for a FULL set of 5 waves to complete this correction

*some minor adjustments to the wave count were made, we adjust as candles print. Idea remains the same, targets remain in same area.

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Adjustment to AVAX wave count. We adjust once candles print. Same idea, same trend Lhs & LLs, still incomplete bearish sequence, targets are still within same range. We will get final target once wave 3 & 4 are in place.

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ADJUSTMENTS to wave count as usual after market provides the data.
Just improvements to what we already know.
Simple large degree ABC 5 wave correction.

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CryptoHolix

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