AVAX / TetherUS
Updated

AVAX buy/long setup (8H)

1283
From the point we marked on the chart, it seems that AVAX has started its correction.

An ABC pattern is nearing completion. The green zone is a fresh support level.

In this area, we can look for buy setups to enter a new pattern or wave D.

A daily candle closing below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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With the pump and hitting the red box, it dropped by more than 11%
snapshot

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