TICKER CODE: AVAXUSDT
Company Name: AVA Labs
Industry: CryptoCurrency - Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Falling Wedge (Completed and Retraced)
2. Fibonacci Retracement to reach 0.786 ( Silver Zone)
3. Area of Confluence with 1 Trendline, Horizontal Support and EMA 200
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range
Buy Entry: NOW ACTIVE (19.00) - Still able to enter but NOT at an optimal price and the market
may still test lower before the rise.
1st Partial Take Profit: 70.00 (End June - Early August 2021) - Note that I would consider Full Take Profit Here
2nd Partial Take Profit: 100.00 (End 2021)
Stop Loss: 12.00
Company Name: AVA Labs
Industry: CryptoCurrency - Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Falling Wedge (Completed and Retraced)
2. Fibonacci Retracement to reach 0.786 ( Silver Zone)
3. Area of Confluence with 1 Trendline, Horizontal Support and EMA 200
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range
Buy Entry: NOW ACTIVE (19.00) - Still able to enter but NOT at an optimal price and the market
may still test lower before the rise.
1st Partial Take Profit: 70.00 (End June - Early August 2021) - Note that I would consider Full Take Profit Here
2nd Partial Take Profit: 100.00 (End 2021)
Stop Loss: 12.00
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.
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.