AVAXUSDT Macro and Intermediate Analysis. Resistance and Support Areas
Should the 28k summer lows get breached and we gain acceptance below I would very much be interested in the 23k region for a macro wave 4 bottom which would lead us to make all time highs for the last and final 5th wave.
For the last 2 months BTC has been in a range from 33K to 45k. My high time frame view point is really dependent on which direction we break this range. I feel there could be a good opportunity for a potential shark harmonic I have been looking at, which at the moment remains rather speculative. The setup I'm going to discuss requires quite simple requirements...