Let's break down the #AVAX ๐
๐ The asset after the spill, as well as all coins in general started trading in a local sideways between two levels. Yesterday we tested locally the support zone around $33 and we show a small reaction from it. Also the price shows accumulation of volumes, and it happens when big capital starts to gain its position.
๐ In the near future I expect the continuation of movement in this sidewall to growth and removal of the upper liquidity pool in the neighborhood of 40$
๐ฆplan to enter the deal from the current (33-32$).
๐ฆThe stop loss will be at ($29)
๐First takeout ($36)
๐Second takeout ($41)
When the first takeiq is reached, stop loss is set to no loss. Reaching the second takeiq will be 23% of the net movement.
