Let's break down the #AVAX đ
đ 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 $33 and we show a small reaction from it. Also the price shows accumulation of volumes, and it happens when big capital starts to gain its position.
đ In the near future I expect the continuation of movement in this sidewall to growth and removal of the upper liquidity pool in the neighborhood of 40$
đI plan to enter the deal from the current (33-32$).
đThe stop loss will be at ($29)
â First takeout ($36)
â Second 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.
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