LONG #AVAXUSDT from $37.49 stop loss $37.235
1h TF. The coin has formed a local uptrend, squeezing the price lows along the trend in the form of a bullish triangle. The price is compressed near two resistance levels, behind each of which I expect to see accumulated liquidity, allowing the trend to continue.
I expect consolidation along the levels, an increase in volumes and the speed of the transaction tape in the order book before an impulse breakout.
1TP — 37,843
2TP — 38,255
3TP — 38,627