CViewsTH

Avax: Watch the potential retest.

Long
BINANCE:AVAXUSDT   AVAX / TetherUS
I've been watching how to see how AVAX reacts to the range here. We're now back above the 21 week EMA after finding strong support at the weekly order block.

If Bitcoin has a retracement of some form it is always good to have entry plans for some good charts.


AVAX is one the coins I have turned to look at, it has quite an interesting chart will a potential market structure break possibly coming in the near future. However you choose to play it, there should be a few good scenarios to make a profit. If AVAX gets to my entries and I'm happy with Bitcoin's PA I will most likely look to enter positions at these levels.

As we have bounced off the same weekly support level three times and formed an order block there, I'm looking to enter on a retracement.


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.