AVAX Falling Wedge!

AVAXUSDT is sitting in an aggressive wedge with prices being squeezed.

I've got this post as a long as the price action leans towards that direction.
Price is at previous area of value and with bullish divergence.
> Waiting for buying pressure.

Remember, this AVAXUSDT chart even though is sitting in a possible bullish wedge will be
dragged around by BTCUSDT so you must have plan A / plan B scenarios planned for.

You can refer to my BTC idea here: tinyurl.com/4fzast29

On a possible fake out of this level, this will provide bullish ideas in line with the falling wedge.
So the Bulls really need to hold this level (zone) to avoid further downside.

Bearish ideas could have potential targets to 12.03 levels.

Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.

If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.

Comment:

AVAXUSDT got drug down by BTC and my potential Head and Shoulders idea of BTC can still potentially engage. But when you start to use BTC as an indicator - THE GAME CHANGES!

I talked about potential targets to 12.03 ... look at the chart and smile if you took this approach.

Let me know if you find these ideas and updates useful!