AVAXUSDT PullBack Continuation| Daily S/R| Price Action| Trend
Evening Traders,
Today’s analysis – AVAXUSDT – trading in an up-trend, a pull back needs to hold to confirm a bullish retest,
Points to consider
- Daily S/R Support
- .618 Fiboancci Confleunce
- VAL Support
- Order Block Support
AVAXUSDT’s immediate price action is trading in an uptrend towards higher resistance, a pull back into support confluence area will allow for a bullish bias.
The immediate objective will be the overall Daily Range high where a rejection is probable for a larger trading range.
Price action is to be used upon discretion/ management, invalidation is multiple candle closes below the trading range.
Hope this analysis helps,
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.”
― Yvan Byeajee,
Today’s analysis – AVAXUSDT – trading in an up-trend, a pull back needs to hold to confirm a bullish retest,
Points to consider
- Daily S/R Support
- .618 Fiboancci Confleunce
- VAL Support
- Order Block Support
AVAXUSDT’s immediate price action is trading in an uptrend towards higher resistance, a pull back into support confluence area will allow for a bullish bias.
The immediate objective will be the overall Daily Range high where a rejection is probable for a larger trading range.
Price action is to be used upon discretion/ management, invalidation is multiple candle closes below the trading range.
Hope this analysis helps,
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.”
― Yvan Byeajee,