Long until clearly broken with revisit ~85% of the top and then decline
As the graph shows, the falling channel line was broken and the rejection took place. It can be expected to be an upward movement is not investment advice.
After a "W" formation we usually have a retest of the neckline! You can monitor the price action there and ensure that the rewards of a long outweigh its risks! Then you're good to go!
BUY AVAUSDT - TAKE PROFIT AROUND 7,5+ USDT
My Analysis on AVA on 1HR time frame. Not a Financial Advice
YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i...
AVAUSDT - Long - Potential 14.97% Entry- 2.9598 TP1- 3.1593 TP2- 3.4163 SL- 2.6836 - Trigger - Volume - BTC - Alts Recovering - Manage Trade As BTC Rejection Possible - RR - 1.5 - Trailing Buy - 1% - Trailing Profit - 1% - Trailing Stop-Loss - no
Using the Modified Schiff to help map out current trend, nice momentum with the basic Pitchfork (not shown) and the modified Schiff showing a trading channel. If Modified Schiff trend channel breaks will switch to a tamer basic Pitchfork. Looks like there's a lot of room to grow.
entry: around 1.87 TP1: 2.007 TP2: 2.098 TP3: 2.165 TP4: 2.243 SL: 1.7548 Check my website for tutorials, examples and calls :) cry-pto-surf.com
This coin is creating a pattern for more upside. Look at the previous circles and study what happened next. As the pattern develops i will keep this idea updated, so like, comment, follow so you don't miss any update. Thank you.