Technical analysis by weslad about Symbol AVA: Buy recommendation (3/30/2024)

Avausdt is exhibiting a potential rounding bottom pattern, which suggests a potential bullish reversal. Because of this, we anticipate the price to maintain its upward momentum, especially after achieving a higher high close from the local trendline restraining the price. Our strategy involves buying from the immediate buy back zone, while also keeping the very strong demand zone in mind in case of an unexpected dump. On the upside, the neckline poses as a significant resistance area that may prove challenging to breach. The final setup target and the mid term target, based on the rounding bottom pattern, is depicted on the chart. Your comment will be appreciatedTrade active: Price approach strong demand zone area, good for accumulation