Technical analysis by AlmaClub about Symbol AVAX: Buy recommendation (4/3/2024)

AVAX completed a 3-wave pullback on the 4H timeframe.Entering long at 45.50, a confluence of:50% retracement of the 27-65 swing100% Fibonacci extension (y=w, log scale)Targets:T1: 52.50T2: 85-90 areaStop-Loss: 35.20Risk: 1%R:R: +2Trade Update:- Moving SL for the entire position at 43.90 (almost risk free) - T1 adjusted to 51.60