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Technical analysis by C_L_Y about Symbol AVAX: Buy recommendation (5/22/2024)

https://sahmeto.com/message/1859833
C_L_Y
C_L_Y
Rank: 5871
1.6
Buy،Technical،C_L_Y

By looking at 1D, we can see that AVAX was in Consolidate Area from 13/4 - 20/5The Top and Bottom of the Consolidation Area is label with ORANGE line.Finally, Avax has breakout the resistance of consolidation area.Long Plan:Entry 1 : 39.45 (Resistance become support) 50%Entry 2 : 37.65 (Theoretically, This is where price could form a Higher LOW, White line) 50%*I couldn't choose which entries is the best, so I pick BOTHCL : within the Consolidation Area, Below 37.2 (add 2-3% buffer)TP Zone : 47.63 - 50.74(4H Looks)Entry 1 hit, Entry 2 my limit didn't hit (will continue limit there). (4H) (1H)MY SL was hit by the wick. Somehow, my long position still exist.ibb.co/z8rs5kwThis time really stop out ya

Translated from: English
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Signal Type: Buy
Price at Publish Time:
$39.7
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