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

By looking at 1D, we can see that AVAX was in Consolidate Area from 13/4 - 20/5 The 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 BOTH CL : 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