AVAXUSDT is maybe truncated zigzag
In big picture of AVAXUSDT is possible to be truncated zigzag
.
Confirm by price is breakout at 38.2% (38.39$)
.
Target price minimum is 80% (53.59$)
.
But has strong resistance at 61.8%
.
Now in TF 4h indicator Sto is already overbought
TD sequential is counting to 5 in TF 4H and count 7 in TF day
.
Strategy: waiting for buy at support around 28.4$
Target price: 53.59$
Stoploss 23.8$
.
Confirm by price is breakout at 38.2% (38.39$)
.
Target price minimum is 80% (53.59$)
.
But has strong resistance at 61.8%
.
Now in TF 4h indicator Sto is already overbought
TD sequential is counting to 5 in TF 4H and count 7 in TF day
.
Strategy: waiting for buy at support around 28.4$
Target price: 53.59$
Stoploss 23.8$
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