Avalanche teasing an inverse head and shoulder breakout
Waiting to see where the current candle closes. Seeing priceaction flip the 1day 50ma (in orange) to support would make me more confident of the breakout. If breakout confirms target should be around $28.
Not
We can see price action has retested the neckline and confirmed support so far upon retest.
Not
Just recently broke well above the 1 day 50ma. Maintaining it as solid support should ensure we head to the breakout target soon after.
Not
Avalanche has been taking its sweet time reaching the target, but I have a feeling it will reach it in the next few daily candles.
Not
Only $3 from the target.
Not
We have reached 27. Only 1 dollar shy of the target..should get there soon.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.