Avalanche (AVAX): Possible Sideways Between Resistance / 200EMA
Avanalche has bounced off 200EMA with sharp volume, where price has now reached the resistance zone, struggling to breakout from it!
We expect to see the price bounce in-between the resistance zone and 200EMA, where at one point, the price will be under pressure from both of those zones and we will see then the breakout or a breakdown.
Now this scenario would be perfect but if we somewhat see an early breakout form resistance, we will be looking for a successful re-test and then we might see new highs to form from there!!
Swallow Team
We expect to see the price bounce in-between the resistance zone and 200EMA, where at one point, the price will be under pressure from both of those zones and we will see then the breakout or a breakdown.
Now this scenario would be perfect but if we somewhat see an early breakout form resistance, we will be looking for a successful re-test and then we might see new highs to form from there!!
Swallow Team
交易結束：目標達成
Price did reach the 200EMA where we had a breakdown, which in total resulted in 35% movement
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Join our amazing team and be part of something bigger.
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🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
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