Last time AVAX had a blood diamond on daily chart it pulled back to support trendline and rallied from there to all time highs. If the history repeat itself. we may have a great opportunity to add to our position at my buy zone with a tight stop to make sure we have a great risk reward set up.
I placed the previous price action pattern as a reference. if we deviate from it significantly in the coming days and hit the stop, the pattern is invalidated.