Avax; Recovery not over yet?
Dear readers,
Avax is currently finding some support after at the 50% fib retracement levels. Some bullish divergence building up on the stochastics, as we're nearing the top of the channel. If the 50 is to be broken south, i would not be surprised to see a pull back all the way down to between a 61 and 78 retracement, touching the trendline that has been formed starting beginning of Jan. I'd be more than happy to enter a long position at those levels
Avax is currently finding some support after at the 50% fib retracement levels. Some bullish divergence building up on the stochastics, as we're nearing the top of the channel. If the 50 is to be broken south, i would not be surprised to see a pull back all the way down to between a 61 and 78 retracement, touching the trendline that has been formed starting beginning of Jan. I'd be more than happy to enter a long position at those levels
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