AvalancheZaktualizowano

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.
Uwaga
We can see price action has retested the neckline and confirmed support so far upon retest.
Uwaga
Just recently broke well above the 1 day 50ma. Maintaining it as solid support should ensure we head to the breakout target soon after.
Uwaga
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.
Uwaga
Only $3 from the target.
Uwaga
We have reached 27. Only 1 dollar shy of the target..should get there soon.
Uwaga
Target hit!

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