AVAX is approaching a Genesis fib level at $36.85.
That major fib is backed with a local fib at $36.98.
So we watch $37 closely, for clues to the next move.
Rejection here could mark a new "lower high".
But a break should jump to red zone at 42.99-44.75.
So a break of $37 will be key to uptrend continuation.
Here is the full plot of AVAX Genesis Fib:
See the "related ideas" below for more info about my methodology.
That major fib is backed with a local fib at $36.98.
So we watch $37 closely, for clues to the next move.
Rejection here could mark a new "lower high".
But a break should jump to red zone at 42.99-44.75.
So a break of $37 will be key to uptrend continuation.
Here is the full plot of AVAX Genesis Fib:
See the "related ideas" below for more info about my methodology.
Komentarz:
Playing the fib zones PERFECTLY thus far
Zoom in (15 min) and adding a fib for last bounce: possible next target is $37.25
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Again threatening to break out Zoom in (15 min) and adding a fib for last bounce: possible next target is $37.25
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Komentarz:
$37.25 hit, the 15 min target from last post:
the local 4.236 was actually pierced, but pulling back. Watching the local 2.618 for first possible support.
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the local 4.236 was actually pierced, but pulling back. Watching the local 2.618 for first possible support.
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Komentarz:
local 2.618 doing its best to hold
But looking like its going to break.
Bulls got two good bounces already.
Probably the last chance here, "Strike Three"
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But looking like its going to break.
Bulls got two good bounces already.
Probably the last chance here, "Strike Three"
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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