AVAX just formed a bear-trap when it broke down to the $75 zone, so in the near future AVAX can rise sharply to the $100 and $120 zones. The $120 zone may not be the final target for AVAX as it can still break through with a Broadening Rising Wedge pattern. However, if AVAX loses the $75 zone, it will easily fall back to the $55 zone
đRED PLAN
â»ïžCondition : If 1-Day closes ABOVE 75$ zone
đŽBuy : 75
đŽSell : 85 - 100 - 120
đBLUE PLAN
â»ïžCondition : If 1-Day closes BELOW 75$ zone
đ”Sell : 75
đ”Buy : 65 - 55
âDetails
đRed Arrow : Main Direction as RED PLAN
đBlue Arrow : Back-Up Direction as BLUE PLAN
đ©Green zone : Support zone as BUY section
đ„Red zone : Resistance zone as SELL section