✧ Avax / Usdt ready for the move?
After forming and breaking out of a small falling wedge Pa has hit targets and is now at resistance
Pa could be considered to be in a Cup&Handle reversal formation while inside a ascending triangle,
-While both are bullish formations there has not been a market structure break by making a HTF BOS and until it does your best entry is to buy the lower trendline support of the triangle
-Momentum is slowing down and divergent on this last high
‣If the BOS occurs then looks for a retest confirmation entry with targets to daily and fib resistance ($107-$111) and or weekly level ($128)
Pa could be considered to be in a Cup&Handle reversal formation while inside a ascending triangle,
-While both are bullish formations there has not been a market structure break by making a HTF BOS and until it does your best entry is to buy the lower trendline support of the triangle
-Momentum is slowing down and divergent on this last high
‣If the BOS occurs then looks for a retest confirmation entry with targets to daily and fib resistance ($107-$111) and or weekly level ($128)
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