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 $55 zone
ðRED PLAN
âŧïļCondition : If 1-Day closes ABOVE 75$ zone
ðīBuy : 75
ðīSell : 85 - 100 - 120
ðBLUE PLAN
âŧïļCondition : If 1-Day closes BELOW 75$ zone
ðĩSell : 75
ðĩBuy : 65 - 55
âDetails
ðRed Arrow : Main Direction as RED PLAN
ðBlue Arrow : Back-Up Direction as BLUE PLAN
ðĐGreen zone : Support zone as BUY section
ðĨRed zone : Resistance zone as SELL section