AVAXUSDT Price Action Buy Setup
Check the charts :
An analyst standpoint, there is a chance that the crypto market seems to be making a correction as sell-side delta has accumulated heavily and we might be due to seeing a short squeeze soon.
Avax looks to be heading down to the bullish trendline area I am looking at those Fibonacci levels as a potential entry but also be aware price may manipulate the daily trendline to take out buy stops and move up.
Entry: 19.30 to 21.10
Stop: Close 4h under 16.30
TP1: 29.80 to 30.90
TP2: 41.30 to 44. 40
Check the setup personally (NFA).
Trade active: Adding two more entries area of concerns
18.50
17.00
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