Avalanche teasing an inverse head and shoulder breakout

2022년 7월 7일

Waiting to see where the current candle closes. Seeing priceaction flip the 1day 50ma (in orange) to support would make me more confident of the breakout. If breakout confirms target should be around $28.

2022년 7월 17일

노트

We can see price action has retested the neckline and confirmed support so far upon retest.

2022년 7월 17일

노트

Just recently broke well above the 1 day 50ma. Maintaining it as solid support should ensure we head to the breakout target soon after.

2022년 7월 29일

노트

Avalanche has been taking its sweet time reaching the target, but I have a feeling it will reach it in the next few daily candles.

2022년 7월 29일

노트

Only $3 from the target.

2022년 8월 7일

노트

We have reached 27. Only 1 dollar shy of the target..should get there soon.

2022년 8월 7일

노트

Target hit!