Looks like Avax is currently printing a nice IHS with the neckline sitting around 28-29$.
If this pattern is going to play out we should see a right shoulder forming over the weekend, preferably slightly above the lowest point of the left shoulder, so around 26$ would be ideal. If you are planning to trade this you can place your stop just below 23$ as it should not get below this point (IF it's going to be an IHS that is).
Target should be around 35-36$.
Stay safe!
If this pattern is going to play out we should see a right shoulder forming over the weekend, preferably slightly above the lowest point of the left shoulder, so around 26$ would be ideal. If you are planning to trade this you can place your stop just below 23$ as it should not get below this point (IF it's going to be an IHS that is).
Target should be around 35-36$.
Stay safe!
Going to wait how the monday range is gooing to develop. 1-2 days of sideways is allowed. Could still drop to 26$ but less likely now. Target remains the same.