Lingrid | AVAXUSDT long from SUPPORT level

The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:AVAXUSDT has pulled back towards the support level after being rejected at the resistance zone around 30. On the daily chart, we can see that the market has reached a demand zone, which suggests that the price may be poised for a potential reversal. Additionally, we can see that price action is forming an inverse head and shoulder pattern. Given this setup, I expect the price to potentially drop slightly before bouncing back up to the channel border. My expectation is that the price will retest the midpoint of this range zone before resuming the bullish momentum. My goal is the resistance zone around 30.


https://www.tradingview.com/chart/AVAXUSDT/sklKwf9F-Lingrid-AVAXUSDT-breakout-of-CHANNEL-Possible-SHORT/ />
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻


http://dlvr.it/T95mMB