$AVAX broke out from the 20-candle Donchian channel upward; volume sharply exceeded the average — clearly a long signal.
But if the overall market changes trend, even such a breakout can quickly pull back 🤔
🟢 Long (breakout above range) | Donchian Breakout
Entry: 11.1199 - 11.1644
Stop: 11.0176
Take profit: 11.293
RSI: n/a | Score: 90/100
R:R 1:1.2
Informational post, not a financial recommendation.
#AVAX #CryptoTrading
But if the overall market changes trend, even such a breakout can quickly pull back 🤔
🟢 Long (breakout above range) | Donchian Breakout
Entry: 11.1199 - 11.1644
Stop: 11.0176
Take profit: 11.293
RSI: n/a | Score: 90/100
R:R 1:1.2
Informational post, not a financial recommendation.
#AVAX #CryptoTrading
