AVGO Weekly Analysis



The token is currently holding at the Kijun line (red) support level, creating an interesting ranging pattern. Price action is oscillating between two key log-scale Fibonacci levels: the 1.618 and 1.414 zones. This compression between these two Fib ratios suggests a potential setup worth monitoring for traders. The weekly timeframe consolidation at support indicates either accumulation or a potential breakout scenario. Watch how price responds at the Kijun—a clean bounce could signal renewed strength, while a breakdown would shift the bias lower.
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GasGuzzlervip
· 01-09 00:18
As long as Kijun holds, there's hope; once it breaks, it's time to run.
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BlockchainTherapistvip
· 01-08 16:09
Did the kijun hold? Once it breaks, things will get interesting...
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CascadingDipBuyervip
· 01-06 10:11
As long as the Kijun holds, there's still hope in this wave. If the Fibonacci compression zone can't be broken, just wait and watch for a rebound.
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OneBlockAtATimevip
· 01-06 00:50
As long as the Kijun holds, keep watching; if it breaks, go straight to liquidity. It's that simple.
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BloodInStreetsvip
· 01-06 00:49
It's Fibonacci again, and Kijun again. Basically, it's just betting that it won't break the level.
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FarmHoppervip
· 01-06 00:30
Look at this compressed consolidation, it feels like it's about to move, just worried about a false breakout tricking me into cutting losses.
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