AVAX has met a major 2021 lifetime resistance area and rendered a strong sell signal in response. Is this the time to short? How do we trade this? 🤔 We have three pushes up in a bull trend; the third push has made contact with a major 2021 resistance area, followed by two strong bear candles closing on their lows below the Daily 30EMA. What we need now is a...
AVAXUSDT shows a bearish momentum based on: (1) Bearish Divergence (1H) (2) Head & Shoulder Reversal (3) Break of H&S neckline Trade Plan SL: Previous LH Entry: CMP TP1 and TP2: 1:2 risk to reward. What do you think, will it work?
Avalanche has been roaring through a nice curving bull channel until the top of the third push at $42.75! A nice sell signal formed on yesterdays daily candle, now we need to see how today closes to make our next move. How do we trade this? 🤔 Avalanche had its third push up in the bull channel, a typical number of legs before the trend changes into a trading...
On HTF, a descending wedge can be observed. We have not reached the lower lines of the wedge yet, and I also do not see oversold conditions according to the RSI. I expect a bounce on smaller timeframes, followed by a subsequent price drop. There is a higher probability that we will soon see a price of $4.72 per coin. It may even go lower if support breaks....
KUCOIN:AVAXUSDT AVAX is approaching an interesting level for a possible long providing a potential of about 40% upside gains. However, since Bitcoin is sitting in a huge Head & Shoulders pattern, we must let our edge develop on lower time frames 4h to look at entry triggers. Should the Head & Shoulders activate, potential downside target to possible pullback...
Lower break found , using less risk-taking long profit, scenario might change any time, Doller index is correcting nad dominance is also rejected, expect a pull back in crypto
I'm trying and testing a new strategy, if you have any comments and ideas here don't take me too seriously, it's not a financial recommendation and I can definitely be 99% wrong =D
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (midterm expectations) Correction already started or will be one more upward movement in ~23$ zone. Entry: market and higher Targets: 16.5 and 15.6 after first target reached move ur stop to breakeven Stop:...
Took a small % AVAX USDT short futures trade. It's a risky trade because Bitcoin might pump suddenly so mind the leverage and risk % when you want to follow the idea. And SL to the entry after TP1 hit ! Manage your risk! Good Luck! When you like what we do give us Boost and comment! And follow us in different socials: womenincrypto48 Join the...
AVAX with a Rising wedge and weak RSI is ready for a short position, also now we are below the resistance zone.
two options for entry ,waiting for CHoCH and open short or long , follow the risk management and don't forget to put stop loss
3 options for entry , waiting for BOS and open short or long , follow the risk management and don't forget to put stop loss
if wave y is over, fix 1 may be doing 2 now, or it will be wave x assuming btc will drop further.
BYBIT:AVAXUSDT 4 Hours chart - AVAX is forming a potential double top here, and is getting support from the uptrend. Short is while breaking out the uptrend, and targets as below. - Targets: 1) 22.135 2) 21.135 3) 19.53 Stop: 24.32 RRR: 1.84
Avax is currently at its resistance level. Bearish candles are shown. Short position can be taken.