My main argument here is basically as long as trend line 1 holds Avax will want to go 11 dollars.
However, a bearish reversal is calling on the other hand. So I created a few more trend lines to follow.
I started to sell the AVAX that I bought from $3.2 to $5.5 above 9.
The red one will be the critical trend line that keeps bullish motivation.
The red box will hopefully hold the price in case of a retracement. In this case, I will follow 8.31 and 7.29 as support lines.
These are the levels I may buy again.
And finally, 6.12 to decide if the party goes on or not.
However, a bearish reversal is calling on the other hand. So I created a few more trend lines to follow.
I started to sell the AVAX that I bought from $3.2 to $5.5 above 9.
The red one will be the critical trend line that keeps bullish motivation.
The red box will hopefully hold the price in case of a retracement. In this case, I will follow 8.31 and 7.29 as support lines.
These are the levels I may buy again.
And finally, 6.12 to decide if the party goes on or not.
Nota
In general, I really believe the project and has good potential. I am also considering some part of my portfolio as value investing.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.