In my previous AVAX analysis I argued that AVAX finally broke out of the horizontal channel in which it has been trading inside for over two months.
Sadly, that particular break out was actually more a fake out. The price failed to continue the sharp upward trend and it now falling back. Of course, this is greatly influenced by Bitcoin's bearish correction.
Wait for the price to confirm the shift in trend before going short.
Happy trading!
Sadly, that particular break out was actually more a fake out. The price failed to continue the sharp upward trend and it now falling back. Of course, this is greatly influenced by Bitcoin's bearish correction.
Wait for the price to confirm the shift in trend before going short.
Happy trading!
Nota
Trade cancelled before entry
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Penerbitan berkaitan
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.