$AVAX — bro, this is a long for me. Trendline connecting swing lows is still pointing up, that's key. Plus, it's trading above the short-term MA right now, so bulls are holding ground after the dip. That last candle had a strong body, buyers ate up the selling pressure. I'll buy the bounce off this support and stay until it hits the first target. If it caves below the range floor, though, I bail fast.
Plan (15m only): entry ~6.5580 · SL 6.4596 · TP 6.7219 · R:R 1.67
15m only — not a swing call.
#TechnicalAnalysis
Plan (15m only): entry ~6.5580 · SL 6.4596 · TP 6.7219 · R:R 1.67
15m only — not a swing call.
#TechnicalAnalysis