$AVAX $11.33, straight to the long đ: It dipped to push the market while CoinGeckoâs #8 trending search was going onâturns out MA7 at $11.26 is still riding above MA25 at $10.95. This âshakeoutâ isnât a reversal
In the last 24h -3.4%, high $11.77 low $10.99. One pullback and it buried all the late-chasers from last night. The trend topic that was hot moves fast tooâit cools just as fast
As for the news, itâs pretty much the same stuffâI canât be bothered to repeat it. Anyway, the chart has already spoken: in 60 4h candles itâs still closing with +1.6% positive returns. The long-side structure hasnât broken. Every time it was hammered to around $11, it got picked up twice. Iâm bullish on this one: pullback to buy, donât chase at higher prices
Rules are set: as long as it holds above R1 $12.01, Iâll look to R2 $12.51; if $11.3 canât hold and it keeps dropping all the way to S1 $10.15, then my long position is out. S2 at $9.97 is left for the brave
In this pullbackâdid you add to your position or did you exit? Say where you placed your order
$AVAX #éȘ掩 #èĄæ ćæ
In the last 24h -3.4%, high $11.77 low $10.99. One pullback and it buried all the late-chasers from last night. The trend topic that was hot moves fast tooâit cools just as fast
As for the news, itâs pretty much the same stuffâI canât be bothered to repeat it. Anyway, the chart has already spoken: in 60 4h candles itâs still closing with +1.6% positive returns. The long-side structure hasnât broken. Every time it was hammered to around $11, it got picked up twice. Iâm bullish on this one: pullback to buy, donât chase at higher prices
Rules are set: as long as it holds above R1 $12.01, Iâll look to R2 $12.51; if $11.3 canât hold and it keeps dropping all the way to S1 $10.15, then my long position is out. S2 at $9.97 is left for the brave
In this pullbackâdid you add to your position or did you exit? Say where you placed your order
$AVAX #éȘ掩 #èĄæ ćæ