Odd one out on my screen is $AVAX .
Whole board red and this thing printed one 4h candle from 8.03 to 8.97. Volume on that candle is like 15x a normal one, so somebody actually wanted it.
Before that it was dead. Sat on 8.2 for three days, then got swept to 7.77 with everything else last night.
Problem is the chart is still a month long downtrend from 10.5. 9.06 and the Nov 4 wick at 9.16 sit right above.
For me it needs to hold 8.70 on the pullback. Clean 4h close over 9.16 and the trend finally changes. Back under 8.40 and it was just a squeeze.
Whole board red and this thing printed one 4h candle from 8.03 to 8.97. Volume on that candle is like 15x a normal one, so somebody actually wanted it.
Before that it was dead. Sat on 8.2 for three days, then got swept to 7.77 with everything else last night.
Problem is the chart is still a month long downtrend from 10.5. 9.06 and the Nov 4 wick at 9.16 sit right above.
For me it needs to hold 8.70 on the pullback. Clean 4h close over 9.16 and the trend finally changes. Back under 8.40 and it was just a squeeze.
