Hello how to trade learners. Here you go you luckies. This is the scenario which I feel will be played for AVAX in maximum two month. By the way keep in mind that I am new in this area, nothing I say here is a financial advice. You are very likely to loose a fortune if you trade believing in my analysis.
So, why I think AVAX is ought to come down? Because it has been moving up about 120% without thinking to make some correction. And all the traders keep saying "OOO it is a bull market coming! Bull market aaaa!" Fear & Greed indicator is showing almost 75% greed. I feel that whales are coming to haunt many of us.
Never enter with all you got. Keep money for the bloody days coming. Do not bring here the money you cannot loose.
Last but the most important: Never give your friend a financial advice.
So, why I think AVAX is ought to come down? Because it has been moving up about 120% without thinking to make some correction. And all the traders keep saying "OOO it is a bull market coming! Bull market aaaa!" Fear & Greed indicator is showing almost 75% greed. I feel that whales are coming to haunt many of us.
Never enter with all you got. Keep money for the bloody days coming. Do not bring here the money you cannot loose.
Last but the most important: Never give your friend a financial advice.
Trade closed: stop reached:
Yes, I failed one more time. This coin is crazy man. It does not any rule. Ha ha, it does not care if draw lines or not.