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Numetric
Oct 7, 2022 10:25 PM

AVAX Short Short

Market Cap AVAX Dominance, %CRYPTOCAP

Description

I think AVAX will continue to make a bearish continuation based on the dominance/market cap and current macroeconomic situation.

We continue to make lower highs as well as showing signs of large players exiting the AVAX game.

Stay weary frens.

Comment

Testing the 19500 on BTC, this will confirm this move if we either:
A. Break the floor on BTC right now
or
B: We break BTC resistance

In case B this idea is invalidated.

Comment

This idea is playing out so far. I would not be surprised by another 50-90% drop.

Trade closed: target reached

My outlook is bullish now

Comment

AVAX, destroyer of worlds.
Comments
SwallowPremium
Great job! Definitely a possible scenario!
Numetric
Crazy enough, this did actually make that 90% drop further from $17, outlook is still bullish.
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