AVAX broke 50.50 and appears to be correcting. We're eyeing an entry around 45.00 (100% Fib extension). Aware of potential BTC/ETH pullback in a double correction impacting AVAX. Target: 51.70 (T1) & 85.00 (T2). Stop-loss: 34.80 Risk 1%
With looking at the money flows, I think it’s going to drop further. Money flows showing deep exiting
AlmaClub
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@Rey_Mezcalero, Yes it definitley can, selling pressure is high. All we want is a bounce to t1 before eventually dropping further. Best! We took the entry at 45.50