nowewithoutuandi

AVAX SHORT! Bearish Divergence on the RSI

Short
BITFINEX:AVAXUSD   AVAX / Dollar
Bearish divergence. I see a great opportunity here being that the overall market has been showing signs of weakness. Placing a stoploss at $84. This isnt a 1 day or 1 week trade I anticipate this taking a couple months to play out. Cheers

Target #1 $38
Target #2 $24
Target #3 $14
Trade active: Trimming a bit here at 10% profit.
Leaving the majority of the position open.