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SwallowPremium
Apr 12, 2024 12:26 PM

Avalanche(AVAX): Cup&Handle = Getting Ready For Breakdown! Short

AVAXUSDT Perpetual ContractBybit

Description

Avalanche has formed a nice Cup&Handle pattern here, with price teasing that neckline zone.

Not to keep it long, all is clear; we wait for a breakdown, and then we will enter.

Swallow Team

Comment


Avalanche coin made a really good breakdown from pattern and resulted in 27% of market price movement for us.
Comments
BizzarTrading
Seems completely wrong, No good analysis sorry
SwallowPremium
@BizzarTrading, Seems to have worked)) But thanks for your opinion
Cjwars
@SwallowPremium, 😂 u done him there fair play 👌
SwallowPremium
@Cjwars, haha, well we got plenty of those who do not seem to understand the meaning or wait for breakout or breakdown. They think we enter with market price 👀
ParabolicP
@BizzarTrading how about now?
SwallowPremium
@ParabolicP, What do you mean? Trade is closed brother
DanyBoy4k
this one is soo good! right on time
SwallowPremium
@DanyBoy4k, Thanks Dany, it was good one for sure
karyagone
inverse cup and handle?? Never heard?? Wasnt it to be inverse Head and shoulder.
SwallowPremium
@karyagone, Just like there is an inverse H&S pattern, there is also an inverse cup and candle pattern.
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