Hello! I'm new in terms of following you, but I can see clearly you're making some really nice graphs. Cheers! One question thought - do you think if the price breaks 116, we can go down to 103-4$?
wavewrangler47
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@gmitev2021, I know this wasnt a question for me but let me try to help…this has me worried also. It will depend on bitcoin though short term. Not so much long term. Professor released a warning today on bitcoin soooo…enough said there. It’s coming time to treat alt coins as alts and buy bit on a dip. A big one. the (last?) support level for Avax has already been broken. I believe it’s borderline on it. Like bitcoin has been doing. I think right now it’s a tad outside of its channel and its fib line (diagonal lines that run parallel to each other bottom left to top right in a TA, well - hopefully that’s the case. Progress -> time ). That’s not good, it indicates a correction which can be 30-50% or more. Which would be 90-100. (Or more). If you cash out. You can always recoup by getting in before it starts to head back up. “Don’t lose money till you sell.” Not true! Let it drop, re-enter, ride up.
Add to this, the coin just went parabolic. Correction is always a concernof that on the other side. Add on top of that trends. Gaming stuff, is the trend of the week. They all blew up. I have trouble following trends because I like to go my own way. But that doesn’t work with making money via trading. Remember, most people have no idea what crypto is and most people follow others so in this art you must do the same or be really, really good.
With the added exposure and ease of buying crypto for the masses now, it is a crapshoot if you do t follow the trends. People buy whatever, and think they’re buying some sort of digital stock, not investing in a blockchain, et. al. that facilitates their next generation of Facebook. Nothing against musk, but….
My suspicions here are that the coin that Avax kicked out of top ten (still maybe?) probably are shorting the heck out of it right now.
I leave with two words of advice -It’s barely been released and a top ten coin-good stuff -cream always floats to the top -crypto will get sorted, the madness of it. I wish more players like eth would give money for crypto education. They see the problem. They got scolded for that IIRC. It’s the only way people can begin to understand the technology.
Last, I’m not done with Avax. I’m going to keep a close close eye on it. It’ll go back up. It’s got some amazing features. Just a bad pump so far this year causing disruptions, and until alt coins are just coins they will follow bit.
Good luck friend. If it hits 100 I’d wait for it to drop even more possibly. Keep checking back here and perhaps join some private discords for a donation (they do put in considerable effort) where you can get quality info first. It’d be totally worth it. I currently am considering this guys ^^ group. Good info. Not very humble but when you grow you gotta show that you can produce results. So dont get turned off by that. Look at past calls. Ask for them. He posts all theirs.
Feel free to add me/message me. I won’t ask for money (LOL). I’m just new here as well.
gmitev2021
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@wavewrangler47, Hello there! Thank you for the information/opinion!
wavewrangler47
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@gmitev2021, No problem! Hope you enjoyed that little pump earlier!
gmitev2021
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@wavewrangler47, Well not really.. I messed up :(. I mean sold at 115.
My prediction for Avax on November 23rd