Avax is inside of a very clear range, swept the range low, and now is hiding MS from Breaish to bullish. there are two kinds of play here, first is to wait for a pullback to around 12.1-12.3 and DCA with a stop loss below the lows at 11.4 which we might or might not get the pullback. the second play is long at the Hourly S/R level with the same stop loss at 11.4. whatever you choose apply risk management. target is around 16- 17 dollars
Trade active:
My Average entry is 12.2
Comment:
took partial profit at 13, stops BE
Comment:
still looking good. I cashed out around 55% of my position and with a stop at entry, I am riding this to 18 dollars.