Hello traders 👋
Let's break down the AVAXUSDT chart
On the 4H timeframe, you can see a local countertrend line that the asset has been testing since the beginning of this month. To date, there was another test of the trend line and it could not be broken. What I think about this, the price is now moving along the trend and you can pick up the movement in SHORT.
💡Entry $16.70
🔝Take profit 14.77$
✖️Stop-loss $18.66
Stop-loss can be set not to the local zone and not much beyond the trend line, most often they remove the stops and tighten them back.
✅Don't forget to visit the channel there is a lot of useful information about trading.
✅Write your comments what you think about this coin.
Let's break down the AVAXUSDT chart
On the 4H timeframe, you can see a local countertrend line that the asset has been testing since the beginning of this month. To date, there was another test of the trend line and it could not be broken. What I think about this, the price is now moving along the trend and you can pick up the movement in SHORT.
💡Entry $16.70
🔝Take profit 14.77$
✖️Stop-loss $18.66
Stop-loss can be set not to the local zone and not much beyond the trend line, most often they remove the stops and tighten them back.
✅Don't forget to visit the channel there is a lot of useful information about trading.
✅Write your comments what you think about this coin.