AVAX broke below a key support level and forming a bear flag beneath. Measured move is to the $40's.
Some L1s had big moves in 2H 2021 and underwent distribution the past couple months. With no incremental buyers, price comes down the other side.
If AMZN misses EPS after the close today, could be an ugly weekend for crypto. If so, think this is the last leg down. the big guys are typically last to get taken down.
Some L1s had big moves in 2H 2021 and underwent distribution the past couple months. With no incremental buyers, price comes down the other side.
If AMZN misses EPS after the close today, could be an ugly weekend for crypto. If so, think this is the last leg down. the big guys are typically last to get taken down.
Comment:
AMZN beat along with other tech names. QQQ rising significantly AH means this is less likely to play out