Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Dropped back in the range, shorting a retest at $79 down to $60 where I'll be longing. Keep it simple.
As it is shown that the emergence of a candle with WICK and medium size, this indicates the descent to the support, then the rise towards the resistance
buy AVAX. Due to the fact that it has hit the Moving 200, it can grow to the specified levels.
Bearish divergence. I see a great opportunity here being that the overall market has been showing signs of weakness. Placing a stoploss at $84. This isnt a 1 day or 1 week trade I anticipate this taking a couple months to play out. Cheers Target #1 $38 Target #2 $24 Target #3 $14
Guessing the short will bring it into the lower 70 range. Tough bet though so careful. Range is too ugly in my opinion.
I don't feel so good Mr.Avax. The chart shows me still bearish signs. Let's see how to price acts on the resistance.
Avax is a screaming buy around $66 IMO. I've been saying in my group that AVAX needs to test the ema 50 on the weekly TF b4 we can buy back in. So this seems likely
There has been multiple candle closes towards the top of the ichimoku cloud, which indicates the price should drop to the bottom of the cloud. The last 8 candles could also be seen as a sideways double top which is a further indication of a slight retracement There is a bullish TK cross I believe AVAX will either bounce off the 0.5 fib retracement level OR...
#Futures Signal #AVAX_USDT Scalp Short.. tp 1 : 109.546 tp 2 : 106.40 tp 3 : 100.500
BINANCE:AVAXUSDT Today got back to analyzing some AVAX trade setups. I added the Long and Short entry points that are of my interest. I think we are done with dropping lower for now and will start trading sideways for the rest of the month before making another move upwards. We could be in for a few boring weeks in the market but this is a good chance to...
BINANCE:AVAXUSDT Hello everyone today I have a short term short setup for AVAX, AVAX has been on a rally without a good retrace It has broken out of the uptrend channel and I think we could see a correction from this point before we go any higher SL 150$ TP 108$ ENTRY 133$ Risk Reward if 1000$ in position Risk to lose around 130$ Reward to gain around 180$
AVAX 3H support is at ~$115 Enter 50% here and try to set some buy orders near the support zone If AVAX holds above the trendline, the Take-Profit target would be $126, $138, and $161 Cheers
Now the chart make wave correction 4 and then continues to make the impulsive 5
Thinkin this gonna be a pretty big drop. huge double top. Happy Shorting folks, Stefan
Just looking for feedback on whether that is enough of a conformation in the short term....still playing with my chart time periods with different indicators...as you can see, thanks guys.
AVAX 6H support is at ~$78 Enter 50% here and try to set some buy orders near the support zone If AVAX holds above the trendline, the Take-Profit target would be $85.8, $93.6, and $109.2 Cheers
Everything is as shown if you had any questions please ask.