Avalanche had one more nudge toward the 2021/2022 resistance level since my last analysis, creating a bearish divergence and setting us up for a short trade. Should we short now?
How do we trade this? 🤔
As stated in my last analysis and this one, we need a short signal and confirmation for justification to short AVAX. Our proposed third push up from the...
Avalanche (AVAX) is burning red hot on the charts and flirting with the idea of a reversal. Do we have the justification to short here? Or will the trend continue upward?
How do we trade this? 🤔
AVAX has three pushes up in this trend, three sell bars near the $44.00 level, and an RSI level of 82.00 and below the Moving Average. These are all signs that a trend...
Avalanche has been roaring through a nice curving bull channel until the top of the third push at $42.75! A nice sell signal formed on yesterdays daily candle, now we need to see how today closes to make our next move.
How do we trade this? 🤔
Avalanche had its third push up in the bull channel, a typical number of legs before the trend changes into a trading...
