Apollo_CB

Avax finally in demand

Long
BINANCE:AVAXUSDT   AVAX / TetherUS
AVAX, one of my largest holdings is finally in the daily local demand zone. I am starting to add heavily here as there are multiple converging supports in this price range. We approach the 100EMA which is typically a very strong support. We are hitting the demand zone (again support) , the real like is a diagonal support. A bottomed stochastic points to a reversal soon, but this depends on BTC. If BTC gets that prehalving crash, the more brutal downside target is marked as a dashed red.

-I am not using leverage (avax is a long-term bet for this cycle, and somewhat of a risk hedge)
-I am averaging to an already large position
-I have been in AVAX since last cycle very early
-Stay safe!

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