I think AVAX will continue to make a bearish continuation based on the dominance/market cap and current macroeconomic situation.
We continue to make lower highs as well as showing signs of large players exiting the AVAX game.
Stay weary frens.
We continue to make lower highs as well as showing signs of large players exiting the AVAX game.
Stay weary frens.
Note
Testing the 19500 on BTC, this will confirm this move if we either:A. Break the floor on BTC right now
or
B: We break BTC resistance
In case B this idea is invalidated.
Note
This idea is playing out so far. I would not be surprised by another 50-90% drop.Trade closed: target reached
My outlook is bullish nowNote
AVAX, destroyer of worlds.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.