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AVAXUSDT Perpetual Contract
Short
Updated

#AVAX/USDT 4h (ByBit) Ascending trendline breakdown

762
Avalanche lost 50MA support and seems to be heading towards 200MA.

⚡️⚡️ #AVAX/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.7X)
Amount: 4.9%

Current Price:
20.800

Entry Targets:
1) 21.465

Take-Profit Targets:
1) 15.010

Stop Targets:
1) 24.700

Published By: @Zblaba

AVAX AVAXUSDT.P #Avalanche avax.network

Risk/Reward= 1:2.0
Expected Profit= +81.2%
Possible Loss= -40.7%
Estimated Gaintime= 5-10 days
Trade active
ByBit USDT
AVAXUSDT.P All entry targets achieved
Average Entry Price: 21.465 💵

AVAX just retested 50MA (gray) resistance and let us enter the trade.

snapshot
Trade closed: stop reached
ByBit USDT
AVAXUSDT.P Stoploss ⛔️
Loss: 40.6918% 📉

AVAX regained 50MA after all and pushed higher, stopping us out.

snapshot
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avalancheavaxavaxnetworkAVAXUSDTMoving AveragesSupport and ResistanceTrend Lines

Disclaimer

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avalancheavaxavaxnetworkAVAXUSDTMoving AveragesSupport and ResistanceTrend Lines
TradingOn
Also on:

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.