AVAXUSDT Perpetual Contract
Long
Updated

AVAX The beast has awaken

515
We can see the purple trendline acting as resistance here, if AVAX manage to break above $50 and close above it, then we go long to $66.
On the other hand we might visit $40 or $30 before we bounce and break that purple resistance.
Lets see what happens

Entry above $50
Stop loss $40

  • TP1 54
  • TP2 55
  • TP3 58
  • TP4 61
  • TP5 64
  • TP6 66

These are just speculations you can take my advice or technical overview with a pinch of salt.
You are welcome to comment to discuss further. Let me know your thoughts.

Stay safe.
Trade active
Note
TP1 Hit guys!
Note
TP2 Hit
Trade closed: stop reached

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