AVAXUSDT Perpetual Contract
Short
Updated

#AVAXUSDT #4h (Bybit) Ascending channel breakdown

314
Avalanche lost 50MA acting as resistance now, seems to be heading towards 200MA support.

⚡️⚡️ #AVAX/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (7.0X)
Amount: 4.9%

Current Price:
28.095

Entry Targets:
1) 28.435

Take-Profit Targets:
1) 25.140

Stop Targets:
1) 30.085

Published By: @Zblaba

AVAX AVAXUSDT.P #Avalanche #Web3 avax.network

Risk/Reward= 1:2.0
Expected Profit= +81.1%
Possible Loss= -40.6%
Estimated Gaintime= 1 week
Trade active
AVAXUSDT.P All entry targets achieved
Average Entry Price: 28.435 💵

AVAX pulled back to 50MA resistance and is even trying to regain it but let's stick to the plan.

snapshot
Note
⚡️⚡️ AVAXUSDT.P ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (7.0X)
Amount: 4.9%

Entry Targets:
1) 28.435 ✅

Take-Profit Targets:
1) 25.140

Stop Targets:
1) 28.435

Published By: @Zblaba

AVAX is retracing down as expected, time to protect the trade adjusting SL to BE.

snapshot
Trade closed: target reached
AVAXUSDT.P TP hit with +2.0R

#AVAX/USDT All take-profit targets achieved 😎
Profit: 81.1148% 📈
Period: 19 Hours 33 Minutes ⏰

AVAX reached target already on the wick to 200MA, that was fast!

snapshot

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.