Overbought AVAX is on uptrend and MA200 is way too far.
Just like on Jan 17 there was similar situation. Spike -> Consolidation -> false break up and bounche to MA200 -> bounce up.
I expect to see that again. This asset need liquidity at that is how it is going to get some.
A bit of a gamble to try to catch that turning point but I trust to fib 0.1 level.
Just like on Jan 17 there was similar situation. Spike -> Consolidation -> false break up and bounche to MA200 -> bounce up.
I expect to see that again. This asset need liquidity at that is how it is going to get some.
A bit of a gamble to try to catch that turning point but I trust to fib 0.1 level.
Trade closed: stop reached
False break was disappointment. No harm done.
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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.