Salaam
After breaking the daily rising flag, Avax sticks to the lower support.
It rejects 70 resistance two days ago and continues falling yesterday.
I place a short position here.
A daily close above 77 will cancel the bearish scenario.
My final target is about 43 but first Avax should break the 58 and 50 supports.
Good luck,
After breaking the daily rising flag, Avax sticks to the lower support.
It rejects 70 resistance two days ago and continues falling yesterday.
I place a short position here.
A daily close above 77 will cancel the bearish scenario.
My final target is about 43 but first Avax should break the 58 and 50 supports.
Good luck,
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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.