I heard AVAX got listed on Robinhood.
After the initial pump, Price has been testing 30.23 level, worth keeping an eye on.
If the News entry was missed, it's worth waiting to see for 30.23 to be definitively Confirmed or Rejected before opening a Trade.
As I'm writing this, the current 4H Candle looks Oooff!
AVAX Long: Bounce with a Confirmation off 30.23, targeting 31.25 and seeing how it goes from there.
AVAX Short: 30.23 Rejected, News hype died down, targeting 27.30
After the initial pump, Price has been testing 30.23 level, worth keeping an eye on.
If the News entry was missed, it's worth waiting to see for 30.23 to be definitively Confirmed or Rejected before opening a Trade.
As I'm writing this, the current 4H Candle looks Oooff!
AVAX Long: Bounce with a Confirmation off 30.23, targeting 31.25 and seeing how it goes from there.
AVAX Short: 30.23 Rejected, News hype died down, targeting 27.30
Note
AVAX Short worked out nicely after 30.23 failed to retest and breakout.I exited the Short at 28, earlier than my idea target of 27.30, due to market news.
Eventually AVAX reached 27.30
27.30 was tested and rejected, this would have been a good quick Long trade.
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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.