Avalanche / TetherShort
AVAX short on its test of $85 head and shoulders
We called AVAX short at its push for $100 and were correct.
Now it is coming to test the $85 resistance zone and this head and shoulder pattern has developed.
There is also a lack of demand according to on chain data.
I have pointed out with vertical lines how accurate this RSI histogram has been for buys and sells, and right now it is all over the sell signal.
I do believe AVAX will push for $85 and hit and that is when I will be shorting.
Good luck traders.
Now it is coming to test the $85 resistance zone and this head and shoulder pattern has developed.
There is also a lack of demand according to on chain data.
I have pointed out with vertical lines how accurate this RSI histogram has been for buys and sells, and right now it is all over the sell signal.
I do believe AVAX will push for $85 and hit and that is when I will be shorting.
Good luck traders.
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