AVAX has met a major 2021 lifetime resistance area and rendered a strong sell signal in response. Is this the time to short?
How do we trade this? 🤔
We have three pushes up in a bull trend; the third push has made contact with a major 2021 resistance area, followed by two strong bear candles closing on their lows below the Daily 30EMA. What we need now is a...
AVAX pulled back 37% from its recent high just at $49.85, a strong pullback that brought pause to the bulls until now. Is this the time to enter a long trade?
How do we trade this? 🤔
The answer is almost! We have several market indicators that point to a 1:2 Risk/Reward trade near this price area. We have three pushes down in our pullback from $49.85, 3 failed...