A possible Reverse Head and Shoulders
Hi traders,
As you can see from the chart, the price may form a reverse head and shoulders. In that case, I specified the places where I take a position. My stop level is around 2.57%. This may change depending on your risk level.
I am bullish for AVAX. It is because the volume has been increasing lately where you can observe in daily frame.
Even though it does not form a reverse head and shoulders, I strongly believe that it will go up dramatically because of the NFT hype.
Stay safe.
As you can see from the chart, the price may form a reverse head and shoulders. In that case, I specified the places where I take a position. My stop level is around 2.57%. This may change depending on your risk level.
I am bullish for AVAX. It is because the volume has been increasing lately where you can observe in daily frame.
Even though it does not form a reverse head and shoulders, I strongly believe that it will go up dramatically because of the NFT hype.
Stay safe.
Trade closed manually:
Could not trust. I closed the position at the bounce from the level I mentioned. The profis is about 30%. I believe It might fall little bit. So I will wait for another opportunity.