AVAX Long term bullish, short term only whales know!
!! NOT A FINANCIAL ADVICE !!
AVAX, We are at the lower side of the current descending channel. There is a chance to move up-side and get rejected at the top of the channel.
For a quick swing, a position from $90 to $100 might be worth trying.
As long as we hold the overall bullish support things are looking good long-term.
If we break below the support line then it can get a bit ugly.
Remember to always have stop-loss and plan your next move. Also, be careful of StopLoss hunting of the Market Makers and Whales! Do not put stop loss exactly at obvious supports!
AVAX, We are at the lower side of the current descending channel. There is a chance to move up-side and get rejected at the top of the channel.
For a quick swing, a position from $90 to $100 might be worth trying.
As long as we hold the overall bullish support things are looking good long-term.
If we break below the support line then it can get a bit ugly.
Remember to always have stop-loss and plan your next move. Also, be careful of StopLoss hunting of the Market Makers and Whales! Do not put stop loss exactly at obvious supports!
Comment:
Well luckily we bounced right above the stop loss
I am the defender of the retail against the wolves of the wall street