Get started
POSINEXA

AVAX Continuing Downward Trend

Short
AVAX / TetherUS (BINANCE:AVAXUSDT)  
POSINEXA Updated   
BINANCE:AVAXUSDT   AVAX / TetherUS
Supply and Demand Fibonacci Moving Averages avax AVAXUSDT Cryptocurrency Fibonacci Extension short SELL shortterm midterm
8
0
supplyanddemand fibonacci movingaverage avax avaxusdt cryptocurrency fibonacciextension short sell shortterm midterm
What I can say is that AVAX is experiencing rejection in the $79.62 price range, currently in the Supply Zone and below the WMA-600 Moving Average line (4-hour timeframe).
Trade active:
snapshot
The profit target is at $33.10 (based on Fibonacci Extension). Risk/Reward Ratio is 1:1 or 2:1.

NB: This is not financial advice, DYOR, and trade at your own risk.

And lastly, happy trading and good luck to you.
Trade closed: stop reached:
Already touched the stop loss point.
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.