Crypto Coins Watchlist for Next Long Run which might have Good Performance
BTICOIN, TOMO Tomochain, SOL Solana, AVAX Avalanche, MKR Maker, NEO, IOST, ZEN Horizen
BTCUSD TOMOUSD SOLUSD AVAXUSD MKRUSD NEOUSD IOSTUSD ZENUSD
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be...
AVAX still holds the trend line. In case of a 4H bar closed below 6.3 may push the price to the green box which is around 5.05-4.87. 4H closes below 4.87 seems dangerous.
For now, the uptrend is working. Needs to be watched with careful stop losses.
*While Bitcoin hitting $25k ATH again, most of altcoins kept rising against USD too.
*But during this time AVAX was falling and retesting the dip and retest was successful
*After resting $2.75 ,AVAX is moving up and will start pumping soon when BTC stops
Targets are $3.55 , $4.1 and $4.5 for now.
Buy zone is below $2.9
Good luck .
#Avalanche broke out the parallel channel and pulled back, seems to be a good time to enter.
Current Price= 3.1961
Buy Entry= 3.1904 - 3.1580
Take Profit= 3.2632 | 3.3251 | 3.4337
Stop Loss= 3.0998
Risk/Reward= 1:1.2 | 1:2.03 | 1:3.49
Expected Profit= +11.20% | +19.00% | +32.72%
Possible Loss= -9.36%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage=...
- Bearish descending triangle = continuation pattern to the downside
- The price is below previous trend line, that is bad for bulls
- Not looking good to me, you can short this coin on futures market
If you want more of these ideas, please hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
