AVAX x13
AVAX #13 / (BTC)
Has been very sleepy throughout this correction.
I quite like the structure:
- It has hit the retracement GW.
- It had a double stab down before Bitcoin and as Bitcoin made a lower low, AVAX made a higher low.
- The whole are looks like a bowl = strong.
- It looks to be completing a lower time frame 1:0.618 GW 3 wave correction similar to TOTAL.
- It is printing a shallow sideways channel that looks like an accumulation.
It is the shallow channel that is very inviting here.
So this looks a great buy right here, with less downside risk than other coins due to the shallow channel and all the list above.
And so i've made a small but very aggressive trade here.
I have entered a x13 leverage trade and so the liquidation point is the stop loss.
And that is just below the stab downs @$23.7
I like this setup because I think that even if TOTAL or BTC rock back oscillate in this area, AVAX will likely remain somewhere in or near the sideways band.
Not advice
Has been very sleepy throughout this correction.
I quite like the structure:
- It has hit the retracement GW.
- It had a double stab down before Bitcoin and as Bitcoin made a lower low, AVAX made a higher low.
- The whole are looks like a bowl = strong.
- It looks to be completing a lower time frame 1:0.618 GW 3 wave correction similar to TOTAL.
- It is printing a shallow sideways channel that looks like an accumulation.
It is the shallow channel that is very inviting here.
So this looks a great buy right here, with less downside risk than other coins due to the shallow channel and all the list above.
And so i've made a small but very aggressive trade here.
I have entered a x13 leverage trade and so the liquidation point is the stop loss.
And that is just below the stab downs @$23.7
I like this setup because I think that even if TOTAL or BTC rock back oscillate in this area, AVAX will likely remain somewhere in or near the sideways band.
Not advice
Nota
If you like this type of content then go right ahead and hit the BOOST to show your support.
If you dont BOOST then it makes me think there is less interest for my TA donation and I will put my focus elsewhere 👍.
Trade chiuso: obiettivo raggiunto
Trade closed profit taken, bearish wave incoming tradingview.com/x/xR6hqLI5/.
GG 👍.
Nota
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.