$AVAX/USDT 12h (#Bybit) Ascending trendline breakdown and retest

Avalanche formed an evening star after being rejected on that TL, looks like a sharp retracement is incoming.

⚡️⚡️ #AVAX/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 7.1%

Current Price:
21.325

Entry Zone:
21.290 - 22.350

Take-Profit Targets:
1) 19.375
2) 17.535
3) 15.695

Stop Targets:
1) 23.865

Published By: @TradingOn

AVAX #AVAXUSDT #Avalanche

Trade chiuso: obiettivo raggiunto:

TP1 reached with +31.5% (3x) and +1.2R

Avalanche got rejected on the TL and is retracing down as planned, SL adjusted above entry.