perfect bounce at the trendline around $100 and looking to shoot higher. targets based on expected resistance where 2x buying pressure subsides.
i don't like buying at this late stage of a bull market, but you can definitely build your position via trade, i.e. selling at these levels and buying more on the subsequent dip. $155 and $200 look like the strongest candidates for resistance, so that's where you'll likely get the most bang for your buck (in terms of a discount for reentry on the retracement).
if price makes it to $200 i'll definitely be considering taking substantial profits and significantly reducing my AVAX position (maybe 50-75%).
i don't like buying at this late stage of a bull market, but you can definitely build your position via trade, i.e. selling at these levels and buying more on the subsequent dip. $155 and $200 look like the strongest candidates for resistance, so that's where you'll likely get the most bang for your buck (in terms of a discount for reentry on the retracement).
if price makes it to $200 i'll definitely be considering taking substantial profits and significantly reducing my AVAX position (maybe 50-75%).
