AVAX support is lost on HTF

23 Haz

AVAX / USDT

We have shorted this coin few hours earlier
And resulted in nice profits ✅ but it looks like it can drop more ‼️

What we can see in chart:

1- clear big cap coin HTF chart
2- Trendline support is lost
3- Previous swing high is lost
4- Until it comes back above support the priority in short term is bearish
5- it can make a short squeeze in between but next major support is around 20$


best of wishes

29 Haz

Not

React accordingly to the reaction :

5 Tem

Not

AVAX UPDATE :

Looks like its going as planned