AVAX Short Idea

12 Ağu 2021

We have ongoing uptrend on HT but in LT we've broken the uptrend with a LL. On 30M TF 200 EMA is support at the moment . We need a bounce off of it to the north so the RSI and MACD can cool off and a LH to be created so the new downtrend to be confirmed. I am waiting for a bounce and further downwards move or break of the 200 EMA to the south and retest to enter a short position.
NFA

12 Ağu 2021

Emir iptal

Price went much higher than expected and maybe will continue its uptrend, so this trade idea is invalidated.