A possible Reverse Head and Shoulders
Updated
Hi traders,
As you can see from the chart, the price may form a reverse head and shoulders. In that case, I specified the places where I take a position. My stop level is around 2.57%. This may change depending on your risk level.
I am bullish for AVAX. It is because the volume has been increasing lately where you can observe in daily frame.
Even though it does not form a reverse head and shoulders, I strongly believe that it will go up dramatically because of the NFT hype.
Stay safe.
As you can see from the chart, the price may form a reverse head and shoulders. In that case, I specified the places where I take a position. My stop level is around 2.57%. This may change depending on your risk level.
I am bullish for AVAX. It is because the volume has been increasing lately where you can observe in daily frame.
Even though it does not form a reverse head and shoulders, I strongly believe that it will go up dramatically because of the NFT hype.
Stay safe.
Trade closed manually
Could not trust. I closed the position at the bounce from the level I mentioned. The profis is about 30%. I believe It might fall little bit. So I will wait for another opportunity.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.