AVAX/USDT breakdown alert!
Hey guys,
Let's take a look at AVAX/USDT pair. First things we notice is the breakdown from trend which also broke the crossover of EMA100 and EMA200 on 2h chart. After that breakdown we have been in a correctional movement where we have been forming a small rising wedge pattern which works as correction before and after the bigger movement. Might be good to short here!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Let's take a look at AVAX/USDT pair. First things we notice is the breakdown from trend which also broke the crossover of EMA100 and EMA200 on 2h chart. After that breakdown we have been in a correctional movement where we have been forming a small rising wedge pattern which works as correction before and after the bigger movement. Might be good to short here!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
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