Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
AVAX short on its test of $85 head and shoulders
Avalanche / Tether
Short
AVAX short on its test of $85 head and shoulders
By CryptoSlayerFX
Follow
Follow
Feb 26, 2022
4
2
2
Feb 26, 2022
We called AVAX short at its push for $100 and were correct.
Now it is coming to test the $85 resistance zone and this head and shoulder pattern has developed.
There is also a lack of demand according to on chain data.
I have pointed out with vertical lines how accurate this RSI histogram has been for buys and sells, and right now it is all over the sell signal.
I do believe AVAX will push for $85 and hit and that is when I will be shorting.
Good luck traders.
avalanche
avax
Bitcoin (Cryptocurrency)
BTC
crypto
Cryptocurrency
Fundamental Analysis
Technical Indicators
Trend Analysis
CryptoSlayerFX
Follow
Also on:
Related publications
Binance (BNB) bot strat idea
by CryptoSlayerFX
Litecoin Short Idea
by CryptoSlayerFX
AVAX short, upward wedge and more
by CryptoSlayerFX
BTC primed for a short
by CryptoSlayerFX
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
.