AVAX Continuing Downward Trend
Updated
What I can say is that AVAX is experiencing rejection in the $79.62 price range, currently in the Supply Zone and below the WMA-600 Moving Average line (4-hour timeframe).
Trade active
The profit target is at $33.10 (based on Fibonacci Extension). Risk/Reward Ratio is 1:1 or 2:1.
NB: This is not financial advice, DYOR, and trade at your own risk.
And lastly, happy trading and good luck to you.
Trade closed: stop reached
Already touched the stop loss point.
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