Avax Long

Hi everyone. it looks like avax jumped off the trendline and used it which to me indicates a potential bullish incoming over the next month. i hope anyone with longs killed their trade and shorted when they saw it fell below the September support line. would have made back for any long loss and more. it fell to i believe 15.50. nice bounce off the line though still bullish on avax long term and sorry for my mini trendlines i was trading on the 5 and 15 for some short term trades.

評論:

I also want to include that you should be very weary of the reports coming out this week in the stock market. If the news is bad I can assure volatile PA depending on the news esp. the CPI report. I would try not to take ANY risk this week when trading.

On top of that, if we fall through the line and do not bounce next time... all bets are off and it could get pretty bearish for a while. I mean we may not even see a serious bullish rally on avax,btc, etc til next year Q1 bare minimum.