Avalanche had broken the 100EMA with a nice and steady upward movement here, which is now approaching the 200EMA threshold zone.
We are looking for a potential movement to lower zones near the current market price, which has also led RSI into the overbought zones.
If we see a nice rejection here, we will see further downward movement!
Swallow Team
We are looking for a potential movement to lower zones near the current market price, which has also led RSI into the overbought zones.
If we see a nice rejection here, we will see further downward movement!
Swallow Team
Note
Avalanche has made an amazing movement after that rejection from 200EMA (where price did not secure above that line).
✅ We got +12.51% of marketprice movement
Trade closed: target reached
Avalanche has made a really good movement after that rejection, resulting in a nice 17% of marketprice movement. Currently, we can see price testing that branch of EMAs which is crucial for AVAX, as if it doesn't hold, then we will be back trading below EMAs
🟢Trade Was Successful / +17.52%
🚨 Authentic Traders
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⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
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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.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.