$AVAX USDT : The daily and 4-hour charts show a strong downward trend, with the price below all major moving averages. This strong downward trend now presents a new opportunity to enter a short sell position on the hourly chart. Momentum is trending down again, with the 15-minute Relative Strength Index falling below 50, indicating a loss of buying pressure. The trigger to enter is a break below the hourly signal level at 13.232. This is the moment to act, as the larger trend reaffirms itself for the next downward move.
Ready to execute now (Short Sell)
Entry: Market at 13.211818 – 13.252974
TP1: 13.10893
TP2: 13.067774
TP3: 12.985463
SL: 13.355862
AVAX
13.21
-1.19%