Viikingi

AVAX false break opportunity

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Viikingi Atualizado   
BYBIT:AVAXUSDT.P   AVAXUSDT Perpetual Contract
Overbought AVAX is on uptrend and MA200 is way too far.

Just like on Jan 17 there was similar situation. Spike -> Consolidation -> false break up and bounche to MA200 -> bounce up.

I expect to see that again. This asset need liquidity at that is how it is going to get some.

A bit of a gamble to try to catch that turning point but I trust to fib 0.1 level.
Trade fechado: stop atingido:
False break was disappointment. No harm done.
Aviso legal

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