AVAX / TetherUS

AVAX/USDT starting to look bullish. Time to long?

284
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator.

When the background of the candlestick closes green with an upwards pointing pink arrow. It indicates a possible bullish (up)trend. I want to see more confirmation of this possible trend before making an entry. To enter a trade placing an order a few ticks above the candle high would be sensible. The idea behind this, is that we only want to enter a trade when it has shown a trend continuation.

The Supertrend Ninja indicator gave only 6 bullish signals for the 2 day chart in 2021. And it's forming its 7th today. It still has over more than 1 day and 7 hours before candle close.

Is AVAX gonna be making a new ATH? I'll be watching AVAX like a hawk.

Namasté

Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.

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