Avax mid-longterm view, bearish
Avalanche Perpetual Futures FTX:AVAXPERP
Defined range with value area of volume profile .
Top was deviation.
We’re below Point of Control and printed a daily hidden bearish divergence. Daily bearish market structure. Swing failure.
Swing short here, Invalidation: Above swingfailure, Targets: Range low, weekly breaker
Potential swing longs from weekly orderblock.
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Peace.
