AVAX / TetherUS
Corto
Actualizado

AVAX: It's not looking good!

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The current TPI value for AVAX on the mid-term TPI is currently at -0.928, the minimum value is -1:
This is super bearish. This simply means that there is a high risk that AVAX will fall to test a recent liquidity level. This could happen as altcoin dominance falls

Avax is also underperforming ETH by a lot! This could indicate that it could fall much harder than ETH if we see external market factors affecting crypto negatively
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As always, please stay safe!

I've linked some ideas below, this analysis is in confluence with those!
Nota
I was right!:)
Nota
It got a drawdown of 50%, have rebounded, neutral - slightly bullish outlook now, analysis comming soon

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