think all markets are essentially topped, so looking for best shorts. avax looks like it's at heavy resistance here vs eth. think it's likely the better short.
should drop ~10% vs eth.
should drop ~10% vs eth.
Trade active
got here much quicker than anticipated. still think avax is the better short. holding. if anything, i think the run up thesis is likely dead as eth still looks awful. this could keep dropping.
Note
like we anticipated, this kept running. we're still short. however, count's dead.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.