The entry filled and the call is being tracked candle by candle.
What is the logic behind this AVAX long?
Written by the trader before the outcome was known, and never edited since.
long avax call @ 10.2, invalid at 9.75.
Thesis at publication
The longer case, also locked at publication.
entered long avax 10.2, sl 9.836, t1 10.746. key today is 10.2 cap, where bids dried up post-liquidity sweep. v-shape reclaim signals buyers' intent; williams %r (-61.6) adds fuel. expecting a test of nearby 10.5 resistance, targeting 10.746, invalidated sub-9.836.
Market context
What was true around AVAX when this call was published.
There were no other open AVAX calls when this was published.
This was among their first calls — no graded record existed yet.
Across all 38 graded AVAX calls on TradeLiveX from 32 traders, 47% closed above breakeven with a mean of +0.10R.
Discussion
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