AVAX is currently trading on the last strong support before a potential 30% to 40% drop. Furthermore, AVAX is hugging the top resistance from back in May.
With AVAX trading in the outmost edge of the triangle, we're going to see some kind of break out in the near future. Ideally, the break out will occur with strong volatility. So please be patient for the break out.
My targets are placed at a relatively far distance, making it a longer-term trade. Bullish break out: $30, bearish break out: $9.50.
With AVAX trading in the outmost edge of the triangle, we're going to see some kind of break out in the near future. Ideally, the break out will occur with strong volatility. So please be patient for the break out.
My targets are placed at a relatively far distance, making it a longer-term trade. Bullish break out: $30, bearish break out: $9.50.
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