Avalanche / AVAXUSD is trading inside a massive Triangle pattern for the entirety of its history.
The price just hit its bottom this week and is rebounding with force.
The first target is 45.000, right at the top of the pattern.
If however the 2021 Bull Cycle is confirmed then the price can break massively above the Triangle and exceed $300, but this is arguably an ambitious target.
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The price just hit its bottom this week and is rebounding with force.
The first target is 45.000, right at the top of the pattern.
If however the 2021 Bull Cycle is confirmed then the price can break massively above the Triangle and exceed $300, but this is arguably an ambitious target.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Disclaimer
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.