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Avalanche (AVAX) - Rounding Bottom & Retest
Avalanche
Long
Avalanche (AVAX) - Rounding Bottom & Retest
By Kemsdale
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Jan 29, 2024
4
Avalanche is looking ready to move higher after a rounding bottom formation.
It broke out and now has retested the neckline and formed a semi decent hammer reversal.
Avalanche as many of you would be aware has got one of the highest transaction speed compared to the likes of Ethereum and Polkadot.
I would no way claim to be an expert on blockchain but from what I have read, AVAX is deemed to have a lot of potential.
Stop just below 27
Target would be 60.
Supply and Demand
Support and Resistance
Trend Lines
Kemsdale
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