Here's a quick look at AVAX 1 hr chart. As we can see, the price has printed a falling wedge and we could see a break to the upside soon.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 58$
2. 60.5$
3. 64.5$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!