Avax Double Bottom
Updated
Look like 
AVAX is creating a double bottom on the daily candles.A double bottom, also known as a W-Pattern (for its W-shape), is a bullishly biased pattern.
The target of a W-pattern breakout is as big as the pattern itself. My TP for this pattern is $26,23 (Looking at the past, this is also an important resistance zone forAVAX).
All still depends on what BTC will do. Bullish until proven otherwise. Will stay updating if something happens.
AVAX is creating a double bottom on the daily candles.A double bottom, also known as a W-Pattern (for its W-shape), is a bullishly biased pattern. The target of a W-pattern breakout is as big as the pattern itself. My TP for this pattern is $26,23 (Looking at the past, this is also an important resistance zone for
AVAX).All still depends on what BTC will do. Bullish until proven otherwise. Will stay updating if something happens.
Comment
Still holding, so the pattern is still valid.Order cancelled
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