AVAXUSDT - Avalanche --> Entry for 30% Profits

Here's a trade I've been chasing since BTC shot back up. Had a good couple entries but got cold feet waiting for BTC dip. Have committed a bit harder here and AVAX now appears its testing for a breakout above recent high and 0.5 FIB, $30.3

Buy on the trend line if you see it bounce off of it, thus far its respected it so I will definitely buy more if it comes back to that level in the short term.

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Fundamentals
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Rank #41
Market Cap = $3,889,631,890
Decentralized identity authentication
Total Supply = 720,000,000
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What Is Avalanche (AVAX)?
Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services.

Trade fechado: objetivo atingido:

So the play here was the breakout, my mistake! I should have discussed it as another trade scenario here.

I have taken profit and am out of this trade now. If i put in a larger amount i probably let this ride longer, with btc pump and how bullish its still behaving, i think it can go higher, MAYBE test previous high.