Avalanche [AVAX] Pennant formation
Hi everyone,
It looks like Avalanche is currently trading with a triangle formation. The main bullish trend we are looking at is likely to continue
We are still waiting a solid breakout that can be confirmed with the right price action and volume .
After breakout, potential resistance can be found near the fib. cluster setup as highlighted in the chart. Breaking this resistance could lead to a ATH retest
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It looks like Avalanche is currently trading with a triangle formation. The main bullish trend we are looking at is likely to continue
We are still waiting a solid breakout that can be confirmed with the right price action and volume .
After breakout, potential resistance can be found near the fib. cluster setup as highlighted in the chart. Breaking this resistance could lead to a ATH retest
🌜 If you enjoy this idea, please like and leave a comment 🌜
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