M00N_BEAMS

Avalanche [AVAX] Pennant formation

BINANCE:AVAXUSDT   AVAX / TetherUS
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


🌜 If you enjoy this idea, please like and leave a comment 🌜

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.