AVAX / TetherUS
Panjang

🔥 AVAX Potentially Reversing: Update

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Around a week ago I made an analysis on AVAX. In this analysis I argued that AVAX broke out of the bearish wedge and was likely going down some more. I indicated the reversal area as a potential area of strong support.

🔥 AVAX Bearish Wedge Break Out: Reversal Soon?


As it appears now, AVAX has found support inside the reversal area. Two green days in a row have been printed thus far. If we can get a daily close above $60 in the coming days, I'm expecting the continuation of the bullish move from August.

First major target is at $75.

Happy trading!

Penafian

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