AVAX long

AVAX looking good here. currently testing HTF support and lower triangle trendline, needs to break through LTF resistance from the last week. Declining volume on the recent move down.
Once that happens I think it will rip towards the top of the triangle.
Still a bit risky as unsure as to what BTC will do in the coming days.
TP of the top of triangle/0.702 retracement of the recent move down.
FibonacciSupport and ResistanceTrend Lines

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Penafian