$AVAX hit my target and grew by +60%.

Technical analysis works because human psychology works.

I'm keeping my spot position and not touching it, especially because many altcoins start shooting up.

As for me, it would be strange to get out of a top coin before all the altcoins rise.

Maybe this is just the beginning, but I will sit back and wait for the ATH.

Will this coin reach its peak, do you think?

#AvalancheAVAX

$AVAX tested the local support level.

As you might know, the “double bottom” pattern is often formed before the trend change and price reversal.

The potential of this pattern is equal to the first part of it — with the orange arrows I've highlighted the approximate area.

The ultimate target of this potential is located at the approximate mark of $40, approximately there will be local resistance, so this zone will be the target zone.

I now consider the trend to have changed to an uptrend definitively.

#AVAX