$AVAX Alert Folks Must Read Graph 💸📈

1. AVAX got close to reattempting the $30 level with the previous wick lows standing there.

It’s recovered nicely from those lows and is back near the yearly open. Price stepped

above it for a little bit but is now retesting the most recent breakout trendline.

2. Whether this happens now or in 3 months, I believe these large caps will be great trades

to make into the second half of the year.

3. With this trendline retest, it should be pretty easy to see AVAX validate a breakout or stay

within this range.

4. For a long position, look for a reclaim of the yearly open at $38.57 followed by a move

towards the previous range highs around $44. Under $44, I don’t expect AVAX to do

much. If AVAX reclaims the yearly open, expect a push to $41 and $44. The retest of the

current trendline should act as a good confirmation for this breakout staying possible.

Below it, look for a breakdown.

5. For a short position, look for a firm breakdown of the $35 level, which will lead AVAX to

the monthly open at $32.71 this would invalidate the recent uptrend and give way for a

breakdown of the monthly open, with support levels standing at $28.75 and $26.50.

#avax #MtGox #StartInvestingInCrypto #ETHETFsApproved #AVAX✅

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