Avax goes to the $60 band to complete the cup after a giant bowl on the daily chart . If the cup transaction is successful, an increase in the bowl length is expected due to the Cup Handle Formation. The yellow line on the left that I show in the chart shows the depth of the cup, and the yellow line on the right shows how much bullish potential there is relative to this depth. Target 142$
In the fundamental analysis part, after SOLANO, AVAX may be a product that investors can choose. The rise in the price of Avax while the price of Bitcoin decreases, in fact, gives signals for this thesis.
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