AvaLabs is setting up for a massive run ! Magnificent chart on the daily !
On the way of forming a cup & handle following an cycle of 45 days ish For quick profit I would set my target between 44 and 47.
Once a small resistance will establish at fib .786, we would be set for a splash, up to the previous ATH 60$
In my opinion with an Avalanche being in important actor in the DeFi ecosystem and some upcoming good news for Q2, I would see AVAX value rise up to at least 90$ before mid-may
As I mainly DCA in project with such high value potential, I am waiting for the price to meet me at fib 0.5 (approx 32-34$)
Would send a strong message to the bears if we could close on the 0.618 line !
Dont think we would ever see the solid support of 22$ unless big crash happens.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.