🔥 AVAX Great Reversal Potential With High Risk Reward

١٣ يوليو ٢٠٢٣

A few weeks ago I made an analysis on AVAX and the double-bottom reversal I spotted on the weekly chart.

This analysis is a more shorter-term focused view, but bullish nevertheless.

I'm looking at the bottom support line, which seems to hold and cause a reversal. For the best risk-reward, I'm targeting the April highs, around 21.40$. Stop below the support.

For a less risky trade, consider taking (partial) profits around 15$ and/or 18$.