AVAX in a well-defined downtrend

AVAX in a well-defined downtrend

AVAX confirmed a bearish trend after the price broke out from a daily Head & Shoulders pattern.

We can likely see AVAX reach 15 quite soon.

A possible retest of 30.5 or the broken neckline is possible again before the price moves down further. However we can not rule out the possibility that it can also continue moving down slowly from the market price.

Targets:
🎯 21.10
🎯 15.50

You may find more details in the chart!
Thank you and Good Luck!

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