✴️ Avalanche Becoming Stronger, Bullish Bias Strengthens

3 ביולי 2023

Avalanche can be seen with a small cup and handle pattern, trading above the moving averages ema21 and ema10.

This is still consolidation before the major bullish breakout.

After the low 10-June we get a bounce and a retest of support. With support tested, we see consolidation above resistance that can lead to a sudden jump anytime.

It can literally surprise and go from two weeks of small/sideways candles, to big strong candles typical of Cryptocurrency bullish waves.

Needless to say, this information is supported by the indicators being bullish and a long-term high lower.

The targets can be seen green mapped on the chart with potential ranging as 30% and 115 in the short-term. Medium and long-term much more.

Namaste.