🔥 AVAX Potential Channel Break Out Soon

In my previous AVAX analysis I argued that it was expected that AVAX made a push towards the top of the channel. That trade in particular was a great success!

For now, it appears that AVAX is showing signs of consolidation near the top of the channel. This consolidation phase could result in either a bullish break out or a bearish reversal, highly influenced by Bitcoin's behaviour of course.

In case of a bullish break out, wait for the break out to actually happen before entering a trade.

Happy trading!