BINANCE:AVAXUSD   AVAX / US Dollar (calculated by TradingView)
First and foremost this is my own hypothesis and in no way suggests a buy or sell advice.

We reached a bottom during the correction phase of our white impulse towards $76.

We are now in the process of forming our wave 3 which will most likely go for the 1.618 Fibonacci to reach $235 before correcting again.

Furthermore, we will be able to validate the bullrun scenario once Avalanche has passed $131.

A first objective towards $200 offering us a beautiful opportunity of 90%, attention in counterpart not to go down below $96.

Let's give AVAX time to validate this analysis.

If you agree with this scenario let me know with a like.

Otherwise let me know your point of view with a comment!

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.