Avax has made a new weekly and monthly high close situating it very nicely for a 200%-400% move up. If the D1 closes above $50 again, this move could happen in a 2-3 week time frame. Losing $38, invalidates this.
If price gets in the 200s it will definitelly be a blow off top, I'm fairly certain it will retrace hard to $90-100. I will definitelly look to short above $250.
If price gets in the 200s it will definitelly be a blow off top, I'm fairly certain it will retrace hard to $90-100. I will definitelly look to short above $250.