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We're all looking for altcoins that can make massive increases - but it's risky to jump in when the price is already close to previous ATH, or currently at ATH. AVAX is an alt that has started a new bullish cycle, but there is still lots of room for upside potential.
From a chart perspective, I would wait for a pullback before jumping in - it's running overbought after nearly 500% increase... and it's only the beginning of a new bullish cycle!
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CryptoCheck
We're all looking for altcoins that can make massive increases - but it's risky to jump in when the price is already close to previous ATH, or currently at ATH. AVAX is an alt that has started a new bullish cycle, but there is still lots of room for upside potential.
From a chart perspective, I would wait for a pullback before jumping in - it's running overbought after nearly 500% increase... and it's only the beginning of a new bullish cycle!
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
We thank you for your support !
CryptoCheck
Comment:
If we don't close the weekly above the second topout, the M-pattern will form that takes us much lower.
Comment:
Another altcoin I'm really bullish on:
