Shotokhan

Wait before entering AVAX

Shotokhan Updated   
BINANCE:AVAXUSDT   AVAX / TetherUS
I've been asked about AVAX which had a great run recently, I think that those interested will have to wait a little bit before opening a position. I'd set a price alert around the 0.5 Fib line, there's a supply/demand zone there, surrounded by not much activity. However if current price level holds up it's possible price bounces up from here, to be sure use price alerts!

It's also up to BTC, however just know that once BTC will go over 50K the last altcoins rally should start before the cycle ends.
Comment:
seems that price line held up, it was the last zone that could have worked as support before a dump.... it went this way. At this point I would wait before making a move on AVAX as the risk here is high

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