🔥 AVAX Bullish Channel: Reversal Area

A while ago I made an analysis on AVAX and the bullish channel it was trading in.

As of the last two days, the conditions for a reversal have been met. The price is trading on the channel's support, combined with a relatively bullish BTC and SP500 this could lead to a strong reversal in the near future.

Wait for a big green candle to confirm the reversal. Risk-loving investors might consider entering now.

Targets set at the recent local low and ATH.

Happy trading!