Avalanche (AVAX) is rising quickly. In our premium environment, our analysts have delved deeper into the causes and possible consequences of this trend. The following analysis provides new insights into price that can help you make investment decisions.
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New entry opportunities for Avalanche (AVAX)
Crypto Insiders analysts recently made a new AVAX analysis available in the Premium environment. In this analysis they highlighted the following points:
“AVAX has seen a very strong increase since the beginning of this month. This upward move forms an Elliott Wave pattern at 12345, which is interesting because it is an inner wave of a larger wave 3.
Based on our analysis, we expect an ABC Elliott wave pattern down towards the green zone around $34. We will personally think about expanding our position here. We expect further upward movement in the form of wave 5.
An important aspect to keep in mind is our void limit, which is $25. If the market falls below this level, we will have to reconsider our current expectations.”
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Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences. These therefore serve exclusively educational purposes
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