Long AVAXUSD - A rise to $235

First and foremost this is my own hypothesis and in no way suggests a buy or sell advice.


We reached a bottom during the correction phase of our white impulse towards $76.

We are now in the process of forming our wave 3 which will most likely go for the 1.618 Fibonacci to reach $235 before correcting again.

Furthermore, we will be able to validate the bullrun scenario once Avalanche has passed $131.


A first objective towards $200 offering us a beautiful opportunity of 90%, attention in counterpart not to go down below $96.


Let's give AVAX time to validate this analysis.

If you agree with this scenario let me know with a like.

Otherwise let me know your point of view with a comment!