Avalanche (AVAX) has pulled back about 20% from its recent peak since our last update, prompting us to adjust our wave count. At present, we see the coin in green wave [ii], which is subdivided into a beige (a)-(b)-(c) three-part move, with wave (c) currently in progress. Once it bottoms out, wave [ii] should also be complete. From there, we expect wave [iii] to push AVAX above the newly established resistance at $36.19.
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