AVAX Long Term Bullish - (April, Technical Analysis)

Avalanche (AVAX/USD) If in doubt, zoom out! Despite the recent crash on most coins, some have experienced a larger fall. However, AVAX is still forming: "Higher High's & Higher Low's" on the trend line pattern from the chart. Is this recent dump before the BTC halving a shakeout so that whales can accumulate even more??

AVAX held support from the recent crash touched perfectly on the 50% fib retracement at: "$35" and bounced off. A retest to $65 price in the future is very likely soon as Avalanche is still looking bullish long term for 2024.

Line of Support= $35🟢

Minor Resistance= $45🔴

Major Resistance= $65❌


Target!= $75🌟


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