Avax Double Bottom

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Look like AVAX is creating a double bottom on the daily candles.A double bottom, also known as a W-Pattern (for its W-shape), is a bullishly biased pattern.

The target of a W-pattern breakout is as big as the pattern itself. My TP for this pattern is $26,23 (Looking at the past, this is also an important resistance zone for AVAX).

All still depends on what BTC will do. Bullish until proven otherwise. Will stay updating if something happens.
Ghi chú
Still holding, so the pattern is still valid.
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Unvalidated
Chart Patterns

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