Hello traders 🐺 .

I think it’s time to keeps our eyes on the AVAX , because it could make significant profit for us , but why I’m saying that ?

1_ my first reason is :
break the daily descending channel

in the picture above , we can see that for the first time AVAX finally success to break the descending channel to the upside , and this is a very good sign , but in my opinion we must wait for the confirmation of this break in the daily chart , because for now AVAX just break the channel and volume at the point of the break out isn’t considerably high and based on this fact I think it’s better to wait for the confirmation but it’s not only reason , my second reason for waiting for the confirmation is that it’s part of my strategy .

2_ EMA Ribbon flipped into the bullish :

in the daily chart you can see that the AVAX is breaking above the EMA Ribbon and the EMA Ribbon now trying to flip into the bullish , and I think there is strong possibility for retesting it again for the confirmation .

Thank you guys for reading my idea , also don’t forget to like my ideas and follow me for more support🙏.