Avax is bullish because it is moving in this parallel channel. If at any point it breaks the rising support, it will go down so must place stoploss.
It is also making series of higher highs and lower highs which is indicating an upward trend.
It is also making series of higher highs and lower highs which is indicating an upward trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
