AVAX is one of the most talked about coins these days and is currently consolidating. When we look at its chart, we see the formation of a range structure. We see that the price made a deviation, but was not able to cross the order blocks in the red box harshly. If the price strengthens, it may want to pull back to $20.3, fill the gap there, and come back to the range high point, which is $22.5. These levels are very important for us in AVAX.
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When analyzing coins, it is necessary to look at their parity. When we look at the AVAX/BTC parity, we see that it received a response from an important order block and OTE area. This is another signal that Bitcoin will continue to rise unless it breaks down.
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