Avalanche eyes 60% rally as AVAX price breaks out of bull flag -Breaking
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Avalanche (AVAXIts case for an upside run to $160 is strengthened by the break out from its bullish pattern this week.
“bull flagThe pattern is formed when the price moves sideways or lower between parallel trendlines (flag), after it has experienced a significant upside move (flagpole). In theory, later, the price will break out from the channel range and continue its uptrend. It tends to increase by at least the flagpole’s height.
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