Technical analysis by CryptoinsightUK about Symbol AVAX: Buy recommendation (9/9/2021)

Cup and Handle Pattern. With a potential breakout target of 22.4%.Hourly Price action has been held down by the 200 EMA twice.Decreased volume indicates a potential momentum swing coupled with finding support on the top of the 50 EMA and the RSI potentially bouncing off the 50, could indicate a change in direction.A potential play could be to trade the breakout of the handle, or a confirmation of the break above the 200 EMA.