Based on my previous post on AVAX, I bias that this fifth wave impulse down is going to be truncated because there is already bullish divergence in MACD 1D, wave4 retrace more than 38.2% of wave1+3 and the structure of this fifth wave has already shown to have 9 swings which indicate that it is an extended impulse wave. However, there is still a chance that this last fifth wave can instead create 13 swings which are another 4 swings that move down and create a new low below the start of the fourth wave. The scenario that is going to make AVAX bullish is the price has to exceed the high of the previous swing(18.5USD) then the price may retrace a little and if the price still can hold and break the white color resistance level then it is confirmed that the price will continue to bullish.