After reaching a new high of more than $65 on September 12, Avalanche (AVAX) appears poised to hit $80 in accordance with a classic technical pattern. Following a strong price move higher, the structure emerges as a brief sideways/downward trend. Bull Flag patterns typically resolve after a break above their upper trendlines, with prices pushing as high as the height of the previous uptrend, i.e. Flagpole.