Bitop’s recent analysis delves into the crypto market trends, highlighting key price action insights for AVAX, LTC, and TAO. AVAX experienced a breakdown from a triangle pattern, finding support around $22.23 before facing resistance near $23.6. This level aligns with the Fibonacci 0.618 retracement. The price may continue its downward trend to levels below $23. Investors can consider short positions at $23.33 (approximately Fibonacci 0.707). Take-profit targets for a short position are set at $21.7, $20.7, and $20. A stop loss above the previous high of $24.07 is recommended. Meanwhile, LTC broke out from its downtrend with gradual price increases, forming a small flag pattern before reaching around $116, slightly exceeding the bottom of the flag. This warrants long positions at market price. Take-profit targets for a long position are set at $122.3, $130, and $136.8. A stop loss below the previous low of $112 is recommended. Finally, TAO experienced a breakdown from its triangle pattern, finding support near $334.7 before rebounding to approximately $340.9. This level might test resistance upward. Short positions or short setups in the trading consolidation zone around $369.7 (approximately Fibonacci 0.5) can be considered if prices retest the trendline. Take-profit targets for a short position are set at $334, $315, $306, and $300. A stop loss above the previous high of $386.1 is recommended for this strategy.