AVAX is currently respecting a clear bullish channel on the 1H timeframe. Price just tapped the lower trendline and key Support Zone #1, forming a potential higher low setup.
If this trendline holds, I’m expecting a bounce targeting the 19.50–20.00 resistance zone — aligning with the top of the channel.
📌 Entry Zone: Around 17.50
🎯 Target: 19.50–20.00
🛑 Stop: Below 16.90
This setup offers a clean risk-to-reward and follows the broader channel structure. Watching for a confirmation bounce or bullish engulfing candle off support before entering.
💬 Let me know what you think — bullish continuation or deeper pullback incoming?
#AVAX #CryptoTrading #PriceAction #BullishChannel #TradingView #TA #Altcoins
If this trendline holds, I’m expecting a bounce targeting the 19.50–20.00 resistance zone — aligning with the top of the channel.
📌 Entry Zone: Around 17.50
🎯 Target: 19.50–20.00
🛑 Stop: Below 16.90
This setup offers a clean risk-to-reward and follows the broader channel structure. Watching for a confirmation bounce or bullish engulfing candle off support before entering.
💬 Let me know what you think — bullish continuation or deeper pullback incoming?
#AVAX #CryptoTrading #PriceAction #BullishChannel #TradingView #TA #Altcoins
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Create strategies, explore thousands of TradingView ideas, & backtest at scale across symbols, timeframes, & parameters.
🌐 quanttradingpro.com
💬 Research & discussion: discord.gg/2systG9frc
🌐 quanttradingpro.com
💬 Research & discussion: discord.gg/2systG9frc
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。