Analysis Update: AVAX Bull Run Imminent? 🚀
This analysis is an update to the setup found in the Related Ideas section below.
As predicted in the previous post, price has successfully reached the red resistance zone. Given the consecutive trendline breakouts, we are expecting AVAX to launch upward from the upper Demand Zone.
Key Technical Factors:Trendline Break: Both short term and long-term trendlines have been broken.Accumulation: Price is currently gathering liquidity and buy orders for the next leg up.
Timeframe: This analysis is based on the Daily (1D) chart, so please be patient as these moves require time to play out.Trading Plan:Closely monitor both highlighted zones for entry signals.
Stop Loss (SL): Your stop must be placed strictly below the lowest swing low.Targets: Profit targets have been updated on the chart.Stay disciplined and wait for the price action to confirm the move!
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think AVAX is bullish?
This analysis is an update to the setup found in the Related Ideas section below.
As predicted in the previous post, price has successfully reached the red resistance zone. Given the consecutive trendline breakouts, we are expecting AVAX to launch upward from the upper Demand Zone.
Key Technical Factors:Trendline Break: Both short term and long-term trendlines have been broken.Accumulation: Price is currently gathering liquidity and buy orders for the next leg up.
Timeframe: This analysis is based on the Daily (1D) chart, so please be patient as these moves require time to play out.Trading Plan:Closely monitor both highlighted zones for entry signals.
Stop Loss (SL): Your stop must be placed strictly below the lowest swing low.Targets: Profit targets have been updated on the chart.Stay disciplined and wait for the price action to confirm the move!
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think AVAX is bullish?
Operación activa
The supply zone in this analysis worked perfectly, and the price got rejected.We expect at least a move down toward the green box. To collect more liquidity, there’s a good chance the previous low will also be hunted. One more bearish C wave remains in this structure.
In this analysis, the upper demand zone from the previous analysis has been invalidated, and we expect further downside for Avalanche.
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✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.