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Let’s dive into the analysis of AVAX (Avalanche).
👀 AVAX – 4H Market Structure Overview
On the 4-hour timeframe, after breaking its descending trendline, AVAX showed very strong bullish bias.
Even the pullback after the breakout was very shallow. Price then compressed like a spring and pushed away from the breakout zone with large whale-sized candles.
AVAX is now ranging just below a major resistance.
If this resistance breaks and price holds above it, we can say AVAX is likely to continue its bullish trend.
📊 Volume Analysis
Pay close attention to volume:
• The first volume spike came right after the bearish trendline breakout.
• The second volume increase appeared during the pullback completion at the $13.94 support.
• Now we are seeing the third wave of rising buy volume below resistance. This structure suggests that AVAX may be preparing for another multi-timeframe bullish rally, potentially transferring this momentum into higher timeframes.
✔️ AVAX/BTC – Additional Confirmation
Looking at AVAX/BTC gives us a different perspective.
This pair is strongly bullish, confirming that AVAX deserves to stay on our watchlist for potential positions.
AVAX/BTC completed its correction while staying above a bullish curve structure and, just like AVAX/USDT, it is now sitting below resistance.
This resistance creates a trigger at 0.0001654, which is a key breakout level for confirmation.
📌 Trading Scenarios for AVAX, Below are the scenarios you can use alongside your own trading strategy. 👇🏻
🟢 Long Scenario
A breakout above the current AVAX resistance at $13.94, supported by rising buy volume, could start another bullish rally.
However, keep in mind:
• This is still the first direct test of resistance
• Any immediate entry here would be considered high risk
The safer approach is to:
• Wait for a pullback and consolidation
• Then enter after buy volume increases and the pullback structure completes
🔴 Short Scenario
A strong rejection from resistance, followed by:
• A lower high compared to the previous top
• A break of the new local low
• And the appearance of bearish patterns such as Failure Swing or Non-Failure Swing
can offer a valid short entry.
Even if we see equal highs, a confirmed break of the local low can still provide a short opportunity.
🛞 Risk Management & Disclaimer
Please remember to always use proper risk management and position sizing. Nothing in this analysis is financial advice. The market can change quickly, so always trade based on your own strategy, research, and risk tolerance. You are fully responsible for your own trades.
Let’s dive into the analysis of AVAX (Avalanche).
👀 AVAX – 4H Market Structure Overview
On the 4-hour timeframe, after breaking its descending trendline, AVAX showed very strong bullish bias.
Even the pullback after the breakout was very shallow. Price then compressed like a spring and pushed away from the breakout zone with large whale-sized candles.
AVAX is now ranging just below a major resistance.
If this resistance breaks and price holds above it, we can say AVAX is likely to continue its bullish trend.
📊 Volume Analysis
Pay close attention to volume:
• The first volume spike came right after the bearish trendline breakout.
• The second volume increase appeared during the pullback completion at the $13.94 support.
• Now we are seeing the third wave of rising buy volume below resistance. This structure suggests that AVAX may be preparing for another multi-timeframe bullish rally, potentially transferring this momentum into higher timeframes.
✔️ AVAX/BTC – Additional Confirmation
This pair is strongly bullish, confirming that AVAX deserves to stay on our watchlist for potential positions.
AVAX/BTC completed its correction while staying above a bullish curve structure and, just like AVAX/USDT, it is now sitting below resistance.
This resistance creates a trigger at 0.0001654, which is a key breakout level for confirmation.
📌 Trading Scenarios for AVAX, Below are the scenarios you can use alongside your own trading strategy. 👇🏻
🟢 Long Scenario
A breakout above the current AVAX resistance at $13.94, supported by rising buy volume, could start another bullish rally.
However, keep in mind:
• This is still the first direct test of resistance
• Any immediate entry here would be considered high risk
The safer approach is to:
• Wait for a pullback and consolidation
• Then enter after buy volume increases and the pullback structure completes
🔴 Short Scenario
A strong rejection from resistance, followed by:
• A lower high compared to the previous top
• A break of the new local low
• And the appearance of bearish patterns such as Failure Swing or Non-Failure Swing
can offer a valid short entry.
Even if we see equal highs, a confirmed break of the local low can still provide a short opportunity.
🛞 Risk Management & Disclaimer
Please remember to always use proper risk management and position sizing. Nothing in this analysis is financial advice. The market can change quickly, so always trade based on your own strategy, research, and risk tolerance. You are fully responsible for your own trades.
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t.me/FireHoseReel
☄️ Trade & Earn
bitunix.com/register?inviteCode=28r21f
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🔥 Join the Action Now 🔥
☄️ Telegram
t.me/FireHoseReel
☄️ Trade & Earn
bitunix.com/register?inviteCode=28r21f
☄️ Telegram
t.me/FireHoseReel
☄️ Trade & Earn
bitunix.com/register?inviteCode=28r21f
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.