COIN - $AVAX
SIGNAL - LONG
The AVAX/USDT chart shows a symmetrical triangle pattern, indicating potential consolidation before a breakout. Bollinger Bands suggest narrowing volatility, while RSI and Stochastic Oscillator are climbing from neutral zones, indicating bullish momentum. The current price is nearing the triangle’s apex, pointing towards an upward breakout. A confirmed move above $37.87 would support a bullish outlook, targeting $44.24, while maintaining support at $35.71 ensures risk mitigation. Overall, AVAX exhibits a bullish bias for the longer time frame.
The TOTAL3 chart shows a clear bull flag pattern on the 4-hour timeframe, which is a strong continuation signal. The price is consolidating above support levels, with moving averages trending upward. RSI and Stochastic Oscillator are recovering from oversold zones, indicating renewed bullish momentum. Breakout potential is evident, targeting higher market cap levels near $984B. As long as support holds around $882B, the overall trend remains bullish. This further supports a positive outlook for altcoins, including AVAX, on a longer time frame.
This chart illustrates a potential reversal with AVAX consolidating near key support levels. The liquidation heatmap indicates reduced selling pressure, and the price seems to stabilize. Early signals of accumulation suggest a bullish sentiment for a longer timeframe.
Trade Details:
Entry: Around 35.75 ( Join my Binance live for premium crypto signals )
1st Tp: 39.94
2nd Tp: 42.36
3rd Tp : 43.70
$avax
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