COIN - $AVAX
SIGNAL - LONG
The AVAX/USDT weekly chart demonstrates a breakout from a long-term descending trendline, accompanied by rising RSI levels, signaling bullish momentum. The formation of a higher low and price stabilization above support further solidify potential upside. Targets suggest a move toward $100-$160, contingent on sustained volume and overall market conditions, affirming bullish sentiment for AVAX.
The "Others" chart highlights a breakout from a well-formed cup and handle pattern on the daily timeframe, signaling a strong bullish continuation. The breakout above significant resistance is supported by increasing RSI and EMA ribbon alignment, reflecting a robust upward momentum. This structure indicates potential for a substantial rally, aligning with broader market sentiment. AVAX and other altcoins appear poised for bullish moves under these market conditions.
The Total3 chart demonstrates a well-defined cup and handle pattern, with a breakout above resistance signaling strong bullish momentum. The EMA ribbon alignment supports upward trends, and RSI levels confirm increasing buying pressure. This structure suggests a continuation rally, with altcoins, including AVAX, poised for significant growth. The setup aligns with bullish market dynamics, reinforcing confidence in sustained upside potential.
Entry: 48.99 or Market Price
1st Tp: 97.63
2nd Tp: 123.64
3rd Tp : 156.40
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$avax
