The chart for AVAX/USDT on the 4-hour timeframe demonstrates a clear ascending channel, signaling a consistent bullish trend. The RSI is above 60, confirming buying momentum without reaching overbought levels. Price action near the upper trendline hints at potential breakout opportunities. Combined with EMA support, these factors support a strong bullish outlook for AVAX, aligning with your confidence in its continued rise.
The chart shows a textbook cup-and-handle pattern on the TOTAL3 index, indicating a bullish continuation for altcoins, including AVAX. The breakout above the resistance line suggests strong upward momentum, supported by high RSI values in the overbought zone. The projected target points towards significant gains, aligning with your confident bullish perspective for AVAX in the broader altcoin market.
The AVAX/USDT liquidation heatmap highlights significant support around $51 and heavy resistance near $54. The upward pressure with liquidity zones indicates potential bullish momentum, aligning with your confidence in AVAX's upward trend.
Entry: 57.36 or Market Price
1st Tp: 79.52
2nd Tp: 102.84
3rd Tp : 127.97
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