The AVAX chart displays a descending triangle pattern, often indicating potential short-term bearishness, but a breakout above resistance could flip this bias. The RSI shows a neutral stance, suggesting consolidation, while the stochastic oscillator leans toward an oversold zone, implying upward momentum is building. With strong support levels holding, AVAX has a bearish outlook for the short term due to consolidation but maintains a bullish perspective for the longer time frame. The volume profile highlights a potential breakout zone, aligning with a bullish continuation pattern. Patience is key, as a breakout could confirm the longer-term bullish trend.
The TOTAL3 chart highlights a bull flag, a pattern signaling potential bullish continuation. RSI shows neutrality, indicating room for upward movement, while the stochastic oscillator sits in an oversold zone, supporting a bullish scenario. The chart's longer time frame suggests a solid uptrend with increasing strength. However, shorter-term consolidation could occur before a breakout. Volume indicators align with potential bullish activity, and the pattern's breakout could drive TOTAL3 higher. This setup confirms a bearish bias for the short term, yet a bullish projection for the longer frame, supporting optimism for altcoins like AVAX within the broader crypto market.
The chart illustrates a consolidation phase for W coin, with support near $36. Liquidation levels suggest reduced volatility. Indicators lean bearish short term, yet bullish momentum could build in the longer time frame.
Entry: 36.46 or Market Price
1st Tp: 37.36
2nd Tp: 38.38
3rd Tp : 39.13
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