AVAX is showing signs of a strong bullish setup on the weekly chart, forming a double bottom pattern right at the lower support trendline of a long-term symmetrical triangle. This technical formation often indicates a potential trend reversal when confirmed with breakout and volume support.
Key Points:
-Double Bottom Support around $12–$14 with bullish momentum.
-Symmetrical Triangle structure compressing price for breakout.
-Breakout Zone near $27, a close above this level may trigger strong upside.
-Upside Target: Short-term Target- $45; Long Term Target - $125
Invalidation: A Break below $15 support could negate the setup.
Cheers
Hexa
AVAX 
AVAXUSDT
Key Points:
-Double Bottom Support around $12–$14 with bullish momentum.
-Symmetrical Triangle structure compressing price for breakout.
-Breakout Zone near $27, a close above this level may trigger strong upside.
-Upside Target: Short-term Target- $45; Long Term Target - $125
Invalidation: A Break below $15 support could negate the setup.
Cheers
Hexa
AVAX AVAXUSDT
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.