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AVAXETH

AVAX/USDT WEEKLY CHART UPDATE !!AVAX/USDT weekly chart shows a long-term bullish trade setup, indicating significant potential for price expansion. AVAX/USDT is consolidating within a large symmetrical triangle. The upper trendline acts as resistance, while the lower trendline provides strong support. The price is near the breakout point, indicating a potential resolution of the pattern. The red moving average (likely the 50-week MA) is supporting the price, further strengthening the bullish outlook. The large green arrow suggests a potential breakout towards $140–$160. This aligns with the technical measurement of the height of the triangle added to the breakout point. Confirmation of the breakout will likely require increased trading volume and sustained momentum above the resistance line. If the price fails to break out and drops below the lower trendline (around $25–$30), the bullish thesis will be invalidated. If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters! Thanks for your support!
Long
by CryptoSanders9563
AVAX❄️ triangle breakoutAvalanche broke up this triangle📐 and I think there is chance for run to 19.43 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback. ENTRY : local high @ 17.34 STOPLOSS (SL) : local low @ 16.06 TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 19.43 REWARD RISK RATIO (RRR) : 1.63 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
AVAXUSDT, We are in wave C or 2 ??Hello everybody According to the chart and previous analysis, we shown on chart 3 zone that is the support zone of the price and the point of swing can be happen in there zone. In here exactly first support zone was activated exactly. We need to have correction of our breakwave that make ATH in here we have a wave that we can say it can be A or ABC both of the is correct and the acceptance of that to know which one we should name it is if the price can break this first support zone below the name of the wave is A and we are going to complete wave C and if the price rise up from here and can break the resistance zone at the top (ATH) we name it ABC. Because of the movement that is hard to say which scenario can be happen we shown on chart that you can but 1 step in first support and if the second scenario happend you can buy in other support zone area to reduce average purchase. This is analysis and you can entrance in position and spot trading with your own analysis and capital management this is just view of the analysis for helping anyone. Good Luck Abtin Previous analysis :
Short
by Abtin00