AVAX has been forming higher lows while capping out at diagonal resistance, tightening into a symmetrical triangle. Stochastic RSI is nearing the top, suggesting an explosive move could be near.
🟢 Scenario 1 – Bullish:
Breakout above the triangle + 50 EMA ($19.30) could push price toward $22–$24. Look for strong volume confirmation.
🔴 Scenario 2 – Bearish:
Failure to break out may lead to a rejection and revisit of major support around $15.50. Watch for loss of ascending structure as a warning sign.
This post is not financial advice.
🟢 Scenario 1 – Bullish:
Breakout above the triangle + 50 EMA ($19.30) could push price toward $22–$24. Look for strong volume confirmation.
🔴 Scenario 2 – Bearish:
Failure to break out may lead to a rejection and revisit of major support around $15.50. Watch for loss of ascending structure as a warning sign.
This post is not financial advice.
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Try our strategy optimizer at quanttradingpro.com
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。