Hidden Bullish Setup on AVAX ā Just Revealedš„šÆš
$AVAX Hello Traders šŗ
In this idea, I want to talk about one of the top altcoin projects in the crypto spaceāAVAX. If youāve been around, you probably know the name... but hereās why Iām bullish on it right now: š„š
ā
1. Massive Weekly Triangle Pattern
On the weekly timeframe, AVAX is already inside a huge triangle formation, whichāif it breaks outācould push the price to at least its previous ATH (~$165). If you enter now, thatās potentially a 750% profit! šš°
Iāll go deeper into this long-term price target in a future idea, because this move still needs to break the weekly resistanceāand there are multiple resistance levels along the way. But for now, weāre focusing on the immediate short-term setup. ā ļøš
ā
2. Repeating Price Patterns Inside the Triangle
Inside this gigantic triangle, AVAX price tends to repeat a similar structure each time:
The first pattern was made of converging trendlines ā breakout ā strong pump to the triangleās top.
The second setup was a falling wedge ā breakout ā same explosive move.
š And now guess what? We have another bullish channel, and itās currently breaking out as we speak! āšā”ļøš
So make sure to act accordingly and keep your eyes on the chart! šš„
and always remember :
šŗ Discipline is rarely enjoyable , but almost always profitable šŗ
#onchain #avax #UnstoppableTrader $FET $TAO