Coin Name : #AVAXUSDT🚀
Signal Type : Long
As we can see the $AVAX coin chart is currently trading within a descending channel forming a clear downtrend with lower highs and lower lows. Bullish divergence on the RSI signaling a potential trend reversal. FVG on the 2H&3H tf means if price breaks above it may target this liquidity zones. Several COCH suggests weakening selling pressure.
In the USDT.D chart we can see multiple COCH zones indicating past trend shifts. price is now forming a rising wedge signaling potential upside if the structure holds. price is forming lower lows and lower highs showing bullish momentum. A breakout above the rising wedge resistance can confirm a strong continuation to the upside.
Markets tend to move toward high-liquidity zones, where large liquidations take place. Institutional players strategically push prices into these areas to absorb orders before determining their next move.
Liquidity heatmap
Trade Setup :
Entry - 18.56
Tp 1 - 19.60
Tp 2 - 20.72
Tp 3 - 21.69
SL - 16.14
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