AVAX COIN 20% PUMP ALERT
SIGNAL TYPE : LONG
COIN NAME : $AVAX
1) This chart shows AVAX on a daily timeframe and presents a long trade setup based on technical analysis patterns and indicators. Here's a detailed explanation.The chart shows a falling wedge or descending broadening wedge pattern with converging white trendlines. Within this pattern, there is a clear double bottom or "W" shape highlighted by the yellow lines. The price has broken above the upper trendline of the wedge, signaling a potential bullish breakout. A strong upward move followed the breakout (yellow vertical arrow), indicating strong bullish momentum. RSI is near 57, indicating moderate bullish momentum with room to run before overbought conditions. MACD lines are above zero and the histogram is positive but showing slight bearish divergence, indicating momentum could be slowing but remains bullish.
2) This chart shows the Total 3 on a 4-hour timeframe and suggests a potential long trade setup. Here’s the detailed breakdown.The chart displays a falling wedge pattern, defined by two converging downward sloping white trendlines.The price has bounced off the lower wedge boundary, indicating strong support.The blue zigzag lines show the recent price movement forming a classic W-shaped double bottom pattern inside the wedge.
ENTRY PRICE : 20.94 (or market price)
1st tp: 24.49
2nd tp: 30.64
3rd tp: 43.89
SL : IS YOURE
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