$AVAX – Daily Timeframe Outlook CRYPTOCAP:AVAX – Daily Timeframe Outlook
The chart is displaying a Triple Bottom reversal structure — a bullish formation that often signals trend exhaustion on the downside and the potential for a sustained uptrend if neckline resistance is breached.
🔹Triple Bottom Lows: $14.66 (Bottom 3), $15.20 (Bottom 2), $15.50 (Bottom 1) — strong accumulation zone
🔸Neckline Resistance: ~$25.80 – $26.00 — the key breakout trigger zone
🔹Immediate Support: $21.80 – $22.20 (former swing high support)
🔸Macro Resistance above Neckline: $28.50 – $30.00 zone
The three clean retests of the $14–15 region show strong buyer defense, signaling value accumulation
Current price action is in the mid-range between the neckline and recent support, with momentum recovering after the latest pullback
The pattern height (neckline to bottoms) suggests a sizeable upside potential if a breakout occurs
Volume expansion will be critical — breakouts without it risk turning into bull traps
⚡ Probable Scenarios
1. Bullish Continuation: Daily close above $26.00 with volume could confirm the Triple Bottom breakout, opening the door for a measured move toward the $36–38 zone
2. Range Continuation: Failure to clear $26.00 may keep CRYPTOCAP:AVAX in a sideways range between $22 and $26 until macro sentiment shifts
3. Bearish Breakdown: A close below $21.80 would weaken the setup, potentially dragging price toward the $19.00–$20.00 area for a deeper retest
Conclusion : The structure leans bullish, but the $26 neckline is the key battleground. A decisive reclaim above it could flip the long-term trend, while repeated rejections may keep #AVAX consolidating.
AVAXUSDT.3L trade ideas
avaxBased on my observations, I see a setup for a swing trade with significant potential.
Entry Strategy: I will look for confirmation around the $16.53 support zone. Ideally, wait for a bullish candlestick pattern (such as Hammer, Doji, or Bullish Engulfing) to form on the Daily timeframe as an early signal that buyers are starting to take control.
Stop Loss (Risk Management): This is the most important part. To protect capital if the support fails to hold, I will place a Stop Loss below the support zone, for example around the $14.50 level. A daily candle close below $16.00 will be a strong warning signal and a close below $14.50 will be a complete invalidation of this bullish scenario.
Take Profit: The main target of this setup is the resistance level at $55.54. And has a potential profit of more than +230% from the anticipated entry point.
Conclusion
AVAX/USDT is at a very crucial point. Holding support at $16.53 could be the trigger for a significant rally in the coming months. However, failure to hold this level will open the door for further declines.
With a tight Stop Loss, this setup offers an opportunity with a much greater reward/risk ratio. Let’s take a closer look at the price reaction at this support zone.
Disclaimer: These are my personal views and trading plan. It does not constitute financial advice. Do your own research (DYOR) before making any investment decisions.
$AVAX Weekly Chart Update – Massive Breakout Brewing!🚨 CRYPTOCAP:AVAX Weekly Chart Update – Massive Breakout Brewing!
#AVAX is showing a textbook falling wedge breakout on the weekly timeframe, and the setup looks 🔥 for a potential 10x+ move!
Here’s what’s happening:
✅ Structure: Multi-year falling wedge since 2021
✅ Breakout: Confirmed in late 2023
✅ Retests: ✅ Retest 1 & ✅ Retest 2 both held perfectly
✅ Support Zone: Strong accumulation by big players
✅ Accumulation Zone: $24-$20 — still in early entry zone!
🔰 Targets: $43/$85/$145/$302+ (Cycle extension target)
▪️ Measured move suggests +1400% upside potential
▪️ This is one of those charts you don’t want to ignore. Accumulation is likely done. Smart money already positioned. Now it’s about patience and trend continuation.
Chart looks ready. Momentum building. Are you riding this AVAX train? 🚀
Range Ending? MWC Correction Might Be Running Out of SteamBINANCE:AVAXUSDT 4H Timeframe Analysis 🔍
🧠 Cycle Breakdown:
• HWC (High Wave Cycle / Higher Timeframe Cycle): Ranging 🔁
• MWC (Medium Wave Cycle / Mid-Timeframe Cycle): Bullish 🔼
• LWC (Low Wave Cycle / Lower Timeframe Cycle): Bearish 🔽
Right now, the HWC has little to no influence, so we focus on the current correction phase of the MWC. That puts us in favor of long positions, as we expect this correction to eventually resolve to the upside.
🔎 Price Structure & Strategy:
Look closely — candles have formed a 15-minute range box. That means a breakout from this box won’t give us a massive move immediately, but it can still offer a decent entry depending on direction.
Since I use a breakout-based strategy, I’ve marked out my key support and resistance levels:
20.20 is a good level to look for long setups.
19.31 is where I’d consider a short, but keep in mind: going short here is against the MWC, so you’ll need tighter risk control.
🎯 Take-Profit (TP) & Reaction Zones:
If price breaks upward:
21.40 is a solid level to partial TP or manage risk.
23.00 is a stronger resistance and has a higher chance of reaction.
⚠️ Important: If price breaks out of the 15-min range box, it’ll count as a valid breakout — but again, expect smaller initial momentum.
Personally, I’ll take partial profits at 21.40, or even fully close the trade, because price might reverse before hitting 23. If not closing, I’ll at least move to breakeven.
📊 Volume Observation:
During the last drop, volume decreased — that’s a typical sign of a correction phase within the MWC, and it aligns with our long bias.
If you'd like me to analyze a specific coin, feel free to drop it in the comments
Without proper risk management, you're just a ticking time bomb ⚠️
— PXA 📊
AVAX Trade Setup – Support Zone Long OpportunityAvalanche (AVAX) has pulled back and is now approaching a key support area, offering a high-reward swing setup if bulls defend the level.
🔹 Entry Zone:
$20.00 – $21.00 (Support Zone)
🎯 Take Profit Targets:
🥇 $22.50 – $24.00
🥈 $27.00 – $29.00
🛑 Stop Loss:
Just below $18.50
AVAX Trade Setup – Waiting for Pullback EntryThe total crypto market has hit a key resistance zone, and many altcoins, including AVAX, are showing signs of exhaustion after recent rallies. AVAX surged from $14.00 to $23.00, and a pullback to support could offer a prime long entry.
📍 Entry Zone:
$20.00 – $21.00 (Area of support)
🎯 Take Profit Targets:
🥇 $22.50 – $24.00
🥈 $27.00 – $29.00
🛑 Stop Loss:
Just below $18.50
Are You Ready for a Major AVAXUSDT Move?Yello Paradisers! 👋 AVAXUSDT is at a critical juncture, and it’s essential to stay focused.
💎Currently, the AVAXUSDT is trading within a descending channel, but we’re seeing the potential formation of a bullish W pattern. This is where things get interesting.
💎If AVAX breaks out and closes a candle above the resistance zone, it will validate the W pattern, significantly increasing the chances of a bullish move. 🚀
💎On the other hand, if we see a pullback, the support zone could give us a double-bottom pattern. But we’ll need confirmation from a Change of Character (CHoCH) toward a bullish market structure to give us confidence in the reversal.
💎However, if the price breaks down and closes a candle below the support zone, our entire bullish scenario will be invalidated.
🎖The key here, Paradisers, is patience and discipline. Remember, only the best, highest-probability trades are worth taking. Stay sharp, follow the price action, and make sure your strategy is in place. That’s how you stay in the winner’s circle.
MyCryptoParadise
iFeel the success🌴
AVAXUSDT: Bullish Breakout or False Hope?Yello, Paradisers! 🌟 Are we about to witness a bullish breakout for AVAXUSDT? Let's dive in and find out!
💎AVAXUSDT has taken liquidity and formed a W pattern, breaking the descending channel. These factors are increasing the probability of a bullish move. However, for confirmation, we need a breakout and candle closing above the resistance zone, which will signal a strong bullish move.
💎While some might consider going long from here from the current price, But it's a low-probability setup. Therefore, it's better to ignore it for now. The overall crypto market has also shown bullish tendencies, but a pullback is expected. So, it's wiser to wait for better opportunities.
💎On the flip side, if there's a breakdown and the candle closes below the bullish order block, it will invalidate our bullish outlook.
🎖Remember, patience and discipline are key in this volatile market. Stay focused and wait for high-probability setups. This is how you make it far in your crypto trading journey. Be a PRO💰
MyCryptoParadise
iFeel the success🌴
#AVAX Ready to Skyrocket: Massive Gains Ahead!Hi everyone! Today, I'd like to highlight another top altcoin: AVAX. It has found strong support at the anchored VWAP and is currently retesting a previous high area. Recently, $AVALANCHE surged to retest the previous support level from 2021, around the $65 zone, which acted as resistance. Now, it's finding support from previous highs.
The VWAP is a highly regarded indicator, often used by institutional investors. Given this, it might be an excellent time to buy AVAX, as it appears ready to soar from its current range of $20 to $22. If it retests its all-time high of $148, we could potentially see returns of up to 500% from this point.
Will AVAX Price Test $100 In 2024?Avalanche protocol has a market cap of $14.1 Billion and is ranked 12th in the CMC. The volume of the AVAX has observed a surge of over 66% in the past 24 hours. It has a total supply of 442,544,533 in which 54.9% is circulating in the market. AVAX is currently trading near the value of $36 with a gain of 1.74% in the intraday session.
AVAX price is currently forming small consolidating candles on the daily chart. It is trading below the 50 and 100 EMA. The upside trend of AVAX can see a halt near the value of $40. Meanwhile the support of the asset price can be observed near $30.
The RSI of AVAX is near 47 with no slope in it suggesting its presence in the neutral zone. The overall momentum of the RSI is consolidating in nature.
Get ready to ride the avalanche with #AVAX! 🏔️💎 Paradisers, #AVAX has formed a 'W' pattern on the bullish Order Block (OB) zone, which enhances the probability of a bullish move.
💎 If #AVAXUSDT breaks out above the resistance level, we can set targets for the next resistance levels.
💎 In the case of a pullback, we could potentially see a triple bottom if the price shows bullish signs at the bullish OB.
💎 However, if the price breaks down below the bullish OB, it will invalidate the bullish signals. In that case, it's best to wait for better price action to develop.
Avax Trade Idea Setup - Avax performed very nicely and bounced back very strongly too from the Bear Market
- The weekly chart for Avax clearly shows that it has broken all its overhead supply
- The only thing that can help you enter Avax next would be a great retracement back to the zones I have mentioned
- 20-30% RETRACEMENT from an Investment perspective should be an opportunity for you and not a Panic scenario