AVAX is currently respecting a clear bullish channel on the 1H timeframe. Price just tapped the lower trendline and key Support Zone #1, forming a potential higher low setup.
If this trendline holds, I’m expecting a bounce targeting the 19.50–20.00 resistance zone — aligning with the top of the channel.
📌 Entry Zone: Around 17.50
🎯 Target: 19.50–20.00
🛑 Stop: Below 16.90
This setup offers a clean risk-to-reward and follows the broader channel structure. Watching for a confirmation bounce or bullish engulfing candle off support before entering.
💬 Let me know what you think — bullish continuation or deeper pullback incoming?
#AVAX #CryptoTrading #PriceAction #BullishChannel #TradingView #TA #Altcoins
If this trendline holds, I’m expecting a bounce targeting the 19.50–20.00 resistance zone — aligning with the top of the channel.
📌 Entry Zone: Around 17.50
🎯 Target: 19.50–20.00
🛑 Stop: Below 16.90
This setup offers a clean risk-to-reward and follows the broader channel structure. Watching for a confirmation bounce or bullish engulfing candle off support before entering.
💬 Let me know what you think — bullish continuation or deeper pullback incoming?
#AVAX #CryptoTrading #PriceAction #BullishChannel #TradingView #TA #Altcoins
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Explore 5,000 Strategies at quanttradingpro.com
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.