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✅ Setup Overview
Chart: Avalanche (AVAX) / USD, 30-minute timeframe (Coinbase)
Pattern: Descending trendline breakout
Trade Type: Long (Buy)
📌 Key Levels
Entry: ~$20.77 (at trendline breakout + above yellow zone)
Stop Loss: ~$20.34 (recent low/support zone)
Target 1: ~$21.23 (first resistance zone)
Target 2: ~$21.91 (major green resistance)
📊 Trade Justification
Trendline breakout confirmed with candle close above resistance
Bounce from a strong support zone at ~$20.34
High reward-to-risk ratio (2:1+), targeting resistance levels
📢 Suggested Caption for Sharing:
✅ AVAX/USD Long Setup (30M)
Trendline breakout with strong support holding!
🔹 Entry: 20.77 | SL: 20.34 | TP1: 21.23 | TP2: 21.91
Let’s ride the momentum!
#AVAX #CryptoTrading #LongSetup #Breakout #TradingView
✅ Setup Overview
Chart: Avalanche (AVAX) / USD, 30-minute timeframe (Coinbase)
Pattern: Descending trendline breakout
Trade Type: Long (Buy)
📌 Key Levels
Entry: ~$20.77 (at trendline breakout + above yellow zone)
Stop Loss: ~$20.34 (recent low/support zone)
Target 1: ~$21.23 (first resistance zone)
Target 2: ~$21.91 (major green resistance)
📊 Trade Justification
Trendline breakout confirmed with candle close above resistance
Bounce from a strong support zone at ~$20.34
High reward-to-risk ratio (2:1+), targeting resistance levels
📢 Suggested Caption for Sharing:
✅ AVAX/USD Long Setup (30M)
Trendline breakout with strong support holding!
🔹 Entry: 20.77 | SL: 20.34 | TP1: 21.23 | TP2: 21.91
Let’s ride the momentum!
#AVAX #CryptoTrading #LongSetup #Breakout #TradingView
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.