Bullish Triangle Breakout: AVAX signals an imminent rally post a recent triangle breakout in the 4-hour chart.
Targeting $30: With resurfacing above $20, AVAX aims for a breakout rally targeting the $30 milestone.
Market Sentiment: Altcoins exhibit bullish continuation patterns, including AVAX, in preparation for a bullish December.
Uptrend Confirmation: Daily timeframe sustains AVAX's uptrend, reflecting opportunities for short-term traders.
Sideways Movement: November's failure to breach $25 results in a sideways gear, forming a triangle pattern in the 4-hour chart.
Underlying Demand: Despite the 4-hour cool-down, Avalanche sustains momentum with higher low formations, indicating strong demand.
YTD Performance: AVAX shows 100% YTD growth, remaining poised for a bullish December run.
Market Sentiments Boost: AVAX poised to leverage improving market sentiments for further bullish momentum.
Targeting $30: With resurfacing above $20, AVAX aims for a breakout rally targeting the $30 milestone.
Market Sentiment: Altcoins exhibit bullish continuation patterns, including AVAX, in preparation for a bullish December.
Uptrend Confirmation: Daily timeframe sustains AVAX's uptrend, reflecting opportunities for short-term traders.
Sideways Movement: November's failure to breach $25 results in a sideways gear, forming a triangle pattern in the 4-hour chart.
Underlying Demand: Despite the 4-hour cool-down, Avalanche sustains momentum with higher low formations, indicating strong demand.
YTD Performance: AVAX shows 100% YTD growth, remaining poised for a bullish December run.
Market Sentiments Boost: AVAX poised to leverage improving market sentiments for further bullish momentum.
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.