This is a perfect chart setup. Price dynamics are revealing a strong potential for the development of a major bullish wave; let me explain.
There was a low around 10-March, followed by a small bounce. This small bounce I take as an early reversal signal but being early caution is advised. Then we have another support in the critical zone.
The initial bounce produced a lower low but there was strong buying right at the "critical level," this signal is strong. The low session ended as a Doji and is immediately confirmed by two days of green. Volume is high on the buy. Prices are now up.
Touch and go. There was a drop below support but the action recovered right away. A failed signal for the bears, a bullish reversal is in place.
Seeing marketwide action, Bitcoin and everything we already know, Avalanche is preparing for a nice up-thrust. This can be big, many times bigger than anything we've seen in several years. We are going up.
An easy target is mapped on the chart, it goes beyond 300%. 500%+ can be achieved within months. So much more by the time this year ends. It will be great.
Thank you for reading and for your continued support.
Early is best. Keep it simple.
Namaste.
There was a low around 10-March, followed by a small bounce. This small bounce I take as an early reversal signal but being early caution is advised. Then we have another support in the critical zone.
The initial bounce produced a lower low but there was strong buying right at the "critical level," this signal is strong. The low session ended as a Doji and is immediately confirmed by two days of green. Volume is high on the buy. Prices are now up.
Touch and go. There was a drop below support but the action recovered right away. A failed signal for the bears, a bullish reversal is in place.
Seeing marketwide action, Bitcoin and everything we already know, Avalanche is preparing for a nice up-thrust. This can be big, many times bigger than anything we've seen in several years. We are going up.
An easy target is mapped on the chart, it goes beyond 300%. 500%+ can be achieved within months. So much more by the time this year ends. It will be great.
Thank you for reading and for your continued support.
Early is best. Keep it simple.
Namaste.
Trade active
Ok, short-term bearish action. This is market noise. Here is an update based on the weekly chart.The 'critical level' remains intact.
The last session closed as a strong, full green candle.
This week can start red, mixed and turn green when it ends. There is a dynamic where the week starts shaky at first only to end green.
The first low happened in March and this was a reversal signal. Last week's action only works as confirmation of the reversal signal and support. This session is also coupled with high volume, the highest since 2024.
These are positive signals. AVAXUSDT is bullish while it trades above support.
There can be some more consolidation, briefly but this will be followed by long-term growth.
May 2025 we are full-time bullish. Bullish momentum will grow slowly at first and then speed up. By late May, the market will be growing with full force. Just watch!
Namaste.
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
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.