AVAX/USDT WEEKLY CHART UPDATE !!AVAX/USDT weekly chart shows a long-term bullish trade setup, indicating significant potential for price expansion.
AVAX/USDT is consolidating within a large symmetrical triangle. The upper trendline acts as resistance, while the lower trendline provides strong support.
The price is near the breakout point, indicating a potential resolution of the pattern.
The red moving average (likely the 50-week MA) is supporting the price, further strengthening the bullish outlook.
The large green arrow suggests a potential breakout towards $140–$160. This aligns with the technical measurement of the height of the triangle added to the breakout point.
Confirmation of the breakout will likely require increased trading volume and sustained momentum above the resistance line.
If the price fails to break out and drops below the lower trendline (around $25–$30), the bullish thesis will be invalidated.
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AVAXBNB
AVAXBNB 1DAVAX/BNB, I believe it has already reached the bottom, as since its ATH on February 11, 2021, it has corrected around 88.10% and being of a very high octane rating, it now follows its ascending scale. Its resistances are: 0.05874 / 0 .06403. With the MM200 above serving as a magnet, it quickly hits the target.
AVAXBNB 1DAVAXBNB 1D – The AVAXBNB PAIR was weighted due to AVAX being strongly influenced by BTC (more than other altcoins) and this in turn went through moments of extra volatility this September. Technical factors such as the RSI point to overbought, in addition, it follows the large accumulation imposed since June 15th, which is already in the throes of accumulation and soon breaks up. We maintain the position.
AVAXBNB 1DAfter the brutal price drop between April 3rd and May 26th AVAX/BNB lateralized and fell again. Meanwhile, technical factors also point to the upside in various indicators, starting with RSI oversold, in addition the MM200 puts a gravitational pull on the asset pulling up. This reinforces our bullish conviction in the coming days.
AVAXUSDT trade analysisWe achieved 400% growth from our previous prediction. Now trade is still in the correction area. you can enter supply zone or current market situation in case of FOMO overall trade will be bullish in long term session. We publish precise and compact information after careful consideration which give you quick glimpse for comparative analysis. Our aim is to deliver simple and compact information which can be used by beginner to give them brief understanding of trades without any complexity. if you have any question or want to ask about analysis of other pairs or you have any confusion about analysis then feel free to ask us. Don't forget to support by share your ideas and hit like and subscribe button.