Hidden Bullish Setup on AVAX â Just Revealedđ„đŻđ
Hello Traders đș
In this idea, I want to talk about one of the top altcoin projects in the crypto spaceâAVAX. If youâve been around, you probably know the name... but hereâs why Iâm bullish on it right now: đ„đ
â 1. Massive Weekly Triangle Pattern
On the weekly timeframe, AVAX is already inside a huge triangle formation, whichâif it breaks outâcould push the price to at least its previous ATH (~$165). If you enter now, thatâs potentially a 750% profit! đđ°
Iâll go deeper into this long-term price target in a future idea, because this move still needs to break the weekly resistanceâand there are multiple resistance levels along the way. But for now, weâre focusing on the immediate short-term setup. â ïžđ
â 2. Repeating Price Patterns Inside the Triangle
Inside this gigantic triangle, AVAX price tends to repeat a similar structure each time:
The first pattern was made of converging trendlines â breakout â strong pump to the triangleâs top.
The second setup was a falling wedge â breakout â same explosive move.
đ And now guess what? We have another bullish channel, and itâs currently breaking out as we speak! âđâĄïžđ
So make sure to act accordingly and keep your eyes on the chart! đđ„
and always remember :
đș Discipline is rarely enjoyable , but almost always profitable đș
#onchain #avax #UnstoppableTrader
