AVAX | Full Analysis Here is the top-down analysis for AVAX as requested 🫡
Weekly Timeframe:
We currently have two potential bullish structures on the weekly chart, but neither has been activated yet.
The first one (light turquoise) will be activated once we break the local high at $65. Until then, there's no valid trade setup. This sequence has it target range at $106–128.
The second structure (turquoise) gets activated once we break the all-time high at $148. It then targets the $242–298 range, which also represents my conservative bull run targets for $AVAX.
On the weekly chart, the strategy is to HODL. I wouldn't buy at this point, and I definitely wouldn't sell—because if we see another altcoin season (which in my view is nearly guaranteed), there's no reason AVAX shouldn't reach its targets around $242.
I would personally start taking profits at $106, then again at $148, and be fully out at $242.
Daily chart:
Here we have a potential structure that will be activated once we break the recent high at $26.
From that point on, according to the rulebook, every pullback into the B–C correction level (Fib 0.5–0.667) becomes a tradable opportunity.
Local Priceaction:
Three days ago, we successfully broke through the bearish reversal zone (red) and reached the bullish target zone (turquoise).
Now, every pullback into the B–C correction area becomes a valid long entry. If the price turns around and reaches that area again, I’ll trade each level with a stop-loss just below the next key level.
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Thats the my full Analysis for CRYPTOCAP:AVAX , hope it was helpful if yall have anymore questions feel free to ask, and if you want me to do another analysis for any other pair just comment down below.
Thanks for reading❤️
