

Mr.StealYourCrypto
4.8K posts

@methellaneous
I am delivered






It is insanely embarrassing for the NYT to have this entire incorrect article go through the editorial process without anyone being able to solve the equation 10 - 4


$AVAX has recently completed a double bottom reversal pattern, a classic bullish structure signaling the end of a downtrend and the beginning of an uptrend. Price bounced cleanly off the support at $17.5, marking a key demand zone. This bounce aligns with the neckline of the double bottom, confirming bullish continuation potential. Following the double bottom, I predict the price now in an ascending channel, characterized by higher lows and higher highs which will guide the price towards the target of the $29/$29.5 resistance area and expecting the price to continue respecting this channel here in the near term. $29/$29.5 resistance has historically acted as significant supply and will likely serve as a short term resistance area. Expect the price to test this resistance, potentially forming a pullback before a breakout. If the price breaks above this level, it would confirm a bullish breakout from the channel and showing further upside momentum. The broader target is between $37-$40, aligning with the macro resistance zone.












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