AVAX Long Signal | 30-Min Timeframe
2024-11-14

A three-wave correction has concluded, and AVAX appears to be beginning a new bullish trend. The chart indicates the formation of an Inverse Head and Shoulders pattern, suggesting that a strong upward move may follow after the neckline breakout.

🔑 Entry: After the breakout above $35
🎯 Take Profit: $39
⚠️ Stop Loss: $33
📊 Risk to Reward: 2:1

If the price breaks above the $35 level, this setup provides a favorable opportunity to enter a long position with high profit potential and controlled risk. Technical analysis supports that an upward move is accessible, so enter carefully. 🚀