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Technical analysis by TheCoinCowboy about Symbol AVAX: Buy recommendation (4/19/2025)

https://sahmeto.com/message/3427330
TheCoinCowboy
TheCoinCowboy
Rank: 2946
2.0
Buy،Technical،TheCoinCowboy

My previous two "bear flag" ideas were invalidated. This is a Jump the Creek situation. Shown here is a zoom in to the 30 minute time frame of the part that I thought was a bear flag. Bellow is some info in layman's terms of the Wyckoff Reaccuumulation Trading phases also known as "Jump Across the Creek" ----------------------- Please Hit the Rocket if You Like This......------------------ Think of a market like a tug-of-war between buyers and sellers. Sometimes, after a big uptrend, the market takes a "break" to recharge before heading higher again. This “resting” period is called reaccumulation — it's like a pit stop in a race. Imagine price action moving through a messy sideways area — picture a creek with lots of rocks and water making it hard to cross. In this phase, the market has been struggling to get above a certain price zone (the "creek") — there are little rallies and dips, but no clear breakout. Then, suddenly, the price "jumps across" this resistance zone with a strong move upward — like a bold leap across the creek. This jump typically: ✅ Comes with strong volume (showing conviction from big buyers) ✅ Breaks above the previous highs in the consolidation zone ✅ Signals the beginning of a real uptrend — the reaccumulation is ending, and the next bullish phase is beginning 🧠 Think of it Like This: The market’s been jogging in place, building strength. “The creek” = a resistance zone keeping price trapped. “Jump Across the Creek” = price finally gathering strength to leap out of the mud and start sprinting again. 📈 Traders Look for: A breakout with higher volume Pullbacks that don’t break down — these often retest the “creek” area before moving higherThis Jump The creek scenario is playing out nicely. Hit the Rocket Please if you like this post!

Translated from: English
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Signal Type: Buy
Time Frame:
30 minutes
Profit Target:
$21
Stop Loss Price
$19
Price at Publish Time:
$19.57
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