AVAX is printing a classic cup & handle structure on the 1H. The “cup” is formed by the rounded bottom near $27–28, while the “handle” is tightening just below the $30 HVN shelf.
🔹 Volume Profile Read:
The HVN zone sits right at $30, which explains the current stall. This is a key decision area — acceptance here fuels continuation, rejection sends us back into lower volume.
LVN gap above $30.4 → $31.2 offers a clean path for price discovery. If bulls push through, the lack of volume in this zone should let price glide quickly.
Below, the support HVN around $29–29.2 is acting as the handle base and accumulation shelf.
🔹 Delta Flow Insight:
Buyer delta is slowly absorbing sell pressure on the handle retrace, suggesting smart money is building position under resistance.
Sellers are failing to expand below the HVN shelf — classic “handle shakeout” behavior.
What the 4H FVG is saying
The FVG is sitting right inside the handle consolidation zone, basically overlapping with that $29.5–30 HVN shelf.
That means price dipped, left inefficiency, and now we’re seeing consolidation/absorption right on top of it.
🔹 Confluence with Volume Profile
HVN at $29.5–29.8 = strong acceptance zone.
4H FVG below = unfilled imbalance that smart money often defends.
Together, this says: “If the handle holds, this FVG becomes the launchpad.”
🔹 Trading Implication
If price respects the top of the 4H FVG and stays bid → bullish continuation signal.
If it trades deep through the bottom of the FVG and closes below → invalidates the setup, shifts bias bearish.
📈 Trading Bias:
Break and hold above $30.4 = bullish continuation into $31.2 / $32 LVN.
Failure to hold $29.8 HVN = reversion back into $29 support shelf.
⚠️ Invalidation: A strong acceptance below $29 would void the cup & handle structure and shift bias back to bearish.
🔹 Volume Profile Read:
The HVN zone sits right at $30, which explains the current stall. This is a key decision area — acceptance here fuels continuation, rejection sends us back into lower volume.
LVN gap above $30.4 → $31.2 offers a clean path for price discovery. If bulls push through, the lack of volume in this zone should let price glide quickly.
Below, the support HVN around $29–29.2 is acting as the handle base and accumulation shelf.
🔹 Delta Flow Insight:
Buyer delta is slowly absorbing sell pressure on the handle retrace, suggesting smart money is building position under resistance.
Sellers are failing to expand below the HVN shelf — classic “handle shakeout” behavior.
What the 4H FVG is saying
The FVG is sitting right inside the handle consolidation zone, basically overlapping with that $29.5–30 HVN shelf.
That means price dipped, left inefficiency, and now we’re seeing consolidation/absorption right on top of it.
🔹 Confluence with Volume Profile
HVN at $29.5–29.8 = strong acceptance zone.
4H FVG below = unfilled imbalance that smart money often defends.
Together, this says: “If the handle holds, this FVG becomes the launchpad.”
🔹 Trading Implication
If price respects the top of the 4H FVG and stays bid → bullish continuation signal.
If it trades deep through the bottom of the FVG and closes below → invalidates the setup, shifts bias bearish.
📈 Trading Bias:
Break and hold above $30.4 = bullish continuation into $31.2 / $32 LVN.
Failure to hold $29.8 HVN = reversion back into $29 support shelf.
⚠️ Invalidation: A strong acceptance below $29 would void the cup & handle structure and shift bias back to bearish.
Trade fermée: ordre d’arrêt atteint
Failed.Note
WHOOSH! Excellent.Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
