Avalanche (AVAX) new bull market cycle confirmed Let's considerAvalanche / TetherCOINBASE:AVAXUSDTMasterAnandaLet's consider AVAXUSDT (Avalanche) in isolation, not taking into consideration the rest of the market. This chart on its own, what is it saying? I am going to be focusing on two exponential moving averages (EMAs); EMA55 (magenta) and EMA89 (blue). I will couple this with price action on the candles based on resistance and support. Avalanche technical analysis A bearish cycle started after a peak in September 2025. AVAXUSDT started to drop after this date. In October 2025 the action moved below EMA55 and EMA89 on the daily timeframe and this confirmed the start of a long downtrend. The first and main low, the end of the downtrend, happened February 2026 at a price of $7.56. Then we had some sideways followed by a final market move, a liquidity hunt event. Last month, August 2026, AVAX moved daily above EMA55 and EMA89; this confirms the start of a new market cycle, an uptrend. Since this is a very strong level, as soon as it was conquered there was a retrace and retest. EMA55 & EMA89 held nicely as support and AVAX is now full green. The action moved back above the 6-February low and as you can see, we have three big green candles. It is the start of a new bull market on this project and trading pair. Even with this chart in isolation, the market is pointing to massive growth. The RSI is super bullish and the STOCH while the MACD keeps on rising with plenty of room available for more. AVAX is a great buy below $10. The next bullish wave is very close, it shouldn't be a long wait based on how things are going. The past week was a good one but many more projects are yet to move, meaning that low and bottom prices are still available on some top projects. One needs to dig deep to find them. Are you ready to start with full force? Should we wait some more? Your feedback is highly appreciated. Namaste.