Avalanche
AVAXUSD Re-testing the 1D MA50. Breakout and rejection scenariosAvalanche (AVAXUSD) is recovering from the recent rejection on the 1D MA50 (blue trend-line) last week. That would be the third attempt that close to the MA50 in 3 weeks and with the 1D LMACD on a strong rise, it appears it could be the decisive one to break it.
In fact the same LMACD sequence was last spotted in July 2021, a year ago, when the price eventually broke above the 1D MA50 and initiated an extremely strong rally. Now with the general crypto market attempting to find a bottom on this Bear Cycle, such a rally would be difficult to re-create yet but the Fibonacci retracement levels within this long-term Channel Up can help us set some short/ medium-term targets leading eventually to the 1D MA200 (orange trend-line).
On the downside, if the price gets rejected again and breaks below the Higher Lows trend-line (Fib 0.0), it can go for a Bearish extreme near the -0.236 Fib, similar to the Bullish extreme at 1.236 Fib that shaped the top of the market on November 22 2021.
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Avalanche (AVAX) - July 13Hello?
Traders, welcome.
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(AVAXUSDT 1W Chart)
The key is to find support above 13.47 and move above 23.96.
From a mid- to long-term perspective, it needs to rise above 32.23 to continue the uptrend.
(1D chart)
Primary resistance: 23.96
Secondary resistance: 32.23
Support: 13.47-16.55
If it finds support near 16.55, it is expected to move higher.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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15% Short Trade Set Up!Since support failed we can see a back-test of the S/R line happened and it is now looking like a short position will be best in the short term. Stop above the S/R line. Targeting $17 then $16.
Every day the charts provide new information. You have to adjust or get REKT.
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Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
Avalanche Trade Set Up! 16%+AVAX is currently trading right above a nice support level. This is looking like a decent area to enter long for a quick scalp. If the next resistance hits, that's a 16% gain. Remember to use a tight stop-loss and manage your risk.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
Avalanche Starts To Move (160% Trade Signal Inside)Yesterday we shared the numbers for AVAXUSDT (Avalanche), let's look at some of the signals today.
We can notice first a strong divergence with the RSI.
AVAXUSDT hit a low 12-May followed by a lower low 19-June.
The RSI instead bottomed 12-May and was followed by a higher low, diverging from the trading pair.
We can see a bullish cross between EMA10 and EMA21.
Trading volume has been increasing lately, near support, which signals buying activity.
Hold on... Here is the trade signal...
Avalanche Trade Signal (160%+ Potential Target)
Thank you for reading my friend.
I am really wishing you tons of success.
Namaste.
Avalanche vs Bitcoin Goes Bullish (90% -165%+ Potential Profits)Avalanche is bullish on both pairings we track, AVAXUSDT and AVAXBTC.
You can find the full trade signal for AVAXUSDT below:
Avalanche Trade Signal (160%+ Potential Target)
AVAXBTC Chart Signals
- Bottom pattern.
- Trading above EMA21.
- Bullish RSI.
- Bitcoin stable above 20K.
- Altcoins market going bullish.
These are just a few signals supporting higher prices for this and other cryptocurrency trading pairs.
The targets are clearly marked on the chart.
Thank you for reading.
Namaste.
AVAXUSDT 12h A possible AVAX price movement for the coming monthAlmost two months ago, we published a global idea for a trade pair of Avaxusdt
Then the AVAX price was in the middle of the liquidity zone $27-37, from where she headed on the red route and clearly reached the target - $14
I would like to believe that for a few weeks we're looking at how the Avaxusd price is ramming bottom and filling the big long position
The estimated possible movement of the Avaxusdt prices we depicted a blue route.
The first target for a medium-term trade +60% in the area of $29-31
In danger of Long positions will be if the price of Avalanche token will be consolidated below $15, below critical support
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AVAX O'clock ?What time is it?
No watch but hey.. it looks like it could be AVAX o'clock
Despite this:
Bitgert fast-growing ecosystem means massive adoption, and this threatens Avalanche (AVAX)
Bitgert disruptive products and projects have the potential to challenge Avalanche’s dominance
Bitgert (BRISE) is among the crypto projects doing very well in the market right now. In fact, Bitgert tops among the crypto projects widely discussed in the crypto industry. This is because of the massive hype the Bitgert coin has created in the past few months.
Bitgert’S fast-growing ecosystem is one of the biggest reasons why even Avalanche (AVAX) holders are joining Bitgert. In fact, the fast-growing Bitgert ecosystem is increasingly becoming a concern to the Avalanche project. This is because Bitgert is slowly overtaking Avalanche’s dominance in the market.
My opinion: Avalanche will shine.. Top 16 today., Top-10 IN 2023
One Love,
the FXPROFESSOR
Bullish DIV on some of the bigger ALTSLooking at AVAX/USD it has the same signature as SOL/USD Leving Bullish Divergence on the higher time frames, LOW LEVERAGE is key because the value of the cryptos themselves go up as well as the profit. Shakeout will be violent at this stage if we decide to move hire. Good Luck
Avalanche (AVAX) - June 26hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(AVAXUSDT 1W Chart)
Below 32.23 is likely to be a mid- to long-term investment area.
So, whether it can move higher than 32.23 is crucial.
(1D chart)
Resistance: around 32.23
Support: 13.47-16.55
It is necessary to check whether there is any movement that deviates from the section 16.55-23.96.
If it moves above 23.96 and finds support, I expect it to turn into an uptrend in the short-term and medium-term.
However, it is expected that it will lead to further upside only when it rises above 32.23 and needs to be supported.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Which one outperforms? AVAX KSM SOL ATOMInteresting to see how similar these charts all are.. taking bets.. which will outperform in the short term? My bet is on SOL, just based off a hierarchy of the risk-curve, and it being a higher cap project, thus more visible, and considered a lower risk trade than the others.
The first wave is done at 18.5, what nextOn 2H TF
BINANCE:AVAXUSDT has completed the first impulse wave at 18.5 and moving up to 23, right now.
Avalanche needs to test at 18.15 before rally. That level for catching with stoploss below 16.9
Besides, AVAX's a resistance based on trend line at 21.6
What next, wait and see
AVAXUSD Daily TA BullishAVAXUSD Daily bullish. Recommended ratio: 95% AVAX, 5% Cash. *A technical relief rally is underway for cryptos and equities as markets seem to have priced in more rate hikes, I know I focus solely on the Federal Reserve in most of my TA but that's because not only do they fund liquidity for many other central banks but they have been instrumental in setting the tone for the rest of the world for the past decade or more. The Fed was the first central bank to aggressively raise rates in response to global inflationary pressures and in doing so may have earned back a bit of the credibility they lost in being largely responsible for this inflation quagmire. Crypto and equity markets seem to think that the Fed has a plan to navigate us to a soft landing, but it is becoming more and more apparent that a hard landing is likely; when that will be priced in to risk-on markets is the question. Whatever the answer to that question is, we are 'technically' getting close to a short term bottom.* Price is currently following that of other altcoins like Kava and Polygon and trending up out of an eleven day consolidation out of the second largest supply/demand zone on the chart. Volume remains Moderate, fairly balanced between buyers and sellers (indicative of consolidation) and has been shrinking for what is on track to be a fourth consecutive session (indicative of an impending breakout/breakdown). Parabolic SAR flips bearish at $13.80, this margin is neutral at the moment. RSI is currently trending up at 39 after bouncing off of the descending trendline from August 2021 (breaking out of a 10 month descending trend), this is very bullish in the short term. Stochastic remains bullish and is currently trending up at 88 as it aims to resist a bearish crossover on its way to retest max top. MACD remains bullish and is currently trending up at -3.66 as it aims to break out above -4.23 resistance after being rejected the first time on 06/10/22. ADX is currently trending down at 40 as Price is pushing higher, this is mildly bullish at the moment. If Price continues up then it will likely retest the largest supply/demand zone on the chart at $25 before potentially retesting the upper trendline of the descending channel from November 2021 at ~$35. However, if Price breaks down here, it will likely retest the lower trendline of the descending channel from November 2021 at ~$10. Mental Stop Loss: (one close below) $15.