$AVAX 1D breakdown update levels played out clean
could see some candles touching 41.17
will post a 4H chart next
has been the most traded asset along w $NEAR and $SOL
ww
Avalanche
Prepare to last waveOn 15m chart
After dropped, BINANCE:AVAXUSDT is bouncing back to 45
Wave C = 1.236 wave A
Wait a confirmation at 33
AVAXUSD hit the Channel Up bottom. Levels to watch.Avalanche (AVAXUSD) hit on May 12 the bottom (Higher Lows trend-line) of the Channel Up that started after its February 10 2021 High. That was its first High and May 12 marked its second Higher Lows. Assuming that holds, the pattern will continue to hold and we will have to look for specific markers in order to time a new uptrend.
As you see, there are three indicators that broke in a specific order during the last rise to a Higher High. First the price broke above the 1D MA50 (blue trend-line) following the Higher Low consolidation. Then the RSI on the 1W time-frame crossed above its MA. Finally the 1W MACD made a Bullish Cross. Keep an eye on those conditions and plan a potential buy strategy accordingly.
On the other hand, a weekly (1W) candle closing below the Higher Lows trend-line of the Channel Up, can set in motion the lower Fibonacci extensions, namely the -0.236 and -0.382 before the market bottoms out.
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Avalanche (AVAX) - May 19hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(AVAXUSDT 1W Chart)
As it fell below 32.23, the possibility of entering the mid- to long-term investment sector is increasing.
Therefore, it is important to see if it rises above 32.23.
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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 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.)
---------------------------------
AVAX Bearish PennantBearish Pennant formed with lower highs, higher lows, and 3 touch points on each trend line. Enter into short on break of lower trendline and retest. Target profit just above local bottom of $23.30. Stop loss slightly above break of upper trend line. Best of luck and DYOR, not financial advice.
AVAX expected path for the upcoming weeks- follow me for morehey, i am merna, a middle-eastern analyst, follow me for more ideas and quotes on twitter! luv ya ❤️
AVAX price drop was expected due to the broke 2 ascending trend lines, which made it go down to a find a powerful support line.
S line and S2 line are powerful support lines, breaking them is not a good sign, breaking the blue trendline will make us go to the nearest resistance which is the R orange box.
S = support
S2= 2nd support
R = resistance
acc = where most of the big players entered long positions , when price approaches these levels they will defend their positions hard.
AH = all-time high
AVAX REACHED THE BOTTOM...! (WHAT'S NEXT?!)Following our recent expectations of a further market downturn, Avax also reached the bottom of its channel and we saw an initial not-so-favorable reaction. It is expected that we will see a good growth of this currency due to attracting liquidity and increasing the volume of daily transactions and if the market reform is completed (which is not certain!).
Avax Long viewExelent opportunity to start accumulating Avax for the long term.
Price hiting a huge support area (Pink order block) AND perfleclty matching with the 0,5 level of Fib;
#Keep it Simple
AvalancheBreaking out of the triangle defines mid-term targets for the Avalanche.
Breakdown of the key support level $60.00, which is the point of intersection of the triangle trendline at D-1, is a strong signal for the continuation of the current trend. The target of $50.00 per coin will be a clear confirmation of the breakout of the key crossover. The support level at $50.00 looks technically confident for considering short and medium-term purchases within the descending channel with the target at $70.00-80.00. The subsequent potential break of $50.00 support opens technical targets for a test of $40.00 and key support at $20.00.
Avalanche Fibö ChannelHi there, I have been posting Fibonacci (with a slight modification) updates for some time now and decided to finally publish the original chart here. Please note that this chart is for entertainment purposes only. Not financial advice.
AVAX-Good context to go upHello everyone
With the spike in the price from couple of days ago on AVAXUSDT, we may have a bounce from the previous bear trend line.this setup also created, a double bottom, a divergence in RSI and the ABC pattern.With all that said , the price is still in a bear channel and a breakout is needed.
The resistance levels are 60$, 65$ and the upper line of our bear channel, and for the support levels we have 55.50$,and 52.5$.
AVAX Investment Opporutunity📆🟡 AVAX/USDT (Avalance)
📊 Time Frame: 4H
➖➖➖➖➖➖➖➖➖➖➖➖➖➖
💎 Investment Opporutunity
🟢 BUY : 50.5$ - 55.5$
🟢 BUY : 40.5$ - 45.5$
🎯TP: 64$ - 72$
💹 Stop loss: One Daily Candle below 38$
✍ Analysis Method : ICT+ Neural Network
📆05.07.2022
AVAX Spot Locationsi admit that spot is easier than future
this spots must be seen, tomorrow or 2 years later so set the order
good luck
AVAX could be getting ready too?Hello traders,
Back in the 'bullish days' last year AVAX did an incredible job. Project itself is interesting, seems to me like an upgraded competitor with DOT. However interest that AVAX had back then was quite suprising. It is correcting so far, but I'd expect 75-90$ region soon (when we reach diagonal ressistance) if it breaks I wouldn't be suprised at all with 200-250$ topping.
If you like my ideas, please consider following me on Tradingview and twitter, it would help me a lot.
Do your own reasearch and learning,
Trade safe, TradingInformator!
Avalanche (AVAX) - May 5hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(AVAXUSDT 1W Chart)
56.51 or higher: Expected to create a new wave.
(1D chart)
It needs to move above 70.11 to turn into an uptrend.
So, if possible, it's a good idea to see support in 70.11.
(buy)
- After confirming the support in 70.11
(Stop Loss)
- When it is resisted by falling below 64.90
- When it falls below 56.51
(Sell)
- When resistance is received in the range 79.80-89.59
- When receiving resistance near 109.43
(buy)
- After confirming the support at 64.90
(Stop Loss)
- When it falls below 56.51
(Sell)
- When receiving resistance near 70.11
- When resistance is received in the range 79.80-89.59
- When receiving resistance near 109.43
A move above 89.59 is expected to trigger a sharp move.
A break below 56.51 is expected to turn into a downtrend.
------------------------------------------------------------ -----------------------------------------------------
** 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 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.)
---------------------------------
short on AVAX$AVAX is bouncing off the Fibonacci 0.5 retracement level. Bearish trend is likely to continue and reach the recent low at 55,15$
BITCOIN 6H TA: Support - New UpdateBitcoin is currently in the support range, which is likely to fall to $ 37,000 and $ 34,500 if the trend line and support are broken down.
If the support range is maintained, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
The final wave is coming, $311On weekly chart:
Price and volume is contrariwise, this is sign of reversal.
On 3D TF : we have a golden ratio at the higher third wave 60.
The impulse wave with 1.382 Fib of the third wave that is at 311.
In lower timeframes : The impulse wave of the final wave has been reaching to 311 with a invalidation level below the second wave at 60.
If it'll down to 60, it might be at 45 in the double combo wave WXY
What next, wait and see
Avalanche: Baby One More Time! 🎤Britney Spears’ voice seems to sound in the background, singing “Hit me, Baby, one more time”, while Avalanche approaches the orange zone between $70.58 and $58.31 one more time. We expect it to dive into the orange zone to finish wave C in green and wave ii in orange. Afterwards, Avalanche should rise upwards more sustainably, crossing the resistance at $98.77 in the process. In addition to Britney’s song, we should keep in mind, though, the 35% chance that Avalanche could drop through the orange zone and fall below the support at $53.16.
Avalanche | AVAX ascending channel pattern 45% potentialIf we take a look on the weekly chart, we see that AVAX has been trading in what is called an ascending channel since mid January. The current weekly candle could be Doji, indicating a reversal starting as soon as next week.
Now I would like to get a bullish confirmation on lower time frames. Let's take a look.
AVAX 2H BUYAVAX 2H support is at ~$77
Enter 50% at the current price
and try to set some buy orders near the support zone
If AVAX holds above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
PROBABLE SCENARIO FOR AVAX ...!
Due to our predicted downtrend scenario for bitcoin to see the 5th wave, other alts will absolutely see this down, too. One of the best considered options is Avax.
The entry and target are discovered by fibonacci, FSC strategy and classic patterns.
