MY MINIMALIST CHART ANALYSIS FOR AVALANCHE$AVAX
11.26.21
2105H +8 SINGAPORE
ALERT:
LOOKING FOR BEST TOP-UP ENTRY BEFORE the end of the SWING CYCLE.
We are now looking at an ENTRY that we can TOP-UP for our Investment FIB 0.618 or LOWER.
A little more till we finish this swing and move to the next swing cycle.
VITAL SIGNS: RSI, STOCH are all looking good. We will just wait for the oversold. While the VOLUME shows SUPPLY building up for DEMAND (FUD).
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION. Volatility for this market is healthy.
and we have gone a long way from the bottom of the SWING.
Happy Trading!
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
Avalanche
Avalanche Analyze 🗻!!!Probably, you are following Avalanche these days. today I decided to share my analysis about it, and How far can it grow?
Avalanche Analyze ( A VAXUSDT ) Timeframe Daily ⏰ (Log Scale)
Location 🌊: from my view, Avalanche passed its Main wave 1 and Main Wave 2 , and at this time it is moving on microwave 5 of microwave 1 of Main wave 3 .
Where is the end of microwave 1 of Main wave 3 ?
I have two targets 🎯 for the above question:
Target 1 🎯: 139$-142$ ( More possible )
Target 2 🎯: 179$-200$
Target 1 🎯 is more possible than target 2 because when we watch RSI at the daily time frame, RSI made Rising Wedge 👇.
In addition Stochastic is near Resistance Zone , and I expect that we will see the end of the movement soon.👇https://www.tradingview.com/x/gmvP8YTD/
My Suggestion : if you want to have AVAX on your portfolio, please wait for correction .
Support Zone : 105$ unit 100$ .
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
🔥 AVAX Strong Reversal: Channel AnalysisA while ago I made an analysis on AVAX and the bullish channel it was trading in.
After hitting the $150 area, AVAX saw two days of strong losses, which was to be expected after seeing a 2.5x in a matter of a few weeks.
As of today, it seems that there's a rotation in place. Coins which have been mooning for a while are seeing minor sell-offs while previously bearish coins are picking up. This might indicate that there's more pain to come for AVAX.
in that case, I'm looking at the support area for a potential reversal. This support area is also placed around the area where I expect the price to reach the channel's support, which would mean an even bigger probability for a reversal. Target placed around the current ATH, $150.
Happy trading!
AVAX! TIME! Wonderland.moneyWe might see crazy increase in demand in AVAX c chain!
A lot people trading AVAX FOR TIME to stake in WONDERLAND.money.
I gotta be honest I did it myself I grabbed some sheared at 114$.
Just invest what you can afford to loss. It could be a scam!
End posting quote:
TradingView
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This one Falls In our research on swing set ups with a good ratio of Risk and Reward.
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Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
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AVAX hit the climax?Looking like a HnS breakdown on H1. Very possible for this to reverse on LTF considering it has been on a heater for some time. I don't expect this to hit the PT but definitely expect some further pain from here. Cash flowing being sucked into $CRO $SAND and $ROSE to name a few.
I listed some LTF support levels for potential bounce areas. $118 seems likely.
Stop at $126.5
DYOR and GL!
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Top 10 trading tips:
1. DO NOT FOMO into PUMPs.
2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Use multiple indicators to confirm your TA on price action.
10. Only trade what you are willing to lose. It will be hard to trade without emotions.
AVAX is in a really good positionwe can have good gains from AVAX and it can help us
its foando is good and it has a good suporte
it can be improw werey well
dont listen anyone but plz ,plz check this creapto
i like all of you
Iam SAEED FARSH FOROSH
A Iranian treader
iam 17 years old and i try hard to help every one got good gains
i have a really good expirience of tread
and i treade in forex too
if you had any question i can help you
AVAX- Support Levels - Time to Buy Again 🗸🍊You had been warned!
We called AVAX our 'Spot Queen for the Season'
AVALANCHE - Our Spot Queen for the Season 🥨🥂
We know a proper breakout when we see it and first posted when it was 30$, just on time for some great trades:
Our AVALANCHE AVAX Chart 📊
Please keep in mind that we see 117$ as a good price to take profits..partially
One Love,
the FXPROFESSOR
(AVAX) AVALANCHE - DIRECTION 274$ ? 🤔Hello everyone !
Today the Black Cat Trader is analyzing AVAX based on a 3D chart 📈
What we can see :
- AVAX just hit the 1.618 (trend based fib extension) and right now prices are trying to break the intermediary upper line of the pitchfork which act as a strong resistance.
- We can identify a divergence on the RSI which could tend to a small correction, or simply a range to come.
What we can expect :
1. If AVAX manages to break the intermediary upper line of the PF, we can expect prices to reach the upper levels (2.618 / 3.618 / 4.618). The last target would be the upper and last line of the pitchfork.
2. If AVAX failed to break the intermediary upper line of the PF, then prices could take support on the duo Tenkan / kijun or directly on the uptrend line (white).
Resistance : Intermediary upper line of the pitchfork
Support 1 : Duo Tenkan / Kijun
Support 2 : uptrend line
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TP1 : 159 $
TP2 : 217 $
TP3 : 274 $
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW THE BLACK CAT TRADER
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
🗸🍊 AVALANCHE - Let's Reach XRP AVALANCHE or XRP?
Ripple people already don't talk to me so let's be honest here: AVALANCHE 100% !!!!!!
Avalanche and Ripple have nothing in common, I know. And yes it is like comparing Oranges and Pears.
Ripple is a gross settlement system, currency exchange and remittance network created by a bunch of people who are in courts (good excuse for having no apparent edge in the market) whereas Avalanche is a community driven Blazingly Fast Low Cost, & Eco-Friendly open, programmable smart contracts platform for decentralized applications.
Do I need to say anything more?
I would prefer to hold 50% of all AVAX than 100% of all XRPs....
Maybe you won't like this idea maybe you will but allow me to be who I am and speak/post what i think.
Will drop you all a reminder when AVAX catches XRP...
the FXPROFESSOR
One of my first posts on Tradingview: when XRP went to 0,76 and back to 20 cents. People were MAD at me for saying that 'XRP is not Bitcoin'. ..how do they feel now? Be careful what you comment...the Professor might always reply to trolls at the right time. Always with a chart and some common sense.
AVAX is going to pull back then rallyAVAX has done the impulse wave at $146 with golden ratio 1.618 Fib from the 4th wave.
Next, AVAX will pull back to around $90 for the wave A then it's going up to $110 and going down to $60 finally.
Time will tell.
You like to trade, just hit a like button and follow me on TradingView
Using Fib extension in price discoveryWhen you are in ATH territory also known as price discovery area it can be tough to know when to enter/exit a trade.
For this reason, I LOVE the Fib Extension tool to help identify potential areas of interest to take profit, exit, or scalp. It can also help you set targets before it gets to ATH territory.
Most popular levels 100%, 161.8%, 200%, 261.8%.
It’s good to wait to see how price action acts at these levels. Also, price could snag on levels before these, but good to know that these are the most popular areas of interest. This isn’t a full proof system but it is very common for traders to use these levels as exits and to take profits.
This could also be a good target to short or enter on a bounce off of support.
AVAX 1D Where can we buy safely and then sell profitably?Today we have AVAXUSDT — another trading pair in our analysis, voted for under our "Bitcoin Weekend #17" idea.
AVAXUSDT price showed a gorgeous 500% growth in less than a month, almost reaching ATH
We congratulate all traders and investors, who at least managed to get out of the drawdown, if they bought on the previous growth wave and did not have time to fix it in time, and at maximum — they made good profit on such a strong growth movement.
What are we waiting for next — you ask, correction — we will answer).
And from the depth of the correction and the volumes, where it will take place, it will be easier for us to determine who is stronger at this moment: the buyers or sellers.
If the sellers aggressively buy from the range of $38-40 and do not let the price go lower, then you can expect an update of the absolute maximum of AVAX in the near future, and after that you can aim for growth up to $140.
If the correction will be delayed in time and depth, then we can forget about a quick rise in the pair AVAXUSD for 1-2 months. However, there is also a plus here, longer accumulation of positions by buyers will give them more time to rest and gain strength for the next upward movement.
Accordingly, the successful purchase of AVAXUSD in the area of $19-2 4 can in time increase your deposit by x10 times, because the target for profit taking in such a trading situation may be in the area of $200-215
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Avalanche (AVAX) - November 22Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(AVAXUSD 1W Chart) - Medium to Long-Term Perspective
Above the 43.7108730 point: Expected to create a new wave.
Don't assume that you need to know how far it will rise so you can maximize your profits by selling then.
This thought can cause you to stop selling at the time you realize a profit.
Take profit is to make the mental state stable by selling in installments when there is a change in one's psychological state (anxiety, nervousness, exultation, hope circuit, etc.) as the price rises.
In addition, you can realize profits according to your investment period.
Usually, when you trade, you want to sell 100% to confirm your profit.
Once you have established a profit, you should not buy again until the price drops.
However, if the price continues to rise, you will often end up at a loss by buying again.
Therefore, it is necessary to calculate the purchase principal rather than selling 100% and sell the same amount of the purchase principal in installments to recover the investment and retain the amount of tokens corresponding to the profit so that the profit can be regenerated.
(In short-term trades, it is recommended to sell 100% to secure profits.)
The average unit price of tokens for revenue is 0.
Therefore, I think it is advantageous for additional transactions because the psychological burden will be reduced in future transactions.
(1D chart)
It is important to keep the price above the 70.0898075 point to sustain this uptrend.
Therefore, if it falls from the 70.0898075 point, Stop Loss is required to preserve profit and loss.
However, it is possible to touch near the 43.7108730 point and rise, so you need to think about how to deal with it.
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(AVAXBTC 1W Chart)
Above 0.0004889-0.0007164 section: expected to continue upward trend
0.0012-0.0014834 or higher: Expected to create a new wave.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the 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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Bitcoin (BTC) - BULLISH. The LAST Dip before takeoff! Moon time!This is my final technical analysis on Bitcoin in this area. It was fun hanging out down here, but time to get back to business. This is the lowest we go. Moon time! See you again at $76-86K for our first possible correction. If not, then $100K will be our first possible correction area. Road to $250k+…
avax 10\12 update ~hello peoples, in my last avax post we swung it from 35->80ish for the sub wave 5 - was a pretty clean setup.
avax is finally at that point of an imminent reversal ~
avalanche is a different kind of beast, and i think its going to rip from here.
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upside target for this final fifth = $133
previous post:
AVAX Avalanche has a great future ahead of it. Huge uptrend now.AVAX tells a great tale.. between march and Aug 18th (specifically) AVAX was in a steady downtrend. That all changed when a reversal break occurred. I have it marked on the chart. As you can see after the break a full uptrend pump started. Finding those breaks is one of the most profitable setups one can discover. This is a great coin to 'learn' some TA from since it shows you a legit break reversal from a downtrend that turns into an uptrend. Textbook stuff.