AVAX is ready to an uptrendHi
✔AVAX is forming an uptrend ✔
IF breakout and Consolidation over the 33.7$ We can expect the next targets : 37-39-42-46👆
⛔For this position, the maximum SL will be 23.30$ or 2% from your account⛔
the 37.5 is a powerfull resistantce♣
If do not succeed in defeating this price
There is a possibility that the price will fall to 28$ and 26$
⛔⛔🛑🛑🛑🛑🛑🛑🛑🛑🛑🛑🛑⛔⛔⛔
and please join to my telegram channel for mor profit and future SIGNALS :
@sfecrypto
and share this with your frends :)
Tanks.
Avalancheusdt
AVAX/USDT Chart 18/03The Bullish scenario played out as expected (if you want you can take a look at my previous analysis), as we managed to break out at 32.6, then AVAX went back to retest the area around 31 and apparently found support there.
After that, it rose up again, broke past 32.6 once more and after some fluctuations it looks like it managed to turn it into a new support.
The next target is at 34.4 and breaking past it would be a sign that AVAX may have found new strength to aim for higher highs above the 40 area.
I also drew an arc projection (in purple) to check on the possible trajectory for this next uptrend. It looks like AVAX is forming a good looking cup which may bring it to retest the previous ATH around 60.2.
Some interesting areas I found (mainly through Fib retracements and previous interesting levels on the chart) are at 42, 44.4 and 54.7, what values are you guys watching?
AVAX/USDT Chart 16/03We found support around 27.5 (twice in the past 4 days).
Since March 10th we were pushed back multiple times (at first around 34.4, then 32.7 and again at 32 and 30.2) forming what may look like a falling triangle.
However, since yesterday there have been signals of reversal in a combination of HHs and HLs. By charting them we see something that looks like a rising channel.
What this could mean if true is that we will see a retest of the lower parallel line, a bounce back and two possible outcomes from here:
+) Bullish scenario, break out of the ascending channel AND falling triangle and retest of the area around 32.6
-) Bearish scenario, with break down from channel and retest on previous support at 27.5
As for the bearish case, it may then unfold in two different ways cause we could find support on the 27.5 once more and bounce back up (Rebound) or fail to hold it and dip even further, maybe around 23.5 (Failed).
What do you think?
Avalanche [AVAX] support & outcomesHi everyone,
Avalanche is currently in a consolidation phase and is forming an important formation with higher lows. When AVAX can realize a strong enough bounce with it's support line within the ascending traingle formation and AVAX manages to move above the upper-boundary we can complete a bullsh triangle break-out. A combination of good volume and right price action is needed to confirm this.
Based on the chart in combination with high value partnerships that have been made past weeks (e.g. SushiSwap, Cartesi, TrustSwap,...) , i guess AVAX will continue to grow.
In case we fall below the lower grey trendline that acts as support, above set-up will be invald
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This is not financial advice
Avalanche [AVAX] Bullish continuationHi everyone,
AVAX managed to print a solid bullish break-out up to $36. The strong volume combined with bullish price action can confirm this.
Looking at the chart AVAX succeeded to print a higher low. These indications inform us that AVAX will continue to grow.
Target point mapped on chart:
> TP1: $36.6
> TP2: $45.5 (strong resistance)
> TP3: $60
In case we fall below the white trendline that acts as support, above set-up will be invalid
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avalanche (avax) best opportunity 🔥🔥avalanche it's a shape exponential. why you need buy avax Now bettwen 29$ and 32$
1. avax have best news in the last month.
2. it's in accumulation
3. it's do good correction 0.61 fibo
if you lost some opportuniy don't forget to buy avax.
Please support us buy like and share.
Avalanche [AVAX] possible H-S formation..Hi everyone,
Looking at the 4H timeframe, AVAX seems to found support after a strong bearish move when hitting its ATH $60 in Mid. February.
As Avax has managed to somewhat stabilize in it structure a possbile formation caught my eye. When the Head-and-sholder structural development rightly completes other important levels can be tested.
In case we manage to break and close above the "Neckline" with the right price action and volume an important reversal can take place.
Be aware that this structure still needs proper confirmation!
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Avalanche (AVAXUSDT/AVAXBTC) Long&Short Trade Setups 2021/03/05Long Trade Setup #1: False Breakdown
1. Price Action: Price breaks below the then rapidly climbs above 0.00050000, forming a bear trap
2. Trade Entry Confirmations: A breakdown candlestick followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming
Short Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back up to the 200MAs, currently projected to be @ 0.00055500 by the time price reaches it, and bounce back down.
2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
How are chances to see a third wave and where could it lead to?2 minutes ago
I checked the FIB-extensions of Wave 1 and checked which of those got reached with wave 2.
Now I thought to develop a theory - and that´s everything it is - non-fundamental, so take it as an idea which is not very likely to happen, please.
But if there will be a third wave this could lead us to:
TP1: FIB 1.272 (73.7$)
TP2: FIB 2.618 (140.44$)
Trade on your own risk, so do I.