Avalanche Double Top
The Avalanche Double pattern is being confirmed today with a target of 31-33 for AVAX.
Avax
Weekend Crypto Pulse: $BTC at $95,415 & $ETH Leading DeFi – Top Good morning, champions! ☀️
While traditional markets take a breather, crypto keeps the grind alive. 🕒
CRYPTOCAP:BTC holds strong at $95,415, still defying gravity,
and CRYPTOCAP:ETH sits at $3,527, the DeFi heartbeat going strong.
Weekend movers:
📈 CRYPTOCAP:AVAX up 4.5%, turning heads in the Layer-1 race.
📈 CRYPTOCAP:SOL climbing 3.2%, showing resilience in its recovery arc.
Take a moment today: plan, prep, sip that coffee. 🛠️ Balance your charts with a bit of mindfulness—crypto’s a marathon, not a sprint.
What’s your strategy for today’s market movers? Any hidden gems on your radar? Let’s share some insights. 💡
AVAX LONG POSIONHello friends
This coin is in the process of correction, we have specified the purchase positions for you step by step and according to the market conditions, we expect it to break the resistance and move to the specified targets.
Be successful and profitable.
Avalanche is bullish, dips are opportunities. AVAX did get a nice run-up and it doesn't seem over. However, a short-term consolidation would be healthy for a strong continuation. Both momentum and trend oscillators are showing bearishness. A strong continuation would be when price structure and oscillators are in confluence.
These Top 30 AltCoins have GOOD setups against BTC The Analysis of Benjamin Cowen
Benjamin Cowen , a well-known cryptocurrency analyst, has pointed out that many cryptocurrencies that exhibit a double bottom against Bitcoin ( CRYPTOCAP:BTC ) have experienced HIGH price increases, we have examples like CRYPTOCAP:SOL ($225.05 - 211.31% return (1y)) in the middle of 2023 when it did a double bottom against CRYPTOCAP:BTC and recently with CRYPTOCAP:XRP ($2.62 - 323.88% return (1y)) in early November, both outperforming BTC ($106,726.68 - 155.86% return (1y)) this year.
Source vid: The EXACT Date You Should Go ALL IN on Altcoins! at 42:00
BTC Dominance
When BTC's dominance rises relative to other cryptocurrencies, ppl often shift into BTC in search of stability, aiming to capture the secure upside that altcoins may not provide. During this period of increasing BTC dominance, altcoins can bleed or just go sidewaves while BTC goes up, meaning their value decreases in relation to BTC. But, these altcoins I'm gonna show you seem to have double bottomed against their BTC pair and it might be the start of a huge upside in the USD pair too.
Double Bottom Pattern
The double bottom pattern indicates that selling pressure has bottomed out and can signal a bullish move. Recognizing this pattern in the context of BTC dominance offers a valuable setup and great expectations for price since it tends to follow an upside movement.
So🤔¿Are you wondering which AltCoins have a similar setup? 👀
I just wanted to point out coins in the Top 30, while all crypto market implies risk, the ones in this top 30 have high marketcap and are well known projects so you're kinda in safer.
Chainlink ( CRYPTOCAP:LINK )
Avalanche ( CRYPTOCAP:AVAX )
AAVE ( CRYPTOCAP:AAVE )
DOGE ( CRYPTOCAP:DOGE ) Doge is already on the move but it has the checkbox, could go higher in this pair
Which ones are on the way to get this setup?
CRYPTOCAP:NEAR AMEX:APT CRYPTOCAP:DOT CRYPTOCAP:ADA - All these 4 are on the way to get it, but remember it's just a good setup IT DOES NOT MEAN they're not gonna go up in the altseason cuz they're probably still gonna do it since they're really big L1's. One thing for sure that has been talked about it's the concern that we had like a mini altseason and ofc we can't say for sure it's coming the big one, but BTC 4 year cycles has repeated till this date so it might come anyway.
That's it for the post, these are the top 30 altcoins that could outperform BTC from now, thank you for your time and remember DYOR (Do your own research)
avaxusdt long"🌟 Welcome to Golden Candle! 🌟
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Avalanche ($AVAXUSDT): 30-Minute Analysis for Short Trade SetupI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
Avalanche ( BINANCE:AVAXUSDT ): 30-Minute Chart Analysis for Short Trade Setup
Trade Setup:
- Entry Price: $52.72 (activated)
- Stop-Loss: $54.09
- Take-Profit Target:
- TP: $46.74
Fundamental Analysis:
Avalanche ( BINANCE:AVAXUSDT ) is a high-performance blockchain platform known for its scalability and low transaction fees. Despite its robust ecosystem and increasing developer adoption, current market sentiment reflects short-term bearish pressure, likely due to profit-taking after recent rallies.
Technical Analysis (30-Minute Timeframe):
- Current Price: $52.50
- Moving Averages:
- 20-EMA: $53.00
- 50-EMA: $53.20
- Relative Strength Index (RSI): Currently at 42, showing increasing bearish momentum.
- Support and Resistance Levels:
- Support: $51.50
- Resistance: $54.50
The 30-minute chart indicates a downtrend, with BINANCE:AVAXUSDT forming lower highs and breaking below key support at $53.00. This setup aligns with short-term bearish sentiment, providing a favourable risk-to-reward ratio for a downside target of $46.74.
Market Sentiment:
Short-term sentiment on BINANCE:AVAXUSDT appears bearish, with selling pressure increasing around key resistance levels. Broader market movements, especially in Bitcoin and Ethereum, may further influence CRYPTOCAP:AVAX ’s direction.
Risk Management:
A stop-loss at $54.09 limits potential losses, while the take-profit target at $46.74 provides an attractive downside reward. This setup requires disciplined execution given the short timeframe and potential market volatility.
Key Takeaways:
- Ideal setup for short-term traders capitalizing on bearish momentum.
- Clear downside target supported by technical indicators.
- Risk management is critical given potential reversals in a volatile market.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
AVAX: A Bullish Cup & Handle?AVAX is among the leader coins with a strong community.
There's a possible bullish Cup & Handle pattern that would be in action if the price passes $65.4 (the confirmation).
Breaking $22.6 invalidates the idea (the stop-loss).
If the confirmation is passed then the ATH would be the target.
From $46 to Glory or Gloom – Avalanche AVAX JourneyAvalanche is trading at a crucial juncture near $49.08, with price action consolidating in range zone where we will continue to see slow and choppy price action.
1. A bounce from the support level at $46.09 and a subsequent push above $51.62 could signal bullish momentum for AVAX, paving the way for a rally toward the next resistance level at $59.39 (Dashed Green Projections).
2. A breakout beyond this zone would confirm strong buyer interest, potentially targeting higher levels near $66.63 as the next key milestone (Green Projections).
3. A failure to maintain the $46.09 support could open the door to further declines, with the price likely retesting the next major support at $38.32 (Red Projections).
#AVA Is Targeting 6 $AVA is currently experiencing bullish momentum. In the next month, we may see a major bull rally. However, AVA will continue to be among the top gainers. Its target is above $6.
For More Updates DM..
The big giant AVAX continues to moveLike all major projects AVAX continues to move towards its ATH! It is worth considering two points to fix their positions: $93 and $140. It looks quite strong against the market background!
Trading opportunity for AVAXUSDTBased on technical factors there is a Sell position in :
📊 AVAXUSDT
🔴 Sell Now
🪫Stop loss 61.00
🔋Target 1 43.00
🔋Target 2 35.35
🔋Target 3 29.50
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
AVAX's BIG RUNAvalanche’s recent price performance reflects a bullish trajectory, marked by a breakout from prolonged consolidation phases. The chart indicates two earlier periods of accumulation, where rounded bottoms were formed before subsequent strong breakouts. Each of these breakouts led to exponential price increases, with the latest move propelling AVAX’s price to its $50 target.
Support and Resistance Zones Identified:
The $10–$12 range served as a strong accumulation zone for AVAX during the earlier phases of consolidation. As the price gained momentum, the $25–$30 range emerged as a key resistance level.
This pattern showcases AVAX’s strong growth potential following each period of accumulation and breakout.
AVAXUSDT Breaks ResistanceAVAXUSDT Technical analysis update
BINANCE:AVAXUSDT price is breaking the resistance line on the weekly chart with high volume after 1,400 days of ranging movement.
Buy zone: Below $54.00
Stop loss: $40.00
Take Profit 1: $64.50
Take Profit 2: $85.00
Take Profit 3: $140.00
AVAX potential mid-long termAVAX / USDT
Price almost absorbed all the dump last few days (still weekly close for confirmation )
Looking at chart this coin could be in just the beginning / middle of wave 3
If bull market will continue for full 1 year scenario i see avax can playout like this
Keep following btc.d to take profits along the way
Best if wishes
AVAX - update - and its lil bro JOEAVAX - update - and its lil bro JOE
well avax farted around quite a bit there, and was offset late pumper, that happened last time. hence why ive rotated some early winners gains into JOE.
presumably lower market cap and high volume avax dex joe will outperform. look at the joe/avax chart.. looks bottomed.
some new functionality coming from the joe team as well. which will no doubt catalyst more pump.
seem to remember joe doing a 150% move in two days once , or was it 300% in a week or so. it was quite impressive.
*buckles up*
AVAX at crossroads: breakout or fakeout ?This breakout was as unclear as it gets, we will need to see over the next few days where it leads AVAX. Ultimate pathway is higher to ATH, but it may do one more dive before going higher. Wait and see or buy at successful retest of the major trendline
COQUSDT Analysis | #1 meme coin on AVAXThe **0.236 Fibonacci level** has been broken, signaling weakness in the current structure. The next key support lies at the **200-day MA** (red line), which could act as a strong area for price stabilization.
- **RSI**: Dropped to ~48, showing weakening momentum and room for further downside.
- **MACD**: Bearish crossover confirms selling pressure.
- **OBV**: Declining, signaling reduced accumulation.
If the **200-day MA** fails to hold, the structure may turn decisively bearish. For now, keep an eye on the **200-day MA** as the critical support zone!
AVAX Holds Key Support, Ready for a Bounce?📊 In recent days, AVAX broke its short-term uptrend and entered a correction, dropping to the key support zone of $39–$41.
🔴 This support has played a significant role in recent price action.
✅ A positive reaction at this level could push the price toward resistance levels of $50 and $55.
👉🏼 Breaking the descending trendline and stabilizing above $50 would confirm further bullish momentum.
Will $AVAX break the 1D resistance? Bar here? Going into a down day for market after up days is normal so don’t sell on panic dip.. it’s all still bullish. If anything buy new coins and make diversified portfolio!
Also make sure to pick coins from varied areas of the market. And always research before buying.. not just 5 mins google is it good.. no check white paper people who made it who they are net worth any issues with law? Etc be safe scams are rife at moment!
Alikze »» FTM | Suspicious of the reverse head and shoulders🔍 Technical analysis: Suspicious of the reverse head and shoulders pattern
- In the analysis presented in the previous post, the target exactly touched the bottom of the channel, which then met demand and caused a 110% growth.
- Considering that the recent corrective wave had a correction of 0.23 fibo of the previous wave, so we should expect an upward trend.
- In addition to the fact that the recent corrective wave was a three-wave and its corrective momentum was in the form of three waves, if its correction is not complex in combination, we can expect the continuation of the upward trend after a short-term correction.
- Therefore, the first target of the neck line can be considered the first supply area. After defeating the supply area, the next targets will become available.
💎 In addition, you should pay attention to this point, in order to verify the upward trend, the previous floor should not be touched (Invalidation LVL range), in which case the analysis will be invalid.
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BINANCE:FTMUSDT
AVALANCHE — 2024-5Avalanche is a blockchain ( CRYPTOCAP:AVAX ) platform that offers tools and features that allow users to launch DeFi decentralized applications. The platform also has a suite of tools for creating financial assets and enables trading and the building of enterprise-scale financial solutions.
Etna: Enhancing the Sovereignty of Avalanche L1 Networks
A release for the latest upgrade to the Avalanche Network, dubbed the “Etna” upgrade, was published for activation on Avalanche Mainnet scheduled for 12 PM ET (5 PM UTC), December 16, 2024 . This proposed upgrade consists of Avalanche Community Proposals (ACPs) Reinventing Subnets, Add Dynamic Fees to the P-Chain, Warp Signature Interface Standard, Reduce C-Chain minimum base fee from 25 nAVAX to 1 nAVAX, Activate Cancun EIPs on C-Chain and Subnet-EVM chains, and Use current block P-Chain height as context for state verification. The pre-released code version was successfully activated on the Fuji Test Network at 11 AM ET (4 PM UTC), November 25, 2024.
