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Avax

Ascending Reversal PatternOn the weekly timeframe the support area marked by the blue box plays a key role in supporting the price and initiating a growth phase. After the price approached this support area, we witnessed a positive market reaction and the start of an upward trend. During this uptrend, the price reached the orange-colored resistance box, which had been previously identified as a major obstacle to price growth. However, the market managed to break through this resistance level and move beyond it. The formation of bearish candles on the chart, indicating a correction and pullback to the broken level, is considered a natural part of the upward trend cycles. This pullback serves not only as a correction phase but also as a setup for the formation of an ascending reversal pattern. With the completion of the pullback and the emergence of signs of an ascending reversal pattern, it is anticipated that the AVAX price in this timeframe will experience significant growth. The price is expected to move towards the next resistance area, previously set as the next target Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
AVAX buy setupThe price is fluctuating within a large range. Considering iBOS and iCH and liquidity pools at the top of the range, we can expect this demand to work well. By maintaining the demand range, it can move towards the supply side. Closing a daily candle below the demand zone will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
AVAXAvax, also known as Avalanche, appears poised for a bullish trajectory, signaling potential gains of up to 100%. With its robust ecosystem and innovative technology, Avax has been gaining momentum in the crypto sphere. Its recent performance showcases resilience and upward momentum, suggesting a favorable outlook for investors. The project's unique consensus mechanism, Avalanche consensus, offers high throughput and near-instant transaction finality, enhancing its appeal among users and developers alike. Additionally, Avax's expanding DeFi ecosystem and partnerships further bolster its growth prospects. As the crypto market continues to evolve, Avax stands out as a promising asset with the potential to deliver significant returns to investors. Keep a close eye on Avax as it charts its course towards potential gains in the near future.
Long
by Achilly
New Years Eve!❄️ AVAX ADA LINK ETH HOT Situations!Hey guys! A friend has recently asked me to review some coins so here are my analysis starting off with and will publish screenshots of the other coins possible outcomes in the comments area. As always, please manage risk accordingly and don't get ahead of yourself. Walk with caution and stay wary market conditions could potentially change at any given moment it's just a matter of a catalyst for this to blow up! Now, here are my UNBIASED directions so you are prepare to comfront different situations that could happen at each coin. My gift to you dear reader. Happy New Years Eve!!! ❄️ Kina the Girly Trader ❄️
by KinaStar
4
Avalanche: Gained Momentum 🔥AVAX continued to decline until last Friday. Then, however, there was a change of direction and the price shot up by more than 12%. This development strengthens our assumption that the downward swing was merely part of the substructure of the current (corrective) upward movement. We now primarily expect the magenta wave (b) to bring further significant increases. It should only end below the resistance at $56.43, where a fresh sell-off should replace it. The price should then fall back significantly to complete turquoise wave 2. However, our alternative scenario (48% probable) should be considered, which calls for sustainable rather than corrective gains. It comes into effect on a break of the $56.43 mark and already sees the coin in the turquoise-colored wave alt.3.
BINANCE:AVAXUSDLong
by MarketIntel
1
AVAXUSDT ANALYSIS 1H You seem to want to conduct a technical analysis of the AVAX/USDT trading pair. Here's an interpretation based on the information you provided: Critical Resistance Zone: You've identified a significant resistance zone between 39 USDT and 39.7 USDT. This suggests that the price is struggling to break above this range, indicating potential selling pressure in this zone. Sell Position: You propose taking a sell position in this zone, indicating an anticipation of a potential price decline from the identified resistance. Risk-Reward Ratio (RR): You mention a risk-reward ratio of 1:4. This implies that your profit target is four times larger than your stop loss level—a common approach for better risk management. Stop Loss and Gain Levels: You suggest placing the stop loss at 40 USDT, slightly above the resistance zone, and setting the gain at 35.8 USDT, based on supply and demand zones. Supply and Demand Analysis: Your approach is grounded in the theory of supply and demand, considering areas where supply and demand are likely to interact. It's crucial to note that trading always involves risks, and market movements can be unpredictable. It's recommended to exercise caution and conduct thorough research before making trading decisions. Additionally, keep in mind that financial information is subject to rapid changes, and staying informed about real-time market developments is essential.
Short
by CRYPTO_SETUP
🏔️📈 AVAX - Support and Potential Entry Points! 🚀💰🔍 Current Situation: Support Found: AVAX has identified local support at $34.74. Price Movement: The price is gradually advancing toward $42.30. 🚨 Contingency Plan: Next Major Support: If the current level is lost, the next substantial support lies at $28. 📊 Trading Strategy: Laddering In: It's considered safe to ladder into positions as long as AVAX maintains and constructs structure at $35.27. 📢 Note: Always stay vigilant about market conditions and adjust your strategies accordingly. Keep an eye on broader trends and potential scenarios. 🏔️📈 #AVAX #CryptoTrading #SupportEntry 🚀💰
Long
by Richtv_official
AVAX WEEKLYBullish on AVAX/USDT / Weekly Chart. ..................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing.
by CryptoTrend-Alerts