AVAX Falling Wedge!BINANCE:AVAXUSDT is sitting in an aggressive wedge with prices being squeezed.
I've got this post as a long as the price action leans towards that direction.
Price is at previous area of value and with bullish divergence.
> Waiting for buying pressure.
Remember, this BINANCE:AVAXUSDT chart even though is sitting in a possible bullish wedge will be
dragged around by BINANCE:BTCUSDT so you must have plan A / plan B scenarios planned for.
You can refer to my CRYPTOCAP:BTC idea here: tinyurl.com
On a possible fake out of this level, this will provide bullish ideas in line with the falling wedge.
So the Bulls really need to hold this level (zone) to avoid further downside.
Bearish ideas could have potential targets to 12.03 levels.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Avax
Potential Reversal AheadDuring the preceding month, AVAX experienced a continuous decline, aligning with the predictions outlined in the previous analysis, until reaching the support level as indicated on the chart. Notably, the price range of $13.7-$14.20, depicted in blue, generated a favorable positive response. However, the $15 mark, which initially served as a support level, has now transitioned into a short-term resistance, leading to the establishment of a trading range between $15 and $14.
Furthermore, within the 4-hour timeframe, it would be prudent to anticipate the breach of the upper boundary of the channel, which can be depicted by a downward trend line or channel. Such a development would signal a forthcoming trend reversal in the days ahead. Consequently, in the weekly timeframe, should the price surpass the $15 range once again, it would imply a likely conclusion to the ongoing correction. Conversely, should market selling pressure intensify and the current support level for AVAX be breached, the subsequent robust and reactive range can be expected around $12.40.
Additionally, it should be noted that the Relative Strength Index (RSI) currently stands at 40. The RSI, a technical indicator, represents the strength and momentum of price movements. A reading of 40 indicates a neutral position, suggesting a balanced state between buying and selling pressures in the market.
avaxusdt are you rdy ?🧨😉Avax currency
First, I must say that there should be a downward trend until the target of $10.79. The short trend for this currency is up to this target.
The upward trend for this currency has two attractive targets and the entry is $10.79, then the targets it will see will be $21.34 and the doom target will be $30.49.
All analyzes are done with the knowledge of banking transactions.
AVAXUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a time frame analysis for AVAXUSDT.1D
We are on daily schedule. As you can see, the price is fluctuating in a neutral trend. And it is fluctuating on the first support zone. There are two scenarios. which we specified with guide arrows for you friends, but we expect that according to the hammer candle in the support zone and it is currently oscillating above the support zone, it can move towards the resistance zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
🔥 AVAX High Risk-Reward Double Bottom Bounce TradeAVAX has been selling off for nearly 5 weeks now. With BTC seemingly reversing as we speak, AVAX has found support at the most recent lows and is potentially aiming for a double bottom reversal.
I'm looking for a move all the way towards the most recent highs, around 21.50, over the next few weeks. With a R/R ratio of almost 13, it's a very lucrative low risk entry for a nice potential pay out.
Trade Idea💸 #AVAX💸
📊 5min
This analysis will be updated.
🟢BUY Level: 14.55$-14.45$
❌Stoploss: 14.390$
🎯TP1: 14.60$ ☑️
🎯TP2: 14.65$ ☑️
🎯TP3: 14.70$ ☑️
🎯TP4: 14.75$ ☑️
➖➖➖➖➖➖➖➖
📊Analysis Method⤵️
🔸Smart Money Concept
🔸Volume Profile
🔸Neural Network
🔸Echo
🔸Liquidity Swings + Order Blocks
➖➖➖➖➖➖➖➖
👤 Analysis by Jack-of-all-trades
📅 5.20.2023
AVAX Elliott wave Daily countAVAX is trading now into an important support zone.
If the price will go impulsive up I wont see this good as it will make an abc (blue count) flat correction for a wave B from a flat correction at a bigger degree (red count) that will turn de price down again.
All I want too see is to break now this support zone ( at least under 13.864 level, previously low) to complete a WXY complex correction and than to go up maybe for a wave 3.
If you have questions feel free to ask, also I want to see your thoughts about AVAX.
Good luck and hit the like button if you like my analysis and follow me for future count updates!
Avalanche: Gardener 🌷🌹🌼🌻The weather is getting better and the ones who can prepare their garden for the incipient new season of barbecuing, sunbathing, harvesting or just savoring nature. In its green garden between $16.67 and $11.77, Avalanche still has got some work to be done as well and should advance a bit deeper to finish wave ii in orange. Ideally, our crypto gardener should turn upwards near the 100.00%-retracement at $13.64, heading for the resistance at $21.81. To develop wave iii in orange, Avalanche should then climb above this mark, which should provide the altcoin with further upwards momentum.
🔥🚀Avalanche (AVAX) Poised for Growth: Key Levels & Targets🔥Hi, friends! Avalanche is consolidating between 2 massive value areas. This is not good for volatility, but yesterday's shakeout shows that growth is much possible scenario. Why?
The sl of the long traders were triggered which gives the whales more liquidity and AVAX more chances to grow.
📊 TRADING PLAN FOR AVAX:
🔥 exit out of $ 17-17.8 value area
🔥 huge buy orders on DOM and Footprint
🔥 bullish BTC is a must-have for altcoins growth
✅ THE MAIN TARGETS FOR AVAX:
1. $ 19.5-20.2 - the value area
2. $ 22.2 - the key level and local high
3. $ 25 - the key level and even number
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
AVAX: Ascending TriangleAvalanche (AVAX) technical analysis:
Trade setup : Price is trading in an Ascending Triangle. Swing traders can enter near triangle support trendline (~$17) and exit near $22 triangle resistance, where it got rejected several times this year. Trend traders should wait for a breakout, ideally above $22 resistance, to signal Uptrend resumption.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $15, (previous resistance), then $10. The nearest Resistance Zone is $22, then $30.
Avax: Snap back to reality, whoop there goes gravity. Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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AVAX FLAG!KUCOIN:AVAXUSDT
AVAX sitting in a possible bear flag and looks like retesting the 382 (tempting!).
In consolidation at the moment. Break upwards will provide potential to 21.56 zone.
Break down, look for holding to 13.87 zone.
Uncertainty in US markets with potential of further bank collapses.
Bitcoin will run in this event providing upside to this potential setup.
Key: Let the market show you the direction.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Avalanche AVAX price preparing for a new wave of growth ?It is very likely that the AVAXUSDT price is now completing a correctional wave (2)
Critical support below which the AVAX price should not fall is $13.90-16
If this is the case, then the Avalanche token holders will face a (3) growth wave ahead.
The targets for growth in this wave are currently "smeared" at 37-50$
If this asset is interesting to you, then be active in the comments, we will see them and make more ideas for AVAXUSD as the price grows
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