Avax
AVAXBNB 1DAVAX/BNB, I believe it has already reached the bottom, as since its ATH on February 11, 2021, it has corrected around 88.10% and being of a very high octane rating, it now follows its ascending scale. Its resistances are: 0.05874 / 0 .06403. With the MM200 above serving as a magnet, it quickly hits the target.
$AVAX #AVAX | LTF LONGThis zone might be worked as a support level.
The bottom of the red box, liquidity zone and around 11.36 will be the points I will observe as resistance.
With the loss of 10.68 (1H) , the first bounce of the price will be around 10.18.
I wish everyone a good year.
AVAX Breakout PotentialIndicators used:
True Momentum Oscillator
Fibonacci Bollinger Band Cluster
Consensus Tables
The daily AVAXUSDT chart seems primed for a breakout, with lower timeframe charts beginning bullish movement. The TMO is in the oversold lower range with the momentum heating up towards the zero line. Price is hovering around the bottom-most band of the Fib. Bollinger Band cluster, past the 1st, 2nd, and 3rd deviations. Price action is testing upper bounds of a larger trendline, potentially as part of a falling wedge. Wedges of the sort have a tendency to break into inverse head and shoulder patterns, which could lead to a price recovery into the $13.50-14.40 range, provided BTC holds up. Otherwise, a test of the lower trend line is likely.
The point to be supported is...Happy new year!
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(AVAXBTC 1W Chart)
In order to dissipate the rising force, it must rise above 0.008 602 ~ 0.0009 187.
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(AVAXUSDT 1M Chart)
The key question is whether the price can sustain its rise above 13.47.
If not, it is better to wait until HA-Low is created in the long term.
(1W chart)
If it continues to decline along the downtrend channel, there is a possibility of a decline to around 6.54, so we need to think about countermeasures.
(1D chart)
The question is whether it can break out of the downtrend channel by moving sideways around 10.83.
If not, a decline to around 7.72 is likely.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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AVAXUSDNot a bad looking chart and considering its still making LL, we just need to bulls to step in and take control of these bears. AVAX ticks a lot off my check list when it comes to location, indicator confirmation but still lacking price structure. Another thing to add is that I like to look at charts that have a decent risk reward which AVAX seems to have. As always, trade at your own risk and never go full retard on any one trade.
AVAXUSDT 4HClassic rectangular formation caused in part by the triple bottom at 11.14. At the moment AVAX is licking the lower edge of the rectangular base and touching the lower line of the Keltner channel, in addition the stochastic RSI is indicating cooling of sellers which technically all indicates a good moment for Long.
From top to bottom AVAX has already corrected 92.40%, not long ago Defrost Finance, a decentralized leveraged trading platform on the Avalanche blockchain and investors reported the loss of AVAX tokens from MetaMask wallets.
A high-octane, feature-rich token, Alibaba Cloud has announced an integration with the Avalanche blockchain to power the company's Node-as-a-Service initiatives.
Follow support and resistance
S: 11.14 / 10.57
R: 11.53 / 11.90 / 12.68 / 14.37
AVAXVery simple ... Very clear!
Everything is marked on the chart.
This is my personal opinion. Please do not trade based on my analysis and data.
AVAX ANALYSIS#AVAX UPDATE.
#AVAX is facing huge resistance at the red box resistance area and got rejections on 4 TF.The current resistance for avax is the 20SMA on BB .The contraction of the BB suggesting some strong and flash move waiting ahead for avax .Do not enter in longs until avax close above the red box resistance.
AVAX analysis 1HI hope you are fine
Probably one up and then we will enter again. The fall will be deep. If it reaches a high point, short positions will be safer. It's just a deep breath to keep falling
Comment if you have any questions
Thank You
AVAX_USDTavax After being rejected from the $14.2 resistance, it is returning to the $12.8 support. And there seems to be a trading range between these two prices. which is broken from any side, the market trend will show in the future...
Trading opportunity for AXSUSDTBased on technical factors there is a Buy position in :
📊 AXSUSDT
🔵 Buy Now 7.67
🧯 Stop loss 6.60
🏹 Target 1 10.00
🏹 Target 2 12.87
🏹 Target 3 16.67
💸RISK : 1%
We hope it is profitable for you ❤️
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AVAX/USDT 1DAY UPDATE BY @CRYPTOSANDERS !!Welcome to this quick AVAX/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Avalanche (AVAX) was a notable gainer on Tuesday, as prices surged following the release of U.S. inflation figures.
November’s consumer price index (CPI) came in at 7.1%, which was lower than the 7.3% traders were expecting.
As a result, AVAX/USD rallied to an intraday high of $14.09, which saw prices up by nearly 10%.
Today’s rise saw the avalanche hit its strongest point since December 5, which was the last time the token was trading above its ceiling at $13.75.
The 14-day relative strength index (RSI) also rose, breaking out of a resistance point of 51.50 in the process.
Gains in AVAX have eased from earlier highs, and as of writing the token is trading at $13.94.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
Avalanche Analyze (Short term, Timeframe 4H, 12/05/2022)!!!
Avalanche was able to reach the resistance zone by zigzag correction.
The sign of the end of the zigzag correction is the creation of two Shooting Star Candlestick Patterns in the resistance zone.
I expect Avalanche will go down at least until the support zone after breaking the uptrend line.
Avalanche Analyze (AVAXUSDT) Timeframe 4h⏰ (Log Scale).
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.
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Avalanche shortAvalanche broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 11.52 is possible.
AVAX - Technical review and analysisAs long as the $13 support holds, Avax can maintain its short-term bullish momentum and could even break the current resistance, hitting the $14.8-$15 range.
Therefore, until these levels become support, Avax can remain in a bearish trend on a daily timeframe. The bottom line is that a break of the support could bring the price back to the previous low in the $12 range in a bearish scenario.
Buying is risky because it is close to the resistance zoneHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(AVAXBTC 1W Chart)
If it is supported and rises in the range of 0.0007 164 to 0.0009 769, it is expected to release the power of the rise.
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(AVAXUSDT 1W Chart)
It is important to be able to rise to the 15.44-20.30 section and be supported.
To do that, we need to see if we can get support around 13.47.
(1D chart)
It's a matter of being supported in the 12.77-13.47 section or higher and being able to rise above 15.44.
If not, you should be careful as there is a possibility that you will be forced to move around 6.54.
The 15.44-20.30 section is the section that determines the trend, and if it is supported and rises in this section, it is likely to continue the uptrend.
That said, the 15.44-20.30 section is a section with strong support and resistance, so be careful buying.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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Technical analysis for AVAXThe instrument has captured inside admirable and wide consolidation. Currently the volumes are low. The breakout depends on the market background and the BTC behavior. Watch the activity on the levels only after having previous 2 touches for both cases, namely long and short.
Long AvaxAvax is bullish because it is moving in this parallel channel. If at any point it breaks the rising support, it will go down so must place stoploss.
It is also making series of higher highs and lower highs which is indicating an upward trend.
AVAX (Y22.P4.Video1).Macro hypothesis and trading setupsHi All,
#AVAX #AVALANCHE #CRYPTO
Looking at #AVAX at the macro cycle so far, find reasons for support and resistance and how they align with likely the wyckoff cycle.
We look at the bullish and bearish scenarios We investigate the likely shorting opportunities as well if it plays out.
All the best,
S.SAri
AVAXUSD Don't get excited until it breaks these levelsAvalanche is having a good stretch in December but we can't lift our hopes yet as it remains below the 1D MA50 . Even if it breaks it, it will still be contained inside the Falling Wedge of June. Our signal to enter AVAXUSD will be when it breaks the 1D MA200 , which is untouched since April 10th. The bullish target will be $30.00.
Until this happen, with the RSI pattern looking increasingly like the last 1D MA50 rejection, it is more likely to see the Falling Wedge break downwards and make a new low on the 1.236 Fibonacci at $9.00.
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Awax is bullishAvax is in uptrend as can be seen in the upward parallel channel. Support and resistance(target) levels are indicated. If breaks the support, short it to the lower support level.
