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Avax

AVAX Technical AnalysisAvalanche (AVAX) Analysis Avalanche (AVAX) has been gradually recovering after a significant drop that saw the price decline from the $31.89 level down to a low of $17.29. Recently, AVAX has been trading on a support zone (Yellow) at $20.69 - $23.04, indicating some consolidation as it attempts to regain bullish momentum. Currently, AVAX is hovering around the $23.05 mark, just above the critical support zone (Yellow) at $20.69 - $23.04. Despite this recovery, AVAX faces strong resistance near the $24.53 level, as seen in the recent price action. While the market is showing some signs of recovery, a further downside movement towards lower support zones, particularly the $20.38 level, seems possible if the buying pressure weakens. If AVAX fails to hold above the support zone (Yellow) at $20.69 - $23.04, it may re-enter a bearish phase, pushing the price back towards the lower support level that could determine its medium-term direction. AVAX is currently at a crucial juncture, with the potential for further downside if it fails to break key resistance levels. Traders should watch for the price holds above the support zone (Yellow) at $20.69 - $23.04 for a potential bullish continuation or a rejection that could lead to a retest of the lower support levels.
by TheCryptoCity
AVAX🔍 AVAX/USDT Analysis: 4-Hour Timeframe 📉 The AVAX/USDT chart on a 4-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. It’s essential to analyze these signals in conjunction with higher timeframes for a comprehensive market view. • September 8, 2024, 9:00 AM - Red Line: This time marks a potential local peak, signaling a possible moment to reduce exposure or take profits. • September 12, 2024, 9:00 AM - Green Line: This time indicates a potential local low, offering favorable conditions for accumulating AVAX or entering long positions. • September 19, 2024, 5:00 PM, September 25, 2024, 6:00 PM - Red Lines: These are additional times marking potential local peaks, suggesting moments to consider exiting positions before a downturn. When working with this 4-hour timeframe, remember to evaluate these movements within the context of the broader market trend, considering higher timeframes for a more global perspective. Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
Long
by trushkovskiy
AVAXUSDT: Is a Major Reversal in Sight?Yello Paradisers! Are we on the verge of a significant breakout, or could a sharp reversal be just around the corner? Let’s dive into the #AVAXUSDT analysis. 💎#AVAXUSDT has been riding an uptrend over the past few days, finding solid footing on an ascending support line. This support has been tested multiple times, and each time, AVAX has rebounded, signaling strong buyer interest. Most recently, the pair dipped and tapped into this crucial ascending support, which also coincides with a previous resistance level that has now flipped to support. 💎Currently, there’s a high probability that AVAX could continue its upward movement, but the road ahead isn't without obstacles. The pair will soon face resistance levels that could challenge this uptrend. 💎However, if the ascending support fails to hold, the next key level to watch is the 0.618-0.66 Fibonacci retracement zone, which falls between $21.44 and $20.94. This area could act as a strong support, potentially propelling AVAX toward the minor resistance at $24.71. Beyond this, significant resistance levels are spotted at $27.22 and $30.22, provided the volume remains strong. 💎Keep in mind, our bullish outlook will be invalidated if we see a candle close below the $19.74 support zone. In that case, we could be looking at a more prolonged downturn. Stay vigilant and trade smart Paradisers! Consistency and discipline are your best tools in navigating these volatile markets. Strive for consistency Paradisers, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
Trading Signal For AVAXUSDT Trading Setup: There is a Trading Signal to Sell in AVAXUSDT Avalanche (1h) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 23.85 ⭕️SL @ 24.46 🔵TP1 @ 21.87 🔵TP2 @ 21.00 🔵TP3 @ 19.65 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Short
by pullbacksignal
Aug 24Overview: As we begin the last week of August, we might be heading into a very turbulent period. On one hand, BINANCE:BTCUSD hasn't even broken its previous bull run's all-time high when adjusted for inflation. Neither the halving nor ETF demand was enough to push crypto higher, and now we have some altcoins like BINANCE:AVAXUSD trading 30% below their January 11th BTC ETF levels. On the other hand, the FED is finally planning to cut rates on September 18th, which could potentially loosen the printing press. Remember when it was going "BRRRR"? Well, it technically never stopped—just in the form of government spending. Unfortunately, that windfall doesn’t seem to reach speculative assets. Congratulations on last week’s gains, with some coins such as COINBASE:ARBUSD , BINANCE:MATICUSD and BINANCE:AVAXUSD posting +30% gains. If you bought the dip, this is a great moment to take some profits, or at least move your SL higher. This Sunday was the first in four weeks that didn't post a red candle, as we noted in a previous letter. But it wasn’t very green either, closing with a 0.11% doji. The red candle was merely postponed to Monday morning. The U.S. Employment Report on Friday, September 7 at 8:30 am is crucial because it will provide key insights into how the recent interest rate hikes are affecting the labor market, particularly regarding rising unemployment and jobless claims. As the Federal Reserve continues its tightening policy, this report could signal whether the economy is heading toward a slowdown, which would influence future monetary policy decisions. Quick note regarding BINANCE:TONUSD On August 20th, we mentioned that it "finished drawing its 'Motive' part of Elliott's wave pattern. In about 40 hours, it might finish drawing the B wave, presenting a short opportunity that will last throughout the C wave down." Unfortunately, the market witnessed the C wave not because of Elliott's wave but due to Pavel Durov being arrested by French police the moment his plane landed. TON crashed that day by 18.40%. Although Pavel isn’t the founder of TON, he is closely affiliated with it. W: Reached BB MA. If bulls can hold the $63.1k level, there’s a chance for a 4th wave to $70k. D: Held the important bullish W level of $64k. It’s better to have that buffer between $63k and $ 64k for bulls to regroup and go on the offense again. Currently at the upper bound of BB. If the next W level of $63.1k doesn’t hold and it corrects to BB MA, it will hit the D level of $61.8k. 4h: Losing the $ 64k level early Monday morning in the U.S. 1h: MACD divergence yesterday, on the 25th at 8 pm NYC time. We are now seeing the result of that divergence. Alts Relative to BTC: Altcoins didn’t hold as well as BTC over the weekend, correcting from the heights of the pump: BINANCE:UNIUSD 10% BINANCE:SUIUSD 9.56% BINANCE:NEARUSD 8.25% Bull Case: BTC holds W levels and continues pumping with new strength toward $68.2k. Bear Case: This was a classic bull trap—one last breath, one last wave, one last pump before a free fall toward $52.2k. Fear and Greed Index: 56.2. We’ve been bouncing in the Neutral zone since May 19th with occasional and insignificant peaks into the Greed territory. However, even this chart has been drawing lower highs and lower lows. Prediction: BINANCE:BTCUSD corrects to $61.7k Opportunities, at W, 4h Divergences of Major Alts: Since BINANCE:NEARUSD broke through its W resistance of $4.38 during the recent pump, it’s very likely to return to that level, which should at least become new support. This presents an 8.62% short opportunity. BINANCE:SUIUSD has drawn a MACD bearish divergence on the D timeframe and has also just hit its W resistance level of $1. TP at $0.85, which is 10.00% away. BINANCE:TAOUSD reached its upper W resistance. Correction to D level $304 could produce a 12.51% return. BINANCE:FTMUSD is at its resistance level. There’s an opportunity to make 17% by shorting to its next W level of $0.40.
COINBASE:BTCUSD
by EvgenCapital
AVAX USDT 15M🔍 AVAX/USDT Analysis: 15-Minute Timeframe 📉 The AVAX/USDT chart on a 15-minute timeframe highlights significant upcoming times where price movements may present trading opportunities. For short-term, intraday, or scalping trades, consider focusing on lower timeframes, but always ensure to analyze these signals in conjunction with higher timeframes for a more comprehensive understanding of the market. • August 24, 2024, 01:15, August 24, 2024, 14:00, August 25, 2024, 01:45, August 25, 2024, 20:45 - Red Lines: These times mark potential local peaks. Traders might consider these as moments to take profits or reduce exposure, as the price could encounter resistance or a downturn. • August 24, 2024, 05:30, August 24, 2024, 19:45, August 25, 2024, 08:45 - Green Lines: These times indicate potential local lows, providing favorable conditions for accumulating AVAX or entering long positions. Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC+3 (Kyiv/Istambul).
by trushkovskiy
AVAX USDT 4H🔍 AVAX/USDT Analysis: 1-Hour Timeframe 📉 The AVAX/USDT chart on a 1-hour timeframe highlights significant upcoming dates where price movements may present trading opportunities. As always, it is crucial to analyze these signals in conjunction with higher timeframes for a more comprehensive understanding of the market. • August 24, 2024, 17:00, September 6, 2024, 05:00, September 19, 2024, 17:00 - Red Lines: These times mark potential local peaks. Traders might consider these as moments to take profits or reduce exposure, as the price could encounter resistance or a downturn. • August 31, 2024, 21:00, September 12, 2024, 09:00, September 24, 2024, 21:00 - Green Lines: These times indicate potential local lows, providing favorable conditions for accumulating AVAX or entering long positions. When working with this 1-hour timeframe, keep in mind that these movements should be evaluated with a global perspective, considering higher timeframes to better grasp the overall market trend. Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
by trushkovskiy
AVAXUSDT: Are We on the Verge of a Major Breakout or Breakdown?Yello, Paradisers! The #AVAXUSDT pair has been setting up an intriguing pattern that demands your attention. But the real question is: Will it explode higher, or are we in for a sharp decline? Let’s dive into the details. 💎#AVAXUSDT has been forming an ascending triangle, a classic bullish pattern, with multiple taps on both the support and resistance levels. This suggests that a breakout could be on the horizon, but it’s not all clear skies. 💎The pair has been respecting its weekly demand zone, with a strong buying interest around the $20.90 level. This level has been a key area of support, and as long as the price stays above this zone, the bulls are in control. 💎The ascending triangle's support aligns with this demand zone, increasing the probability of a bounce if the price revisits this level. 💎Below the $20.90 zone, there’s a strong support at $16.18. If the ascending triangle’s support fails, the price could quickly drop to this level. 💎On the upside, AVAXUSDT faces minor resistance at $24.21. If bulls can push through this level, the next major resistance zone lies between $26.69 and $28.64. 💎However, a critical point to watch is the $16.18 support. A candle close below this level would invalidate the bullish trend and could signal a much deeper correction. So, what's next? If the bulls maintain their grip on the market, we could see AVAXUSDT challenge higher levels. But stay cautious—any sign of weakness could lead to a sharp pullback. Remember, Paradisers, in these volatile times, discipline and patience are your best allies. The market can be unpredictable, but by sticking to your strategy and managing your risks, you’ll stay ahead of the curve. Keep a close eye on these key levels and trade smart! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
1
AVAX $300+ This Bull RunBuckle up ladies and gentlemen, we are at the part of the cycle where we are nearing the end of the consolidation period and are getting ready to catapult, BTC at any moment will break 62k and when 70k is broken the true alt season run will occur. Avax is putting out a lot of amazing things and doing on chain collabs for example the California DMV is building their titles on AVAX which is actually insane making real life utility. $300 is a good base target but we can easily push 4-500$
BINANCE:AVAXUSDLong
by SnyyperT
1
Alikze »» NEAR | C wave correction leg🔍 Technical analysis: C wave correction leg - It is moving in a descending channel in daily and weekly time. - At the last stage of correction, it can extend to the area of ​​the bottom of the channel and the green box. - Therefore, considering that it has faced selling pressure in the middle of the channel, if the supply zone does not fail, the correction will continue up to the specified zone and Fibo 1.618. - The range of 2.479 to 2.768, if faced with demand, can provide a suitable area for buying and a return to the middle of the channel. - This zigzag correction, if it is not combined and complex, can continue the upward trend after completing the last corrective leg, according to the behavioral scenario presented in the previous post. 💎 Alternative scenario: In addition, if it can meet the demand in the middle of the channel, it can have a temporary growth up to the ceiling of the supply range of the channel. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:NEARUSDT
Short
by alikze
AVAX - Daily Chart Analysis - A Short Term Opportunity#AVAX/USDT #Analysis Description --------------------------------------------------------------- + AVAX has formed a nice falling wedge pattern and also the price has hit the major support zone. + A clear breakout from the falling wedge is required for a confirmed bullish trend. + We will enter the long trend only after the confirmed breakout from the falling wedge. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 23.86 Stop Loss: 16.86 ------------------------------ Target 1: 29.92 Target 2: 35.25 Target 3: 43.69 Target 4: 62.57 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
AVAX - TRADING AT KEY SUPPORT LEVEL#AVAX/USDT #Analysis Description --------------------------------------------------------------- + AVAX is currently trading at a key support level, and holding this level is crucial for maintaining further bullish momentum. + A falling wedge formation is also visible, and a breakout from this pattern could drive the price higher. + A clear reversal from the support zone is needed to confirm the bullish trend. We can enter a long trade at the current price, with a stop-loss set below the support zone and a target at the local resistance. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 20.88 Stop Loss: 15.93 ------------------------------ Target 1: 28.10 Target 2: 37.44 Target 3: 48.62 Target 4: 62.34 Target 5: 87.40 Target 6: 99.28 Target 7: 133.97 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
AVAXUSDT.4HToday, I’m analyzing the 4-hour chart of AVAX against USDT on the Binance exchange. AVAX is currently trading at approximately $21.23, showing slight fluctuations within a downward trend observed over recent weeks. Key Resistance and Support Levels: The chart indicates a clear resistance level (R1) at $26.63, which AVAX has previously struggled to surpass. There’s a further resistance (R2) that is not within immediate reach, suggesting it’s at a much higher level. The primary support (S1) is at $17.12, which is significantly below the current trading price, indicating a potential downside risk if the bearish trend continues. Technical Indicators Analysis: • MACD: The MACD line is close to the signal line but slightly above, suggesting a possible mild bullish crossover. However, both lines are near the zero line, indicating overall weak momentum in either direction. • RSI: The Relative Strength Index is at 54.20, which is near the neutral 50 mark, suggesting a balanced condition between buyers and sellers. This neutral RSI hints that there might not be strong buying or selling pressure at the current level. Analysis: The trend lines drawn on the chart show a descending pattern, indicating that the overall sentiment in the market has been bearish. The current trading price near the upper trend line also suggests that AVAX is testing this bearish trend line as a potential resistance. If AVAX breaks above this trend line, it could signal a shift in market sentiment from bearish to bullish. Conclusion and Trading Strategy: Given the proximity of AVAX to the trend line and the mild signals from MACD and RSI, my strategy would involve cautious observation for a potential breakout above the trend line. If AVAX manages to sustain a breakout above this line and moves towards R1 at $26.63, it could present a buying opportunity with a target near R1. Conversely, if AVAX fails to break the trend line and starts declining towards S1 at $17.12, it could suggest that the bearish trend is still dominant, and a short position may be considered. In summary, the current setup warrants close monitoring for signs of either a bullish reversal or continuation of the bearish trend. Setting stop-loss orders just below the trend line in case of a long position, or just above it for a short position, would be prudent to manage risks effectively.
by MarsSignals
AVAX local trade for the next weekLocal trade for BINANCE:AVAXUSDT here is fresh quick logic for AVAX Possible Targets and explanation idea ➡️zoom in and mark range weekly High and Low. inside mark high and low daily ➡️4h timeframe mark potential zones and data what indicators shows ➡️ADZ - we are in accumulation) ➡️Tradeon - was signal to buy, but we missed so by logic we are bullish and ill try open long on weekly sweep with target sweep previous Weekly high ➡️MoneyPower - money inflow but would be good to see one sweep and new money inflow zone ➡️MarketMood - looks good we are desbelife zone buit this logic for 4h can add alert to my zone of interest and wait! or add alerts on indicators. Every time use stop loss Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
AVAX ANALYSIS (1D)From where we entered Start on the chart, it seems that the AVAX correction has started. The correction seems to be a diametric that we are now in wave E of this diametric. Now we have determined the best demand range on the chart. We will look for buy/long positions in this range. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
ALTS That are INCREASING as BTC Dips1) NOTUSDT BINANCE:NOTUSDT Great bounce from the support, RSI bottoms: strong in the 4h: 2) RUNEUSDT KUCOIN:RUNEUSDT From the 1h up to the daily, it seems as though RUNE is increasing after establishing a bottom of being oversold: 3) AVAXUSDT BINANCE:AVAXUSDT AVAX makes a turn around after bottoming out in the buyback zone: 4) BNBUSDT BINANCE:BNBUSDT BNB up 20 % in two days as buyers scoop up lower prices: 5) JUPUSDT BINANCE:JUPUSDT JUP increases 16% in one day: ________________________________
Long
by CryptoCheck-