AVAXUSDT | Wave Projection | Bullish Wedge Ending DiagonalPrice action and chart pattern trading setup
> Elliott Wave analysis possible 2-wave ending diagonal pattern with bullish momentum - a potential falling wedge breakout scenario
> Entry @ 2-wave bullish wedge breakout and EMA10 TF24H
> Target @ upper downtrend line resistance 0.618 - 0.786 retracement of 1-wave zone + 30- 40%
> Stop @ the lowest 2-wave position -10%
> Risk reward ratio: 2:1 / 3:1
Indicator:
>RSI bullish momentum about to cross MA line
>MACD bullish momentum just below signal line
Always trade with affordable risk and respect your stop
Avax
Trading opportunity for AVAXUSDT AvalancheBased on technical factors there is a Long position in :
📊 AVAXUSDT Avalanche
🔵 Long Now or by Breakout
🧯 Stop loss 16.91
🏹 Target 1 23.50
🏹 Target 2 27.20
💸Capital : 1%
We hope it is profitable for you ❤️
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Avalanche (AVAX) - September 1Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
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(AVAXUSDT 1W Chart)
The key is whether the 15.44-20.30 zone is supported and able to rise.
(1D chart)
To get out of the downtrend channel, we need to see if we can find support in the 15.44-20.30 zone.
In particular, you need to make sure that the price remains above 20.30 after around the 9th or 11th.
If they can't get out of the bearish channel, they could move towards the 7.72-10.73 section.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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AVAX H4 potential bullish reversal AVAX looks to be entering an inverse head and shoulders bullish reversal.
invalidation of this pattern at ~$19.40, potential to the upside going into resistance at $22 and $23 respectively where some chop should be expected if this setup plays out.
NOT FINANCIAL ADVICE
AVAXUSDTNow is not the time to be buying Alts.
Patience is key. Total Market Cap is rolling over. Im expecting a fud storm so that the new institutional entrants to crypto can get a large position at MUCH lower prices. I will start my DCA campaign on AVAX when we get back to single digits. very unpopular TA with AVAX lovers but I intend on getting myself a nice bag at lower prices. I want to see an accumulation range and a nice W bottom on a weekly chart.
Im not overly bearish at these levels but not bullish either. Now is not the time to be Bearish. Hope everyone has some dry powder for when the opportunity presents itself.
🔥AVAX: risky trade, but worth it!Hi friends! AVAX got reputational problems and are accused of fraud. Due to this many hodlers of this coin have already sold it out and price fall to the $16-18.5 value area.
I think with high possibility the price will go lower to the local lows, especially if this scenario for BTC will happen. In this case all alts will fall to their local lows.
📊 Preconditions to open a long:
🔥 fall to the $13.71 key level
🔥 volume growth which confirm the pressence of buyer
🔥 bullish BTC
🚩 The main thing is to find the support by the whales, where the price can make a reverse and pullback. If i will see the HUGE orders wall to BUY, I`ll also try to enter the trade with the whales.
📊 The targets:
1. $23-25 - value area
2. $30 - key level, long term target
💻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.
AVAXUSDT has formed a Bullish pattern at the support zoneAVAXUSDT has formed a Bullish pattern at the support zone. The price was not able to break below the support zone. we can expect that the price goes up after the consolidation.
💎 AVAXUSDT
🔵 Entry zone 22.47- 23.72
🟢 TP1 25.36
🟢 TP2 29.26
🟢 TP3 34.79
🔴 SL 20.23
Good Luck 🎲
DOM and FP: this indicator show the best ENTRY point on AVAX🔥Hi friends! As we can see at hte volume indicators, a lot of traders buy the dip at AVAX. I marked two arreas where long the positions were accumulated by whales. If the price return to this area, it will be supported bu the whales because they want to protect their buying price.
So, in this case we can expect the pullback with amazing entry point close to the $15.5-18 value area. If i will see the HUGE whales orders on the DOM and Footprint indicators, I open nice long with short stop loss and 1:8-10 RR.
📊 Preconditions to open a long:
🔥 pullback to the $15.5-18 value area
🔥 huge BUY orders on DOM and Footrpint
🔥 volume growth at the volume indicator which confirm the pressence of buyer
🔥 bullish BTC
🚩 If BTC will fall to $19 500 - 20 000 area and will also be supported by the whales, it will be reversal point for all cryptocurrencies. In this case, all alts will make a huge PUMP.
📊 The targets are the key levels:
1. $31
2. $38
💻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 | Exit from the channel with subsequent correctionHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌AVAX we observe an ascending channel at 8H, you can also notice that there was a breakdown of the support level, thus we can understand that in the short term we are expected to have a downward movement.
📌Now the price is testing the channel support zone as a resistance zone, if the price fails to return to the channel, then most likely we will see a downward movement to the zone below $20
📌 I showed an approximate take profit and stop loss on the chart.
Not financial advice, just sharing my thoughts on a chart.
Also leave your comments what do you think about it.
📊 GMT is going down! Don`t get in trap.Hi friends! All alts make a huge pullback after BTC dump yesterday. It`s a good chance for traders to enter the best trade in a 3-4 weeks with 30-40$ potential.
📊 Here is a preconditions to open long:
🔥 liquidity collection (trap) for the long and short traders. When the price break the $0.7628, long traders will get sl actived and short traders will get sell limit activated and when the price go up, short traders become a fuel for the growth
🔥 volume growth that confirms
🔥 DOM and Footprint show the HUGE orders to buy and support by the whales. Here i can set short sl with the best RR
🔥 bullish BTC help GMT to reach it`s target
🚩 All alts follow the BTC, so bullish BTC is what probably all altcoiners and traders wait for.
📊The targets:
1. $1.125 - the key level
2. $1.32-1.44 - the value area
💻Friends, press the "like"👍 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.
Avalanche (AVAX) - August 20Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(AVAXUSDT 1W Chart)
The key is whether you can keep the price above 20.30.
(1D chart)
The key is whether it can move higher than 23.72.
Otherwise, it is expected to decline to the 15.44-20.30 section.
A move above 23.72 is expected to lead to an attempt to move above 30.03.
- The RSI indicator, the Stoch RSI indicator, and the CCI indicator are all in the oversold zone.
So, it's a good idea to check the movement until you start breaking out of the oversold zone.
- Aggressive buying is currently possible, but if you are unfamiliar with short-term trading, it is not recommended to challenge it.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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