AVAX - TIME FOR 27,65Nice Pump for BTC as expected:
With Bitcoin back on the rise AVAX has a prime opportunity to test the 27,65$ resistance.
Thanks to the FEDS:
Powell hints Fed could slow pace of rate hikes
The major averages surged as Federal Reserve Chair Jerome Powell spoke at his press conference on Wednesday and suggested the central bank could slow the pace of its hikes.
Good news and a positive GDP tomorrow could boost things Higher.
One Love,
the FXPROFESSOR
Avax
AVAX fat profit + 40% deposit potential!▪️Deadline for the deal is 7-10 days. Technically, it looks very nice, we are at $20 (psychological support level), we are trading at the lower border of the channel, also pay attention to the indicator below, it signals a buy, you need a short stop for your risk management.
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
Avalanche (AVAX) - July 27Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(AVAXUSDT 1W Chart)
The key is to find support in the 19.79-23.96 zone and move higher than 32.23.
If it falls below 19.79 and finds resistance, then it is likely to drop below 13.47, so trade cautiously.
(1D chart)
Primary resistance: 30.32-32.23
Secondary resistance: 43.66
1st support: 19.79-23.96
2nd support: 13.47-16.56
- The RSI indicator is falling out of the overbought zone.
- The Stoch RSI indicator is located in the oversold zone.
So, if you find support near 19.79 when you break out of the oversold zone, you would expect a short-term uptrend.
However, it may temporarily touch the 19.79 area and move higher, so you need to trade cautiously.
- In the CCI-C indicator, if the CCI line is maintained above the EMA line, it is likely to show an upward trend.
Therefore, it is necessary to ensure that the CCI line remains above the EMA line.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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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AVAX- On SupportNo tears , No fear, No FUD...
Just chart:
AVAX on support and an entry for LONG position here.
As explained BTC will most likely rise this week despite the Rate Hikes and GDP:
BITCOIN - Most Likely Will Rise Despite the FUD :
Am i sure? No I am not, that's the beauty of trading.
Buy on support, change direction under it.
Support is now.
One Love,
the FXPROFESSOR
AVAX- Updated Levels 🔝🔟🎩Hello everyone,
market is bullish and might as well remain that way until fundamentals kick in (I expect GDP on the 28th and not so much rate hike on the 27th to slow things down).
For the time being I want to protect my Long positions from the past 3 weeks, it's going great but hedging might be needed today.
here is the chart, use it as you know best.
One Love,
the FXPROFESSOR
Avalanche Breaks Bullish Consolidation Pattern (180%+ Potential)Avalanche (AVAXUSDT) broke out of a bullish consolidation pattern after 6 days of green.
Monday EMA50 was conquered and yesterday this same level was tested as support and holds.
We have can a small retrace before higher prices but it is also possible to see straight up.
The potential is huge for AVAXUSDT at 180% for the next bullish jump.
You can see the targets and additional information on the chart.
Namaste.
Avalanche Trade Signal (160%+ Potential Target)ENTRY: $16.60 - $19.25
TP1: $22.32
TP2: $27.50
TP3: $35.95
TP4: $49.60
STOP: Close daily below $15.10
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Here you have the full numbers for the AVAXUSDT trading pair.
This is not financial advice.
Remember to do your own research before trading.
Good luck and good profits.
Now & Always.
Namaste.
💡Don't miss the great buy opportunity in AVAXUSD @avalancheavaxTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.85).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AVAXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 25.18
TP2= @ 27.64
TP3= @ 30.26
TP4= @ 33.19
TP5= @ 36.75
SL= Break below S2
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