AVAX - Downtrend continuationI can see AVAX continue to go down since it's currently testing resistance of its major trendline, could take a bit more of time since ETH is trying to hold $1700.
Avax
short it all to zero | $avax to $22exited all longs with this pump. was mainly in eth as wee moved avax long profits to eth a few days ago.
don't think avax takes out the high. was the final momentum pump we were looking for.
next two weeks or so expecting all downside action.
just about everything should be a safe short from here.
Avalanche: The Very Hungry Caterpillar 🐛You know the children’s book The Very Hungry Caterpillar by Eric Carle? Just like the story’s protagonist, Avalanche is crawling around with wriggly movements and is repeatedly gnawing at the turquoise zone between $25.29 and $39.63. If the altcoin wants to further our primary scenario, though, it should pupate soon and emerge as a beautiful butterfly, flapping away above the resistance at $103.64. However, there is also a chance that Avalanche could lose its footing and drop below the resistance at $9.25, which would then elicit a strong downwards spiral.
$AVAXUSDT Long SignalOne of a hidden gem, its going to explode in the next few weeks. Sitting in as a short term correction after which it will be making moves to the upper levels soon.
My setup is as follow:
Binance Futures Long (10X)
Entries
18.20 - 21.50
One time Entry
20 - 22.45
As a good trader always uses Stop Loss, for me i am setting a Stop Loss of 13.5 - 14.35 (trailing).
Please be careful with your investments.
-------------------
MetaFutures
$avax short vs eththink all markets are essentially topped, so looking for best shorts. avax looks like it's at heavy resistance here vs eth. think it's likely the better short.
should drop ~10% vs eth.
Avalanche shortAvalanche broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 22.28 is possible.
#replay 71 - H4 SupplyJust had a review over the latest trend of AVAX, and found a beautiful one. After sweeping on the top the retest of the supply zone (two zones, wow!) successfully reach to the range low. Really beautiful run here.
AVAXUSDT 4hAVAX is forming a rising wedge channel which is bearish. Break below the trendline will go down toward 25-22-20 level accordingly.
AVAXHELLO GUYS THIS MY IDEA 💡ABOUT AVAX is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Buyers from this area will be defend this Long position..
and when the price come back to this area, strong Buyers will be push up the market again..
uptrend + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
AVAX TREND UNDER THREAT?AVAX 1D: Bearish flag brewing as illustrated between the white regression lines. Also note the declining volume against rising price as shown along the bottom of the chart. Strong price architecture is built on a solid volume foundation. That foundation looks to be waning.
A downside breach of the 24.17 level, which is (-2 ) standard deviations off the linear mean, would potentially put the recent upward trend under threat.
The RSI has touched the overbought level at the top end of its range on the 1 day time frame and begun trending downward. Trips over 70 on larger timeframes such as the 1 day chart are significant indications of a rally potentially coming to its end. Stay nimble out there.
AVAX Trading IdeaHello every one
this is my idea for AVAX , i see a reversal wedge in 4H , and based on Fibo & Static-Dynamic Supports & Time analysis ; I think AVAX could experience such a way.
what's your idea
thanks for following me and your comments ;)
BINANCE:AVAXUSDT
AVAX rise by 123%🔥 Will the party continue❓Hi friends! Avalanche is already rise by 123% from it`s bottom. By the way BTC made +40%.
Now the price is inside the wedge and ready to break up from one side. But AVAX need to make a pullback to cool down. This is a chance to open a long for us.
If the price fall to the closest value area it should become the support. The second support is lower boundary of the wedge. These two layers can stop the fall and let the alt to cool down before the growth to the new targets.
📊 Preconditions to open a long:
1. local pullback to the $23-25.5 value area and lower border of the wedge
2. volume growth which confirms the big players pressence
3. BIG ORDERS by the whales on DOM and Footprint. If the big orders apear it`s a big chance to the AVAX to continue it`s growth because the whales won`t let the price to fall.
4. bullish BTC
📊 The targets are a key levels:
🔥 $40 - closest resistance
🔥 $50 - even number
🔥 $70 - local high
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Avax Short - Taking liquidity from bulls
Reasons to take Short:
⭐️ BTC 100 ATR
⭐️ We coudn't update high
⭐️ Trendline is clearly seen on daily timeframe
⭐️ Had false breakdown
⭐️ 50 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
AVAX/USDT UPDATE 10.08The bowl formation continues.
targets are shown in blue.
needs to break the falling trends
Insights shown here are for follow-up purposes only.
Not Acceptable as ANY Investment Advice
FANTOM - 3 Levels to Buy FromProfessor's outlook is positive on BTC ands cryptos for reasons you can see here:
AVAX is at a major level as 27,65 had been our target since 14cents:
That level should/at least could, become now support .
Let's go higher where we Belong.
One Love,
The FXPROFESSOR
#AVAX, Could be up to something 🤔#AVAX
Could be up to something 🤔
Highest value since May while UCTS printed a 2D Buy
setting some alerts just in case volume starts getting momentum toward 30$+
Avalanche: bullish outlookThe market remains in the uptrend on the Daily timeframe. Another resistance with the borders of $24.38 – $25.76 was broken on August 6. Now we see the beginning of the correction wave after the bullish impulse formation, but the trend is still bullish on the Daily price chart.
A pullback buying opportunity will appear after the correction completion on the Daily timeframe. The high of the yesterday’s candle may be an intermediate target when the upward movement continues.
If the upward movement develops, the next target will be around the resistance formed on May 13 – 18. This is the price range of $36.54 – $38.38 .
Long positions will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of August 1 – 4 . The borders of this support are $21.96 – $22.69.
AVAX listing on RobinhoodI heard AVAX got listed on Robinhood.
After the initial pump, Price has been testing 30.23 level, worth keeping an eye on.
If the News entry was missed, it's worth waiting to see for 30.23 to be definitively Confirmed or Rejected before opening a Trade.
As I'm writing this, the current 4H Candle looks Oooff!
AVAX Long : Bounce with a Confirmation off 30.23, targeting 31.25 and seeing how it goes from there.
AVAX Short : 30.23 Rejected, News hype died down, targeting 27.30
$avax target remains $28-30should have stuck with this game plan as avax bounce right at our w4 completion zone.
still targeting $28-30 minimum.
only area i'm concerned about is the ? white box. rejection there would signal another wave down and likely the end of this bull run.
until then, long your longs.
avax vs eth for additional context. think avax outperforms again:
AVAX to re-test the $39 IF we hold $27 as support.AVAX has been massively oversold and undervalued for the last few months.
We've seen a strong relief rally thus far that may be sustained until $34 - $39 IF we can turn $27 into support.
If $27 does not turn into support and BTC and ETH see a correction, we could see price action for AVAX take another dive down to the low 20s.
AVAX to re-test the $39 IF we hold $27 as support. AVAX has been massively oversold and undervalued for the last few months.
We've seen a strong relief rally thus far that may be sustained until $34 - $39 IF we can turn $27 into support.
If $27 does not turn into support and BTC and ETH see a correction, we could see price action for AVAX take another dive down to the low 20s.
