AVAX looking to correct for a bit (Short - Scalp)We can see a bearish wedge (3 push), loss of bearish momentum in price as well as quite some selling pressure.
Avax
Nice long setup on AVAX- 21EMA curling above 50 EMA
- Broke support
- Bullish structure after consolidation
- Last time price reacted like this from the support and EMA's we saw a nice move towards the resistance zone around $21.50. I see this likely to happen again.
4R/R trade
$avax > $soly'all can have all the $sol you want.
$avax does not care.
both are great set ups, but gimme the red coin all day.
$avax shortclosed out of previous long right here and flipped short.
need to break this level and hold to confirm.
looking weak as of now.
Trading opportunity for AVAXUSDT Based on technical factors there is a long position in :
📊 AVAXUSDT Avalanche
🔵 Long Now 17.46
🧯 Stop loss 15.40
🏹 Target 1 18.70
🏹 Target 2 21.45
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
AVAX going up- Multiple support bounces
- Bullish engulfing
- Breaking through 21 & 50 EMA
TP: $18 for 3R/R trade
Bullish DIV on some of the bigger ALTSLooking at AVAX/USD it has the same signature as SOL/USD Leving Bullish Divergence on the higher time frames, LOW LEVERAGE is key because the value of the cryptos themselves go up as well as the profit. Shakeout will be violent at this stage if we decide to move hire. Good Luck
AVAXUSDT 6H TA: Support & ResistanceAccording to the chart, a suitable support range has been established in the range of $14. If this range is maintained and the resistance of the channel line is broken, the price will increase to $21 and $26. Otherwise, the price will decrease to the support range of $14.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
$avax local longbunch of local set ups look really good. especially for a weekend.
taking longer to play out than expected, but 'should' push upward. rsi playing topside.
anywhere between 10-22% move over the next few days.
eth and btc also look solid.
will cut at loss of support. play it by level.
#AVAX / #USDT : Analysishello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day!.
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Notice in the chart
We have a good support zone
In addition to that
The downtrend line has been broken
AVAX- FOLLOW THE TRENDMassive drop, again.... but we see some support here.
AVAX is at key support/resistance level and at this stage we will follow the market
Hope you like our chart.
One Love,
the FXPROFESSOR
Avax, AvaxShortQuasimodo Pattern
Market Structure Break
Swing Failure Pattern
RSI - Negative Mismatch
Order Block at Fib. 0.62-0.79
Ichimoku Analysis AVAX most of the #alts are in similar position:
We wait for a right opportunity to short, as tenkan-san pointing upwards and cloud width decreasing is not a good time for it now. Also from PA pov, ideally should short on closing below previous low.
avax
when the green line (23) and Confirmed by candle in 1H we can buy it with RR2
on the other hand if red line (19.45) broken and confirmed by candle in 1H we can sell it with RR2
AVAX - 4H Reversal Price Action SignalsAVAX shows a couple of price action falling signals.
We have two lower lows and a lower high, and the support zone has broken on the 15m time frame.
You can short it at these prices to the next support zone and manage your position on that level.
Avalanche Sits at the 0.886 Retrace Awaiting Potential BidsWe are at the 88.6% Fibonacci Retracement and showing Moderate amounts of Bullish Divergence on the RSI if we can catch a Standard Correction of the Downtrend we could see it pump back up to the 200 Day Moving Average which is Currently near the next possible resistance zone above if we were to rally from here.
Avalanche longAvalanche broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 32.5 is possible.
Fall down AVAX !💎▪️It was not possible to go above $20, we are fall down, I will update the idea.
💎In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas per day.
#AVAX, Attempting to have the first green week since March.#AVAX
Attempting to have the first green week since March.
On yesterday's close, UCTS signaled a 1D Buy.
Looking for a possible continuation toward $25.
$AVAX
AVAX: + 40% tradeAVAX has created a nice support here, if the market is green this week I expect a nice upside.
target: 22 $
stop: 4h close below 14.5 $
Which one outperforms? AVAX KSM SOL ATOMInteresting to see how similar these charts all are.. taking bets.. which will outperform in the short term? My bet is on SOL, just based off a hierarchy of the risk-curve, and it being a higher cap project, thus more visible, and considered a lower risk trade than the others.
AVAX- Can Be in the TOP-10 🔝🔟🎩Avalanche Bridge Launches Native Bitcoin Support; www.coindesk.com
The AVAX token is beginning to gain some upside momentum despite a drop-off in DeFi activity.
Smart contracts platform Avalanche added support for native bitcoin (BTC) in its cross-chain bridge, according to a blog post.
The network's native token, AVAX, surged 7.4%, outperforming bitcoin and ether (ETH), which are up 0.64% and 2.34%, respectively.
The addition allows users to bridge native bitcoin and gain exposure to Avalanche's DeFi ecosystem by using the newly launched 'Core' wallet.
The BTC pool on AVAX-based decentralized finance (DeFi) protocol Platypus has $11.7 million in total value locked (TVL) and offers yields of between 23.72% and 62.84%.
A BTC.b to AVAX pool has also opened up on rival platform TraderJoe with yields of 17.5%.
The Avalanche bridge launched last August, supporting transfers of ERC20 tokens between the Ethereum and Avalanche networks.
There is currently $2.68 billion in TVL across the Avalanche ecosystem, according to DefiLlama, which marks an $11 billion drop from December as the DeFi sector recedes amid concerns over lending protocols.
AVAX could be the next Breakout.
One Love,
the FXPROFESSOR
Possible Double BottomPossible Double Bottom on the 1H chart. After confirmation it could push the price up with another 7%.
