From $46 to Glory or Gloom – Avalanche AVAX JourneyAvalanche is trading at a crucial juncture near $49.08, with price action consolidating in range zone where we will continue to see slow and choppy price action.
1. A bounce from the support level at $46.09 and a subsequent push above $51.62 could signal bullish momentum for AVAX, paving the way for a rally toward the next resistance level at $59.39 (Dashed Green Projections).
2. A breakout beyond this zone would confirm strong buyer interest, potentially targeting higher levels near $66.63 as the next key milestone (Green Projections).
3. A failure to maintain the $46.09 support could open the door to further declines, with the price likely retesting the next major support at $38.32 (Red Projections).
Avaxanalys
AVAX's BIG RUNAvalanche’s recent price performance reflects a bullish trajectory, marked by a breakout from prolonged consolidation phases. The chart indicates two earlier periods of accumulation, where rounded bottoms were formed before subsequent strong breakouts. Each of these breakouts led to exponential price increases, with the latest move propelling AVAX’s price to its $50 target.
Support and Resistance Zones Identified:
The $10–$12 range served as a strong accumulation zone for AVAX during the earlier phases of consolidation. As the price gained momentum, the $25–$30 range emerged as a key resistance level.
This pattern showcases AVAX’s strong growth potential following each period of accumulation and breakout.
Explosive Opportunity AheadA key resistance level (marked in red) is currently being tested on $AVAX. If this resistance is broken, we could see a rapid rally, making this a critical point to monitor closely.
For those waiting to enter, the green line represents an ideal level to join the move after confirmation of the breakout. Both green boxes are excellent buying opportunities, but note that the second one may not be reached if momentum carries us upward quickly.
Key Notes:
Red Resistance Zone: Watch for a decisive breakout with strong volume.
Green Line Entry: Ideal spot to join post-breakout.
Green Boxes: Strong support zones; the first is more likely to hold.
Stay vigilant and ready to act, as a confirmed breakout could lead to significant upside movement in $AVAX.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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AVAXUSDHello everyone,
today let's talk about AVAX.
AVAX has already made a 4x from its low at 8.5 USD in 2023. However, it is still far from ATH in 2021 so it still has room to grow.
AVAX has shown great respect for 20 USD price and has bounced of it wonderfully, creating a higher low both in price action and in RSI. Currently price is at 32 USD, a previous local high from end of July. If it breaks it to the upside next major resistance is at 55 USD.
RSI also broke over 50 - a bullish sign.
I expect it to go higher in this bull run, however in short term we might witness a pullback to previous level of 20 USD.
Also on AVAXBTC pair chart is coming close to strong base of 0.0003 (currently is around 20% above this).
I expect one of 2 scenarios:
- BTC pulls higher while AVAX stalls for a moment, bringing AVAXBTC to 0.0003 and then AVAX starts following, gaining on BTC.
- Both face a pullback, but AVAX bleeds more. AVAXBTC drops to 0.0003, AVAX drops to 20 USD and then they both bounce, AVAX gaining momentum against BTC.
There are also other possible scenarios, so do take my analysis with a grain of salt and DO YOUR DILLIGENCE.
My strategy:
I will be buying a small portion of AVAX at this price. I will also buy some more if we dip towards 20 USD. In total I will dedicate only a small portion of my portfolio to this pair.
If AVAX falls below 15 USD, I am out and will take a hit.
Good luck.
Avalanche AVAX Is Entering The Most Impulsive Super Cycle StageHello, Skyrexians!
Today we have the easiest for analysis altcoin in our opinion, this is BINANCE:AVAXUSDT . Previous bull run was very impulsive and after severe bear market this crypto is showing great dynamic. Today we will try to understand the targets for Avalanche for this bull run.
Let's take a look at the weekly time frame. The previous bull run can be interpret as the global wave 1. It has the clear 5 waves impulsive structure. After that price went to corrective wave 2 which has ABC zigzag structure. When 0.61 Fibonacci retracement has been reached price started to reverse.
Now AVAX is in the global wave 3 - the most impulsive wave of super cycle which can bring the highest gains with lowest risks. Wave 1 in wave 3 has been finished with the red dot on Bullish/Bearish Reversal Bars Indicator . As always, alerts from this indicator can be automatically replicated on exchange account orders. You can find the information in our article on TradingView .Then wave 2 showed us the pull back, which has been finished with the green dot on this indicator. This is the very strong reversal signal which will likely bring the price to the global wave's 3 targets at 1.61 and 2.61 Fibonacci extensions at $260 and $400.
Best regards,
Skyrexio Team
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Avalanche (AVAX) - Symmetrical Tri BreakoutPrevious Resistance has now been broken from the Symmetrical Tri pattern formed, which is now acting as new Level of Support. AVAX appears to be creating a new Ascending Channel pattern.
Another candle close above the new Resistance level will continue to push Avalanche at around the $46 price target.
🟢"NEW" Support Level= $30
🔴Resistance= $35.75
🌟Target= $46🎯
AVAX SWING LONG IDEA - ALTCOIN SEASON 2024-2025AVAX is one of the most well-known coins, backed by strong fundamentals. I believe it will perform well during the 2024-2025 bull run.
The price is currently coming from a monthly demand zone, showing solid rejection and strength. It has also broken the diagonal trendline that signaled the previous bearish trend. Both weekly and daily momentum are strongly bullish, further supported by Bitcoin's strength.
I expect a retracement to the weekly demand zone and the maximum discounted area, with a possible retest of the broken bearish trendline. From there, I anticipate a move up toward the targets.
LTF confirmations will be needed to initiate the trade.
AVAXUSDT | We might only see a breakout toward 2025In the short term, I am expecting AVAX to push up as it found support at the bottom of the rising channel it currently finds it self in. Looking at the RSI we can see that AVAX is about to breakout at the top of the range and could push the price up to 43.35 towards year-end however I am only seeing AVAX breaking out of the bigger triangle in 2025
AVAX scalp in H1📊 Analysis by AhmadArz:
🔍 Entry: Wait for a bullish confirmation around $26.80.
🛑 Stop Loss: Below $26.45.
🎯 Take Profit:
- TP1: $27.46 (Close 50% position)
- TP2: $28
- TP2: $28.88
- Re-entry: Consider around $25.00 for another position.
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💡 Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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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.
High risk tradeThis is a 4-hour chart analysis of the AVAX/USDT pair, highlighting key support and resistance levels. The market has experienced several fake breaks near the upper resistance. The area between $24.70 and $25.40 serves as a strong support zone, and a potential entry point for a buy position.
Trade Breakdown:
- Buy Entry 🟢: Support zone at $24.70 - $25.40
- Target 🎯: Resistance area at $32.55
- Stop Loss (SL) 🚫:
- High Risk SL: Below $24.70
- Best SL: Below $22.00
This analysis suggests that traders could consider entering a long position around the support zone while setting appropriate stop-loss levels to manage risk.
Avalanche AVAX price is on the verge of a strong movementThe trading volume of #AVAXUSDT has firmly established itself in the top 10.
So is Avalanche token being actively sold or bought now?
We will have all the answers soon, but for now, here are two scenarios for the CRYPTOCAP:AVAX price movement:
🔴 red - $35 - $45 - ($18.7-23.7)
🔵 blue - $32 - $55 - $43 - $110
So which pill 💊 will you choose 🔴🤷🔵 ?
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#AVAX/USDT#AVAX
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside.
We have a bounce from a major support area in green at 24.00
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 27.00
The first target is 30.35
Second goal 32.33
Third goal 34.71
AVAX - BUY ZONE Tested, Onwards and UPwards!Is the AVAX correction finally over?
If you've been following, you'll know that we were early bullish on AVAX, since DEC 2023:
And then again early 2024:
After losing 66% from ATH, Avax has bounces successfully from the identified buy-back zone (hope you didn't miss it!)
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BINANCE:AVAXUSDT
AVAX support is lost on HTFAVAX / USDT
We have shorted this coin few hours earlier
And resulted in nice profits ✅ but it looks like it can drop more ‼️
What we can see in chart:
1- clear big cap coin HTF chart
2- Trendline support is lost
3- Previous swing high is lost
4- Until it comes back above support the priority in short term is bearish
5- it can make a short squeeze in between but next major support is around 20$
best of wishes
#AVAXUSD: On the way to 66.00, Buy Swing! Dear Traders,
Hope you are doing great, we have an excellent buying opportunity in form of AVAXUSD which is crypto pair with high potential, we can see price filling the imb zone and reversing from that area. Our main aim here is to wait for price to breakthrough the solid bearish trendline, and then enter when price does confirmation.
Team Setupsfx_
#AVAX/USDT#AVAX
The price is moving within a channel pattern on a 1-day frame, which is a retracement pattern
We have a bounce from a green support area at 30.00
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, upon which the price depends
Entry price is 31.00
First goal 41.46
Second goal 48.39
The third goal is 56.45
AVAX: pattern📊Analysis by AhmadArz:
🔍Entry: 33.37
🛑Stop Loss: 32.37
🎯Take Profit: 34.47 - 35.49 - 36.59 - 37.75 -38.89
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!