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Avaxanalys

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. --- 🔗 "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!
Long
by ahmadarz
2
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.
by MarsSignals
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.
Long
by ahmadarz
2
Is AVAXUSDT on the Verge of a Major Breakout? Yello, Paradisers! Is #AVAXUSDT about to break free from its downtrend? Let's dive into the analysis and find out! 💎#AVAXUSDT has been stuck in a downtrend for several days, repeatedly testing a descending trendline that acts as a strong resistance. Recently, it has been respecting its weekly support zone around $24.9-$22.8, where it took buy-side liquidity and reclaimed this support level. 💎If AVAXUSDT manages to break out from the descending trendline and retest it successfully, will have probability of a continuation towards minor resistance at $34.03. The price is anticipated to reach the major resistance zone around $39.91-$41.90. This is where a strong rejection is probable to happen. 💎If AVAXUSDT fails to break the trendline and closes below the daily support at $21.63, it will likely confirm a continuation of the downtrend. The next few days are crucial for AVAXUSDT. A breakout above the descending trendline could lead to significant upward movement, while failure to do so might push the price back into a downtrend. Remember, Paradisers, patience and discipline are key. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way to succeed in your crypto trading journey. Trade smart and avoid the herd mentality. By mastering your willpower and sticking to a robust strategy, you'll already be ahead of most traders out there. Keep pushing, and you'll find yourself in the winner's circle . MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
10
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 🔴🤷🔵 ? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
6
#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
Long
by CryptoAnalystSignal
🏔️💰 AVAX Long Trade Opportunity! 🚀📈📊 Analysis: Support Retracement: AVAX is currently at the $32.00 - $35.00 support level. Entry Point: Consider entering a long spot trade within this support range. Profit Targets: Aim for $40.00 - $45.00 or $50.00 - $53.00 resistance levels. Risk Management: Set a tight stop-loss just below $32.00. 📈 Trading Strategy: Entry: Long trade initiated within the $32.00 - $35.00 support range. Targets: Take profits at identified resistance levels. Risk Control: Maintain discipline with the stop-loss. 🚨 Note: Monitor the market closely for any changes in price action! 📊🔍 #AVAX #LongTrade #CryptoAnalysis 🎯💱
Long
by Richtv_official
Avax Premium SignalAlright, folks, check this out. I've got a premium signal straight from the consulting chatroom where we've been hashing things out. Our analysts are in on the juicy stuff, only dealing with insider info from the big players like market makers and whales. Forget about all that technical analysis mumbo jumbo when the heavy hitters are making moves. This deal's set to hit its targets in the next few weeks. None of that trend line or Fibonacci nonsense here. Our endgame? Making bank, plain and simple. And let me tell you, these free signals ain't gonna come around often. Use your noggin, do your own research, and make your moves wisely, alright?
Long
by HedonistTrade
Avalanche / AVAX analysisThe price of AVAX is $20.7 today with a 24hour trading volume of 400 million dollars and its 95% up since last month Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability. Avalanche’s bridge has performed over $60B in transfer recently a key factor in its rapidly growing DeFi ecosystem but now lets look at the price and chart breaking 12 resistance and down-trend was a great opportunity for scalpers to long and make some quick buck. as you see 21-22 is the next resistance and after hitting 21 we had some correction like most asset classes the market waiting for Federal Reserve's first meeting and rate decision of 2023 so be ready for some volatility in crypto. for long term Im bullish on avax avax next targets are 23, 25 and 27
by moonypto
AVAXUSDT Next Target $100AVAXUSDT broke through its resistance and is now aiming for $100. Traders are excited about the surge and expect it to keep going up. With this momentum, AVAXUSDT could soon hit its target, making a big move.Despite AVAXUSDT’s upward push towards $100, it’s essential to maintain a stop loss strategy. AVAXUSDT (1D Chart) Technical analysis AVAXUSDT (1D Chart) Currently trading at $61 Buy level: Above $58 Stop loss: Below $47 TP1: $70 TP2: $80 TP3: $90 TP4: $100 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades