AVAX Forecast: Cloudy Week Ahead ☁️ - Bearish OutlookAlthough the global crypto market enjoys ☀️ sunny trading conditions with a few ☁️ scattered clouds in the next 24 hours, as predicted by ATTMO, some altcoins like AVAX may encounter more ☁️ clouds over the one-week horizon, implying a downside risk.
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Avaxanalys
avaxusdt are you rdy ?🧨😉Avax currency
First, I must say that there should be a downward trend until the target of $10.79. The short trend for this currency is up to this target.
The upward trend for this currency has two attractive targets and the entry is $10.79, then the targets it will see will be $21.34 and the doom target will be $30.49.
All analyzes are done with the knowledge of banking transactions.
Trade Idea💸 #AVAX💸
📊 5min
This analysis will be updated.
🟢BUY Level: 14.55$-14.45$
❌Stoploss: 14.390$
🎯TP1: 14.60$ ☑️
🎯TP2: 14.65$ ☑️
🎯TP3: 14.70$ ☑️
🎯TP4: 14.75$ ☑️
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📊Analysis Method⤵️
🔸Smart Money Concept
🔸Volume Profile
🔸Neural Network
🔸Echo
🔸Liquidity Swings + Order Blocks
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👤 Analysis by Jack-of-all-trades
📅 5.20.2023
AVAX/USDTIf this currency can cross the black range, it can climb up to $26.
But if Bitcoin falls and cannot maintain this range, I predict that this currency will correct itself from this range or even from the range of $22 to the range of $15.5 to $16.6 and then climb to the destination of $26. and start at $37
As you know, everything depends on Bitcoin and its every move is the decision maker of the overall market trend
Avax Coin Analysis#AVAX 18% ✅
Taking strength from the support zone we specified, it made the upward movement towards our target.
As long as it stays above $17.69, it can rise, but the upside probability is weakened by the sideways movement of BTC.
As long as the $19.68 level is not exceeded, the downtrend can continue up to the $16 levels. The bearish zone we expect is the $16 level.
Not Investment Advice.
AVAX Avalanche 4 HOUR Chart Here are my thoughts on AVAX at the moment.
AVAX is trading in this channel AND NEEDS to hold the SUPPORT at $17.33 IF IT wants to continue to the upside.
If AVAX can get above the 18$ lvl We could see the coin move up to test $19.26.$20-28 areas of resistance!
ON THE FLIPSIDE
IF Avax loses this support then we could see it go back down and test the $16.25 - $17.33 LVL
AVAX NEXT BIG BULLISH MOVE !!!!!!Here we can see that "AVAXUSDT" in 1 DAY time frame has a RESISTANCE at "20.57" and SUPPORT at "14.60". And we can also see that the price has already taken BREAKOUT from the trendline and its coming for retest and we can see a good LONG OPPORTUNITY between the zone of "14.87" and "14.03" with a target to the zone of "20.57".
ENJOY!!!!
AVAX ANALYSIS#AVAX UPDATE.
#AVAX is facing huge resistance at the red box resistance area and got rejections on 4 TF.The current resistance for avax is the 20SMA on BB .The contraction of the BB suggesting some strong and flash move waiting ahead for avax .Do not enter in longs until avax close above the red box resistance.