Avaxanalysis
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 1D Medium-term trade - our target $30We are already forming a series of ideas on the AVAXUSDT trading pair.
We published the last of them a week ago.
During the week, our assumptions are confirming that the AVAXUSDT trading pair is currently consolidating with a set of long positions. The trading delta shows the superiority of purchases over sales in the period from 06/26 to 07/13
Also, for almost a month, the Avax price has been consolidating above the critical support level above $15.
Such input data for Avalanche token price gives the right to enter a medium-term trade:
Entrance $16.50
Stop $14.54 (-12%)
TP1 (50% position) - $26.74 (+62%)
TP2 (50% position) - $29.94 (+82%)
P/L ratio 7/1
Fixing the AVAXUSD price below 15 dollars paves the way for the price to fall to the region of 12 dollars.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Risky Trade - AVAX LongToday`s trading idea is based on AVAX and going long with strict risk applied to it, and the ability to use leverage to your advantage. This trade might be a bit too risky for some of you , but for those that don't shy away from taking a bit extra on their accounts, it can be a great idea and way to generate a bit extra right before the holiday season in August
Long AVAX/USDT x10
➡️Entry: 23.48
✅Targets: 24.01(50%) - 24.59(25%) - 25.30(25%)
❌SL: 22.99
AVAXUSDT 12h A possible AVAX price movement for the coming monthAlmost two months ago, we published a global idea for a trade pair of Avaxusdt
Then the AVAX price was in the middle of the liquidity zone $27-37, from where she headed on the red route and clearly reached the target - $14
I would like to believe that for a few weeks we're looking at how the Avaxusd price is ramming bottom and filling the big long position
The estimated possible movement of the Avaxusdt prices we depicted a blue route.
The first target for a medium-term trade +60% in the area of $29-31
In danger of Long positions will be if the price of Avalanche token will be consolidated below $15, below critical support
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
When AVAX cryptocurrency do it x2 growth ?Today, on the global chart AVAXusdt, consider how this trading pair endured another sharp fall in May.
To begin with, let's take a look at our previous global idea for a pair of AVAXusd, which we did exactly 3 months ago.
At that time, we made an approximation with longs buy zones
As it turned out 3 months later, our most pessimistic $40-45 purchase zone at the top of the red liquidity zone was not the bottom of the decline.
Fall lows are recorded at around $23, at the bottom of liquidity zone, in which a year ago for a long time decided who is stronger: buyers or sellers.
Keeping buyers in the coming days of the AVAX price above the mark of $30 will be a good signal to go to the long.
The purpose of fixing longs in the up liquidity zone is $64-81
If the price of the Avalanche token is fixed below $26 , it will most likely coincide with continue the global decline in the cryptocurrency market. In this situation, it is necessary to place "buckets" for the purchase of AVAXUSDT near 14 dollars.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
AVAX/USDT BUYING SETUP (SWING)Buying #AVAX/USDT (SWING)
$AVAX showing make a double bottom pattern, we can see avax not make a lower low this a good movement and if we see on weekly chart avax now in key support or demand zone . potential can sustain and breakout the neckline
Buy zone : 23.3 - 22 - 21
Target : 24.57 - 26.37 - 28.53 - 32- 36
Stop : 20.8
Avalanche: Baby One More Time! 🎤Britney Spears’ voice seems to sound in the background, singing “Hit me, Baby, one more time”, while Avalanche approaches the orange zone between $70.58 and $58.31 one more time. We expect it to dive into the orange zone to finish wave C in green and wave ii in orange. Afterwards, Avalanche should rise upwards more sustainably, crossing the resistance at $98.77 in the process. In addition to Britney’s song, we should keep in mind, though, the 35% chance that Avalanche could drop through the orange zone and fall below the support at $53.16.
Avalanche: Ready to AvalancheAvalanche still has time until the resistance at $98.77 to finish wave B in green, but it could also decide to avalanche into the orange zone between $70.58 and $58.31 immediately. There, it should complete wave C in green as well as wave ii in orange and use its drive to change direction. In contrast to its namesake, Avalanche should then rush upwards above the resistance at $98.77. However, there is a 35% chance that Avalanche might endeavor to emulate said namesake and slide below the support at $53.16.
Avax: Watch the potential retest. I've been watching how to see how AVAX reacts to the range here. We're now back above the 21 week EMA after finding strong support at the weekly order block.
If Bitcoin has a retracement of some form it is always good to have entry plans for some good charts.
AVAX is one the coins I have turned to look at, it has quite an interesting chart will a potential market structure break possibly coming in the near future. However you choose to play it, there should be a few good scenarios to make a profit. If AVAX gets to my entries and I'm happy with Bitcoin's PA I will most likely look to enter positions at these levels.
As we have bounced off the same weekly support level three times and formed an order block there, I'm looking to enter on a retracement.
AVAX 1D Three Levels to Buy LongToday we will consider the chart of AVAXUSDT, the price of which has almost doubled in a month.
But first let's look at our previous idea, where the white route with a projected growth from $40 to $140 worked out completely
As you can see from the AVAXUSD chart, before strong growth impulses, the price likes to be in consolidation to form a bullish flag for a long time.
We also assume the same correction at this stage, which gives us three possible outcomes:
1. The price will either break through and consolidate above $100 in the next few days, or there will be a shallow correction, not below $76 - and then open way for growth with the first target of $200-210.
2. A deeper correction, but without updating this year's low, i.e., not below $60. A consolidation above this level will open the way for growth, with the first target of $200-210 as well.
3. A deep and prolonged correction to the area of $40-45 , from where we had the previous growth. This is a strong mirror level and if the buyers become aggressively active there again and show their serious intentions, it will be possible to buy a large position. The target for growth is $400+ for AVAX, with a very ambitious x10 from the buying zone.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
AVAX Avalanche: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Avalanche (AVAXUSDT).
The chart is self-explanatory. The price is inside a triangle and approaching an area, which the price could fall back into a consolidation zone. AVAX price is inside the EMA ribbons and above the 200 SMA. If price continues to go down or consolidate, the 50 SMA may come down and complete a Death Cross with the 200 SMA. The RSI support line was broken and the RSI is going back up to re-test it and attempt breakout. MFI support line intact. Keep an eye on the two S/R lines I noted. Lastly Volume is still declining even though it makes attempts to move back up.
Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, Volume, RSI, MFI ( Money Flow Index), EMA Ribbons, and 50 and 200 Simple Moving Average.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk