AVAX will skyrocket after correction (10x)- Starting from Jan 2021 an upward trend was formed which still valid till now.
- Since November peak a correction wave started and it supposed to end in Feb - April.
- Correction wave still progressing , descending channel points to 55 then 35 as a dip.
- Buy later at 55 as first buy zone , 35 as second buy zone.
- After correction we gonna see upside movement targeting the channel peak (275 - 375).
- We can say no other correction if price managed to break above 97 n close daily above it.
Avaxanalysis
AVAXUSDT - Reversal from support zone!!AVAXUSDT (4h Chart) Technical analysis
AVAXUSDT (4h Chart) Currently trading at $105.8
Buy level :Above $103
Stop loss: Below $88
TP1: $116
TP2: $127
TP3: $134
TP4: $147
Max Leverage 3x
Always keep Stop loss
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AVAXWe are on an important price support
At this point, we have to check the candles. Due to the market situation, I suggest you buy step by step and do not enter the full margin.
I have identified two important points and I suggest you to buy in these points
The average purchase between these two points is a loss of 12%. I do not think this currency is full of potential to fall, but after the second purchase, you can prevent further losses and exit.
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If you have any questions, you can write it in comments below, and I will answer them
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AVAX Avalanche: 1D Chart ReviewHello friends, today you can review the technical analysis on a 1D linear scale chart for Avalanche (AVAXUSD), a cryptocurrency.
Quick Analysis:
1) The price has been respecting a multi-month parallel channel it formed in early 2021.
2) Since August 2021, the price has been supported by a trendline, which it is hovering above/below over the past few days.
3) If the price does not come back above the support trendline, keep an eye on the lower trendline of the parallel channel.
4) The RSI (relative strength index) has formed a multi-month bearish divergence.
5) Volume has reduced over the past few days compared to the past few months.
What are your opinions on this?
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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
Avax charging 2Hello Everyone. One of my favourites is now looking extremely strong. It is now forming an HnS. However, it is safer to wait for the completion of the right shoulder. The retracement on support at 98 is expected soon. I will look for entries at 98-100. The target is 160 short terms before a meaningful retracement. In the other panel, you can see the weekly chart with Avax printing a beautiful morning star, which has previously generated a 120% rally. This is a strong bullish sign with also indicators in the oversold condition. I expect good things from AVAX in the near future. FOLLOW ME, SHARE, LIKE AND COMMENT
AVAX charging Hello Everyone.
One of my favourites is now looking extremely strong.
It is now forming an HnS. However, it is safer to wait for the completion of the right shoulder. The retracement on support at 98 is expected soon.
I will look for entries at 98-100.
The target is 160 short terms before a meaningful retracement.
In the other panel, you can see the weekly chart with Avax printing a beautiful morning star, which has previously generated a 120% rally.
This is a strong bullish sign with also indicators in the oversold condition.
I expect good things from AVAX in the near future.
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AVAX NEEDS TO HEELHi!,This is my Avax setup for the upcoming week :)
Target 120.38 potential profit 10.83%
Stop loss 102.38 potential loss 5.74%
As you can see we got a Strong support area at around 106.11
If you have any feedback about the chart pls feel free to tell me:)
MY IDEA ONLY NOT A FINANCIAL ADVICE!!!
Love Yall :)
AVAX 1D Where can we buy safely and then sell profitably?Today we have AVAXUSDT — another trading pair in our analysis, voted for under our "Bitcoin Weekend #17" idea.
AVAXUSDT price showed a gorgeous 500% growth in less than a month, almost reaching ATH
We congratulate all traders and investors, who at least managed to get out of the drawdown, if they bought on the previous growth wave and did not have time to fix it in time, and at maximum — they made good profit on such a strong growth movement.
What are we waiting for next — you ask, correction — we will answer).
And from the depth of the correction and the volumes, where it will take place, it will be easier for us to determine who is stronger at this moment: the buyers or sellers.
If the sellers aggressively buy from the range of $38-40 and do not let the price go lower, then you can expect an update of the absolute maximum of AVAX in the near future, and after that you can aim for growth up to $140.
If the correction will be delayed in time and depth, then we can forget about a quick rise in the pair AVAXUSD for 1-2 months. However, there is also a plus here, longer accumulation of positions by buyers will give them more time to rest and gain strength for the next upward movement.
Accordingly, the successful purchase of AVAXUSD in the area of $19-2 4 can in time increase your deposit by x10 times, because the target for profit taking in such a trading situation may be in the area of $200-215
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AVAX Avalanche 4H - Support TargetsToday I am reviewing the 4H chart for Avalanche (AVAX) on a linear scale.
The price dropped today as did the entire crypto market except for a few outliers.
In the chart I noted:
1) The Ichimoku Cloud support in green which is looking strong.
2) 3 areas of Support in case there is a possible price drop further.
3) The 50/100/200 MA with the 100MA at Support 2.
4) The Volume Profile (VPVR) showing the major support areas going down.
The volume overall looks healthy. Also keep an eye on the RSI (relative strength index) as we may have potential to get back to touch the trendline.
What are your opinions on this? I love reading your comments below.
Check out more below for recent Altcoin, Bitcoin , Stock and Commodities Ideas.
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
AVAX Fill The Fuel Before It Flies!BINANCE:AVAXUSDT - Avax already made a new all-time high, and right now, the status is still correcting. As you can see in the chart, avax will go down to around $68, and if avax still follows the bullish trend and break the resistance line, my prediction avax will fly to $113. be aware of the price if it keeps going down and through the yellow box(our support).
avaxHas managed to defeat its ascending channel midline
At the same time, it has broken its price ceiling and recently hit that pullback
The trading volume in the last three months has been excellent
If the RSI resistance (70) breaks, it can grow by another 50%
It is important to keep the midline price high
It has a good future ...
Avax updateAfter hit first target and creating inverted head and shoulders,
There was a pullback and again bounce back from 66-68 levels
But I think at current cmp (70-72) level it won't go directly to our second target 🎯
I assume a sideways for next few hours, halting near to 72 level it can create a buildup to push the price further towards 82
AVAX in my poiny of view is diamond Hi, just to let you 1 week ago i explain the points that you will get then don't miss that entries as you see it gave all the entries
and if you took it and then enjoy the profits
keep holding it for some time it will make you a very good amount of money it has a lot of potential
AVAX the next big thing ? touches all time high ? what next ?Hi, I have seen a lot of you was asking about the AVAX avalanche you can say,
It surprises everyone with a growth of 400-500% in a month.
As it touches ATH and gaining the attention of masses and have a probability of going to 150+ in coming months, because of strong volume and protocols
So if you get a chance which will you get eventually buy it around 38-40 and hold it until it gets around 100+ which give you 100X profit and it shows his potential during last month, if it goes down buy it around 30 as well and hold it, it will be best scenario if it goes to around 30 but first, you have to see the bull reactions at 38-40 range and volume indication will clear the directions but you to buy in part at every situation
If it goes to my level I will definitely buy it
Avalanche (Avax) Update: Since the Buy signal from the ema and sma cross signalled on the 1st August, Avalanche (Avax) has been on a impulsive parabolic run, gaining over 400% in just over 24 days. Currently Avax is 10% from the ATH price @ $59.74, the price next target from here is at the 127.20% fibonacci level @ $73.49, 34% from the current price level. Please see previous analysis below. Happy Trading :)
Avalanche (Avax) Update 21/03/21, be patient 63%+ Gain to ATH $59.7. $AVAX
Update 10/03/21 on Avalanche (Avax) BUY triggered by script 13EMA crossing up 50SMA
Avalanche (Avax) BUY triggered by script 13EMA crossing up 50SMA, 90% gain from current price level back to ATH price level! Bulls back in the market!
Avalanche (Avax) Buy Opportunity 90%+ Gain Triple Bottom Formed, Stochastics on the Weekly still showing a buyers market with a strong bullish sentiment short-midterm. Avax's price soared to a new ATH on 10/02/21 @ $59.7 and has since retraced from this huge explosive parabolic move forming a triple bottom. The stochastics on the Daily chart and 4H both show an extremely oversold market, further the triple bottom signifies that the Bulls are coming into play and this could be the sign of recovery back to the ATH levels previously set on 10/02/21. Currently the price level has tested and broken just above the 200 SMA signalling bullish sentiment but a possible test back to the 200 SMA and a break below this level would signal a strong signs of a some retracement or consolidation short-term. A trigger of the 13 EMA crossing up 50 SMA would be another confirmation of this move back towards to upside, gaining 90%+ on its way back to ATH levels and a possible push further to the 127.20% Fibonacci level and a new ATH @ $70.
Use the buy zones area to map out Buys from zone 1 below the 23.30 Fib level and zone 2 between the 23.20% & 38.20% Fibonacci level. Happy trading :)
Key Notes on this project:
Avalanche is an open-source platform for decentralized finance (DeFi) applications and enterprise solutions. Developed and launched in late September by Ava Labs, the team raised a total of $60 million across three separate sales. The Block has identified 54 projects and companies across 11 different verticals currently expanding on its ecosystem.
Capped Supply
An important characteristic of a store of value is scarcity. Unlike most other staking platforms which have an unlimited supply and continuously increase their supply at a compounded rate, Avalanche has a fixed capped supply of 720 million, creating scarcity. 360 Million tokens were minted at launch (with the vast majority locked up in vesting periods between 1 and 10 years) whilst the other 360 million are used for rewards for staking. As with Bitcoin , reward rates will decrease over time as it gets closer to the capped supply (although at a much smoother rate rather than infrequent halvings).