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
AVAXBTC
AVAXUSDT has formed a wedge pattern on H4
AVAXUSDT has formed a wedge pattern on H4 which indicates after the breakout we can expect the price to go higher. The price has made a higher low after the rejection at 22 we can expect that the price continues to move higher to the upper band of the wedge.
💎 AVAXUSDT
🔵 Entry zone 23.00 - 25.14
🟢 TP1 27.30
🟢 TP2 35.80
🟢 TP3 51.89
🔴 SL 20.60
Good Luck 🎲
#AVAX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Welcome to this quick AVAX/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- AVAX/USDT PARALLEL CHANNEL brake the green zone and buy the dip and retest the PARALLEL CHANNEL green zone. (SPOT CALL)
Entry:-$23.69,29.63
Traget:- 140%
Stoploss:- $20.56
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Avalanche (AVAX) - May 19hello?
Traders, welcome.
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(AVAXUSDT 1W Chart)
As it fell below 32.23, the possibility of entering the mid- to long-term investment sector is increasing.
Therefore, it is important to see if it rises above 32.23.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
AVAX expected path for the upcoming weeks- follow me for morehey, i am merna, a middle-eastern analyst, follow me for more ideas and quotes on twitter! luv ya ❤️
AVAX price drop was expected due to the broke 2 ascending trend lines, which made it go down to a find a powerful support line.
S line and S2 line are powerful support lines, breaking them is not a good sign, breaking the blue trendline will make us go to the nearest resistance which is the R orange box.
S = support
S2= 2nd support
R = resistance
acc = where most of the big players entered long positions , when price approaches these levels they will defend their positions hard.
AH = all-time high
AVAXUSDT SETUPAVAXUSDT price has dropped significantly and now trying to build up some momentum but the market direction is still not in perfect condition. Price also gets resistance from EMA 21. So price move hit the resistance roof and may drop or can resist from EMA. On the bullish side, if the price successfully crosses the resistance hurdle we can see a good upside rally. So wait for the price action.
AVAXUSDT has formed a long wicked hammer on DailyAVAXUSDT has formed a long wicked hammer on Daily, The price also is at a very significant support zone, The large green candles indicate that the price might go for a temporary pullback to FIB 0.382 before it continues the bearish move
💎 AVAXUSDT
🔵 Entry zone 27.53 - 31.84
🟢 TP1 36.30
🟢 TP2 42.30
🟢 TP3 51.50
🔴 SL 23.10
Good Luck 🎲
Avalanche (AVAX) - May 5hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(AVAXUSDT 1W Chart)
56.51 or higher: Expected to create a new wave.
(1D chart)
It needs to move above 70.11 to turn into an uptrend.
So, if possible, it's a good idea to see support in 70.11.
(buy)
- After confirming the support in 70.11
(Stop Loss)
- When it is resisted by falling below 64.90
- When it falls below 56.51
(Sell)
- When resistance is received in the range 79.80-89.59
- When receiving resistance near 109.43
(buy)
- After confirming the support at 64.90
(Stop Loss)
- When it falls below 56.51
(Sell)
- When receiving resistance near 70.11
- When resistance is received in the range 79.80-89.59
- When receiving resistance near 109.43
A move above 89.59 is expected to trigger a sharp move.
A break below 56.51 is expected to turn into a downtrend.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
AVAX/USDT $500 ( 1500% ) Target in 2023 As per My Chart#AVAX/USDT Bullish chart Update:-
= $AVAX currently trading at $66
= Highly Potential to hit $500
= 2000% Up after first Accumulation zone.
= 1500% Up from 2nd accumulation zone.
= 1000% Expecting from the next Accumulation zone.
= The next Accumulation zone will be $35-$40
= Red Box RSI is the Perfect Entry zone.
= Expecting RSI will hit 30
= This time Breakout did but the Waiting for Retest level which is near $40
= Target will be $400+
Guys $AVAX is a Strong potential Project for Long Term.
I am accumulating at every Big Dip.
Please LIKE and Appreciate my Hard work.
Must follow me for the Latest real Time crypto Updates.
Thank you.
Avalanche (AVAX) - April 19hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(AVAXUSDT 1W Chart)
Primary resistance: around 79.80
Secondary resistance around 109.43
Support: 56.51-64.90
(1D chart)
(buy)
- After confirming the support in section 79.80-81.31
(Stop Loss)
- When it falls below 79.80 and receives resistance
(Sell)
- When receiving resistance near 89.59
- When receiving resistance near 109.43
(buy)
- After confirming that it is supported above 64.90
(Stop Loss)
- When it falls below 56.51
(Sell)
- When resistance is received in the range 79.80-89.59
- When receiving resistance near 109.43
If it rises above 89.59, a sharp move is expected.
If it deviates from the uptrend line and goes down, it is likely to drop below 64.90, so trade with caution.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
AVAX snowballing - LFGCharted on 28th, posting on 30th for $AVAX
As this is being written, the AVAX conference is over and has been quite a display of events for many developers and investors looking to get in the best alternative EVM network. Besides being part of the SOLUNAVAX and JEWELUNAVAX narrative.
Reasons to be bullish AVAX
+ subnets - handling many transactions that even allows for gas fees to be native token other than AVAX, reducing load on network, #Crabada game and #DFK are the 2 chosen ones for the entire world to see
+ 1 second finality
+ low gas fees
+ seamless experience
+ onboarding tradfi clients for defi
+ gud team
+ Pump season
Expecting a rush to onboard AVAX as more defi initiatives build on top of it and the adoption and entrance from GameFi developers after seeing DFK and Crab’s eventual success. You can learn more about AVAX here
Trading plan - 3 scenarios
Very bullish - 35%
Alts season with BTC getting higher and USDT dominance dropping - this means greater liquidity flow from higher cap alts to lower ones, as well as risk-on behaviour. AVAX ranks 10-11th place but has yet to reach its ATH which will be a psychological target for many. Also part of the strongest meta narratives. Generally as it has broken out of a descending trendline, printed a higher high and bounced off the 0.382 fib (around $89), the demand zone would have shown where people would have loaded up. Targets are overhead fibs 0.5 ($100), 0.618 ($111) 0.786 ($127) and then ATHs ($147). TLDR add on reconfirmed tests of fibs, old demand zone, ranges for parabolic price channel, and flip of old supply zone. It gets tricky once it reaches the 0.5 and 0.618 fib as the latter is an old supply zone, hitting 0.5fib would signify that AVAX is about to enter a parabolic price action yet again. Expecting volatile rejections from these old supply zones and usually the first attempt to breach into parabolic price action channel would fail. Targeting a 3-5 week trade with targets $127 and $147 before seasonal weakness in May appears
Conservative Bullish - 40%
It is a known thing that tokens usually display post-conference dump with reference to Fantom and Solana conferences. Would be expecting the lower 0.236 fib to be tapped near $75 to create capitulation. And then the current supply zone will be retested again, maybe twice, before breakout succeeds and confirmation of support at $89 which is the 0.382 fib that sits comfortably in the new demand zone. TLDR add below current supply zone towards 75.5 or upon breakout and retracement and retest of $89, before targeting $100 and $111, which is the 0.5 fib that could determine bullish or bearish sentiment, as well as 0.618 which is a key fib level which a) typically faces price action rejection and b) coincides with the support of the parabolic channel.
Bearish - 25%
BTC might dip as the price action may be unsustainable according to others, creating sell pressure of AVAX in AVAX/BTC or AVAX/USD pairs as liquidity is lowered and people take profits to protect capital. It would be likely if the price dips towards the lower ascending trendline at $68, and then I would look out for any breaks below this trendline which would indicate weakness and lack of buyers. TLDR short on rejection of 0.236 fib and breakdown of lower trendline with a target of $54, slightly above the old demand zone near $53. Generally I only long coins, so this could be used to determine your entry levels to maximize risk:reward ratios. Also 25% likely scenario because we note that the volume has been relatively lower as compared to previous price run
This analysis involves mainly around fib levels demand/supply zones flipping to provide support(old supply zone becomes demand area) or resistance (vice versa). Awaiting AVAX real price movement once volume kicks in because right now it is already trending upwards on lower volume. If you’re looking more at long term growth, do check out Bybit as they offer spot, perps, 2% APY staking and information on AVAX too