AVAXUSDT, We are in wave C or 2 ??Hello everybody
According to the chart and previous analysis, we shown on chart 3 zone that is the support zone of the price and the point of swing can be happen in there zone.
In here exactly first support zone was activated exactly.
We need to have correction of our breakwave that make ATH in here we have a wave that we can say it can be A or ABC both of the is correct and the acceptance of that to know which one we should name it is if the price can break this first support zone below the name of the wave is A and we are going to complete wave C and if the price rise up from here and can break the resistance zone at the top (ATH) we name it ABC.
Because of the movement that is hard to say which scenario can be happen we shown on chart that you can but 1 step in first support and if the second scenario happend you can buy in other support zone area to reduce average purchase.
This is analysis and you can entrance in position and spot trading with your own analysis and capital management this is just view of the analysis for helping anyone.
Good Luck
Abtin
Previous analysis :
Avaxkrw
Avalanche (AVAX) - December 17Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(AVAXUSD 1W Chart)
Over 63.3093173-80.9999458 section: Expected to create a new wave.
We need to see if we can continue the uptrend along the uptrend line.
If it falls from the 56.5183378 point, it may fall near the 24.0049795 point, so a stop loss is needed to preserve the profit.
-------------------------------------
(AVAXBTC 1W Chart)
Above 0.0014834 point: Expected to create a new wave.
Since the wave is not well formed, it is necessary to increase the holding quantity corresponding to the profit along with a short-term response so that the profit can be regenerated.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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.)
---------------------------------
AVAXUSDT , This route can be happen because ...Hello
Good night guys
According to the chart you can see , the momentum of the rising is becoming weak and now we are ready to make correction to recover is rally of movement
If you look at the chart carefully you can see we made 2 top and we should break the neck of the top and pullback to the neck then we are ready to drop the price the distance of the top and neck , and this mean that we can move like our route that shown on chart .
The one of the most important point is to use stop loss and observe money management dont entrance in position with your emotional sense
Previous analysis of AVAX :
Good Luck
Abtin
Avalanche (AVAX) - November 22Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(AVAXUSD 1W Chart) - Medium to Long-Term Perspective
Above the 43.7108730 point: Expected to create a new wave.
Don't assume that you need to know how far it will rise so you can maximize your profits by selling then.
This thought can cause you to stop selling at the time you realize a profit.
Take profit is to make the mental state stable by selling in installments when there is a change in one's psychological state (anxiety, nervousness, exultation, hope circuit, etc.) as the price rises.
In addition, you can realize profits according to your investment period.
Usually, when you trade, you want to sell 100% to confirm your profit.
Once you have established a profit, you should not buy again until the price drops.
However, if the price continues to rise, you will often end up at a loss by buying again.
Therefore, it is necessary to calculate the purchase principal rather than selling 100% and sell the same amount of the purchase principal in installments to recover the investment and retain the amount of tokens corresponding to the profit so that the profit can be regenerated.
(In short-term trades, it is recommended to sell 100% to secure profits.)
The average unit price of tokens for revenue is 0.
Therefore, I think it is advantageous for additional transactions because the psychological burden will be reduced in future transactions.
(1D chart)
It is important to keep the price above the 70.0898075 point to sustain this uptrend.
Therefore, if it falls from the 70.0898075 point, Stop Loss is required to preserve profit and loss.
However, it is possible to touch near the 43.7108730 point and rise, so you need to think about how to deal with it.
-----------------------------------------
(AVAXBTC 1W Chart)
Above 0.0004889-0.0007164 section: expected to continue upward trend
0.0012-0.0014834 or higher: Expected to create a new wave.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the 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.)
---------------------------------