$AVAXUSDT: Bullish Breakout Ahead!CRYPTOCAP:AVAX has broken out of a long-term downtrend channel and is now forming a symmetrical triangle. With exciting news like the Avalanche CRYPTOCAP:AVAX Visa Card launch for crypto payments, we’re expecting a breakout from this triangle that could lead to a significant upward move. Overall, the outlook is bullish—let's see where it goes!
BINANCE:AVAXUSDT Currently trading at $27.6
Buy level: Above $27.5
Stop loss: Below $23.5
TP1: $30
TP2: $35
TP3: $40
TP4: $50
TP5: $65
Max Leverage 3x
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AVAXPERP
#AVAX/USDT#AVAX
The price is moving in an ascending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the ascending channel and we are now touching this support
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 26.50
First target 27.81
Second target 29.03
Third target 30.46
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 BULLISH SOON?From an analyst standpoint, there is a chance that the crypto market seems to be making a correction as sell-side delta has accumulated heavily and we might be due to seeing a short squeeze soon.
Avax looks to be heading down to the bullish trendline area I am looking at those Fibonacci levels as a potential entry but also be aware price may manipulate the daily trendline to take out buy stops and move up.
AVAX - Ready for Triangle Breakout!!AVAXUSDT(4h Chart) Technical analysis
AVAXUSDT(4h Chart) Currently trading at $19.75
Buy level: Buy after Breakout
Stop loss: Below $16.50
Target 1: $22
Target 2: $26
Target 3: $29
Target 4: $33
Target 5: $50
Max Leverage 3x
Always keep Stop loss
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AVAX.Usdt (Y22.P1.E3).Go longHi All,
Perfect bump and run structure and we just had a retest on the lead in trend line.
Once we pass this 618 resistance, up it goes to the fib ext. of 1 or near about.
We will likely see a consolidation under this resistance and it would surprise me we break out soon.
It is obviously a strong resistance as in the past.
How to trade this, look for smaller time frames for an entry.
For now, I'm looking at this level on the 4 hr chart for some sort of bull flag
#AVAX #Avalanche
All the best,
S.SAri
AVAXUSDT long for today's perp I was not posting for a few weeks I was (and I am) learning Price Action so now I'm back and I'll share more of my ideas with you guys. Hope you enjoy them <3
Avax is most likely to get to the target I've shown on the chart in the next few hours. Hope there is no new war news though
Can AVAX pull this off ?This is an all time channel for $AVAX , it reached the top twice and tested the mid line twice, broke the mid line and went straight to the bottom. not it is showing some hidden bullish divergence. In my opinion it is now going for the mid line which have a moving target as time passes. I will leave this here for future reference only.