Volatility Period: April 19-21Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
(AVAXBTC 1W Chart)
The question is whether it can rise above 0.0009 187.
If not, we need to see if it finds support around 0.0006 306 and breaks out of the downtrend line.
-----------------------------------------------
(AVAXUSDT chart)
During the volatility period around April 20 (April 19-21), it is necessary to check whether it can show a move out of the 19.16-23.96 zone.
If not, it should be sideways in the 19.16-23.96 zone to confirm the next volatility period around the 15th of May.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
AVAXUSD
AVAX - Road to 2024Typical bear market trend structure so far, keep printing LL - LH - LL - LH.
It looks like we are to print another LL.
I started DCAing BUT my bags are small as usual since it’s just the the first week of 50 week of accumulation for me.
IMO we are gonna start 2023 with a bear market rally and print the LH.
Winter is long, bags are small, bags will get heavier with time.
✅TS ❕ AVAXUSD: above the support✅✅ AVAX bounced back from support.
Price is trying to return to an ascending structure.
We believe that the asset will resume its price rise. ✅
🚀 BUY scenario: long to 18.73. 🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
AVAXUSD Significant upside potentialAVAXUSD is trading inside a Channel Up having formed a Golden Cross (1d) 6 weeks ago.
The RSI suggests that one last pullback is possible before a new 1 month rally starts.
Trading Plan:
1. Buy on the next pullback to the MA200 (1d).
Targets:
1. 25.00 (top of the Channel Up).
Tips:
1. The ideal buy entry would be when the RSI (1d) hits the 30.00 oversold level again.
Please like, follow and comment!!
Avalanche FRVP on WeeklyI think FRVP gives a very good result in identifying support and resistance. In this direction, a FRVP that we will apply to the Avax chart in the weekly timeframe shows us that the 17.50 level is support and AVAX is sitting on this support. I think the return from this level in the weekly timeframe is very positive.
To get out of the bottom section... (19.73 important)Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(AVAXBTC 1W Chart)
The question is whether it can break out of the downtrend line by rising above 0.0007352.
------------------------------------------
(AVAXUSDT chart)
------------------------------------------
(AVAXUSDT 1W Chart)
If the price is maintained above HA-High, it is highly likely to continue its mid- to long-term upward trend.
Therefore, the key is whether it can rise above 19.73 and be supported.
If not, you should check if it is supported around the HA-Low indicator.
(1D chart)
The key is whether it can be supported around 17.15 and rise above 19.72.
If it fails, you should check for support around 14.99.
The 17.15 point is the HA-High indicator point on the 1W chart, so if the price is maintained above this point, it is highly likely to continue the mid- to long-term upward trend.
However, it needs to rise above 19.73 to continue the upward trend.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
AVAXUSDT| Wave Projection| Potential Ending Diagonal 5-WaveTFD Wave Analysis / Projection - 5 wave ending diagonal pattern? Normally the opposite of previous wave if wave 1 was ABC uptrend, the correction could be 5 wave down
> A potential 5 wave pattern correction downtrend bullish scenario with 5-3-5-3-5 pattern after finishing uptrend ABC wave pattern 5-3-5
> 1-wave - 5 wave downtrend correction retraced previous ABC uptrend or major 1 wave at 0.5 fibonacci level
> 2-wave - ABC uptrend retraced 0.786, 3-wave extended 1.272 of 1-wave, and currently making 4-wave at 0.5-0.618 of 3-wave at falling channel / 50MA resistance but should not rise beyond 2-wave.
> The projected 5-wave downtrend at the target previous DOUBLE TOP pattern expected at 0.5 - 0.786 extension of 3-wave, making a false breakdown with a bullish divergence signal.
Long Entry: 200MA re-breakout zone after the bullish divergence in TFD
✅TS ❕ AVAXUSD: returned in the channel✅✅ AVAX/USD is in an ascending structure.
The chart is moving above the support area and has returned to the descending channel.
We expect the price to rise if it fixes in the channel.✅
🚀 BUY scenario: long to 18.73. 🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
AVAX 100 % gains comingWe expect that the price will get rejected at the strong resistance ($21,600 - $22).
You can short it (stop loss recommended) or be patient and wait for a price to drop into our buy zone ($10-$11). From there we expect a pump towards strong resistance again which would be over 100 % gain.
Mid-term the market remains bearish overall .