AVAX❄️ triangle breakoutAvalanche broke up this triangle📐 and I think there is chance for run to 19.43 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 17.34
STOPLOSS (SL) : local low @ 16.06
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 19.43
REWARD RISK RATIO (RRR) : 1.63
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
AVAXUSD
✅TS ❕ AVAXUSD: wedge✅✅ AVAX has reached the resistance level.
The price movement resembles the formation of an ascending wedge.
I'm expecting a fall. ✅
🚀 SELL scenario: short to 16.44. 🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Avalanche AVAX price has good perspectives for growthFor the last month, the AVAXUSDT price is in the liquidity zone, where it was last in July 2021.
Also, the pattern of formation of a possible price bottom is very similar to 2021. What was further with the price of AVAX can be seen on the chart.
Another positive point is that in July 2021, the BTC price fluctuated in the range of $30-32k. The AVAXUSDT price was trading in the range of $10-14. In the current trading, the price of the Avalanche token ranges from $11 to $14, but the cost of BTC is roughly 2 times less than 1.5 years ago.
That is, AVAX is bought in the AVAXBTC pair considering it a promising asset.
Putting together all our assumptions and what we saw on the chart, we can conclude that in the medium term, the AVAXUSDT price has every chance to grow into the price range of $30-32
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
✅TS ❕ AVAXUSD: uptrend✅✅ AVAX continues to save movements in the uptrend.
The price is testing the mirror resistance level as support.
I expect continued growth. ✅
🚀 BUY scenario: long to 17.75. 🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
AVAX/USD - Bear Time PumpIf the price retraces the recent FTX dump and closes above $14 (June lows), then I can see it squeeze up to the area highlighted in red in the chart ($30 - $36), and even higher ($55 - $60). I plan on buying at where the red arrow points.
Keep in mind that if the price starts closing back below $14 after closing above it, then this prediction is invalidated. What I mean is that my prediction holds only if the coin finds support above $14.
This doesn't just go for AVAX. The chart looks the same for a lot of other altcoins, and even for BTC, too. The idea remains the same: if they close a daily candle (or weekly, preferably) above the point at which the market began dumping on news from FTX, then they're likely to pump hard. See my recent XTZ chart which shows the same sort of setup.
AVAXUSD is the closest to its 1D MA200 it's been since April!Avalanche (AVAXUSD) is about to hit its 1D MA200 (orange trend-line) for the first time since April 11 2022! Needless to say, a break-out there would be a major long-term bullish signal for the coin.
With AVAX trading within a Channel Up since the February 2021 High, we can see that the best Sell entry and (potentially now) best Buy entry have come around its +0.236 and -0.236 Fibonacci extension (extreme) levels respectively. Those extremes have both come after the 1D RSI went deep into a Bearish and Bullish Divergence respectively. On the November 21 2021 High, while AVAX was rising on Higher Highs, the RSI was falling on Lower Highs, hence a Bearish Divergence, indicating loss of strength on the trend. Similarly on the December 30 2022 Low, while AVAX was falling on Lower Lows, the RSI was rising on Higher Lows, hence a Bullish Divergence, indicating a weakening bearish trend.
In both cases, the breaking of the 1D MA200 was the confirmation of trend reversal. And since in late January 2022 after the 1D MA200 bearish break-out, AVAX bounced back on the short-term above the 1D MA50 (blue trend-line) before making the deep collapse, we expect this time also after the 1D MA200 bullish break-out to pull-back on the medium-term before starting to fill the upper Fibonacci levels of the Channel Up one by one in the new Bull Cycle.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Avalanche Analyze (Short term, Timeframe 4H, 01/03/2023)!!!Avalanche was able to make a double-bottom pattern on the heavy support zone.
I expect Avalanche will go up at least until the middle line of descending channel and resistance zone.
Avalanche Analyze ( AVAXUSDT ) Timeframe 4h⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Buying pressureAVAX has recorded a 25% gain in the last 24 hours. Buying pressure and increased demand have led to the failure of two important static resistances. The first resistance at $13 has now turned into good support. But the power of the buyer is so high that the possibility of a pullback to this support area has decreased. But another support is in the $13.8-$14.20 range, where a return to this level could trigger higher targets for AVAX if there is a positive reaction. The target we can consider for Avax is in the range of 21-22 dollars.
AVAX (The Ethereum Competitor)AVAX / USDT
AVAX known as "The Ethereum Competitor" made a strong recovery from the HTF support
Seems like it bottomed out ,you can see it just made a breakout like it made in past (august 2021) from this support it made X16 in just 4 months in 2021 !
could history repeat itself again ?
Best of wishes
In order to transition to a mid- to long-term uptrend...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(AVAXBTC 1W Chart)
AVAX, one of the coins that are expanding the coin ecosystem, is rising to a section where it is likely to emit the power of rising.
If it rises above 0.0009 187, it is judged that there is a possibility of exploding the power of the rise.
------------------------------------------
(AVAXUSDT 1W Chart)
It shows a movement out of the volume profile section of 6.54-13.47.
If the price rises above the MS-Signal and maintains the price, there is a high possibility that it will turn into an upward trend from a mid- to long-term perspective.
(1D chart)
The key is whether it can rise above 19.72 with support in the 14.99-16.65 section.
If not, you should check if the price holds within the 12.40-13.47 zone or higher.
Since the M-Signal on the 1W chart is formed around 16.65, it is important whether it can rise above 16.65.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
✅TS ❕ AVAXUSD: double bottom✅✅ AVAX formed a double bottom after breaking through the support area, returned to the support level and bounced up.
The asset is moving in an uptrend.
I expect growth after consolidation above the resistance. ✅
🚀 BUY scenario: long to 13.72. 🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
The point to be supported is...Happy new year!
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(AVAXBTC 1W Chart)
In order to dissipate the rising force, it must rise above 0.008 602 ~ 0.0009 187.
--------------------------------------
(AVAXUSDT 1M Chart)
The key question is whether the price can sustain its rise above 13.47.
If not, it is better to wait until HA-Low is created in the long term.
(1W chart)
If it continues to decline along the downtrend channel, there is a possibility of a decline to around 6.54, so we need to think about countermeasures.
(1D chart)
The question is whether it can break out of the downtrend channel by moving sideways around 10.83.
If not, a decline to around 7.72 is likely.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
AVAXUSD ❕ fixed above the lower boudary of the channelAVAX is moving in a descending channel with low volatility and has already reached the lower boundary.
The RSI chart on the 4H TF indicates oversold.
TD indicator has formed a reversal signal up (4H TF)
I expect growth if the asset holds above the support level.
AVAX ANALYSIS#AVAX UPDATE.
#AVAX is facing huge resistance at the red box resistance area and got rejections on 4 TF.The current resistance for avax is the 20SMA on BB .The contraction of the BB suggesting some strong and flash move waiting ahead for avax .Do not enter in longs until avax close above the red box resistance.
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 for Analysis:-Avalanche (AVAX) was a notable gainer on Tuesday, as prices surged following the release of U.S. inflation figures.
November’s consumer price index (CPI) came in at 7.1%, which was lower than the 7.3% traders were expecting.
As a result, AVAX/USD rallied to an intraday high of $14.09, which saw prices up by nearly 10%.
Today’s rise saw the avalanche hit its strongest point since December 5, which was the last time the token was trading above its ceiling at $13.75.
The 14-day relative strength index (RSI) also rose, breaking out of a resistance point of 51.50 in the process.
Gains in AVAX have eased from earlier highs, and as of writing the token is trading at $13.94.
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.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
Avalanche Analyze (Short term, Timeframe 4H, 12/05/2022)!!!
Avalanche was able to reach the resistance zone by zigzag correction.
The sign of the end of the zigzag correction is the creation of two Shooting Star Candlestick Patterns in the resistance zone.
I expect Avalanche will go down at least until the support zone after breaking the uptrend line.
Avalanche Analyze (AVAXUSDT) Timeframe 4h⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.