Get started

AVAXUSD

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...
BINANCE:AVAXUSD
by CryptoSanders9563
2
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.
Short
by pejman_zwin
4
Buying is risky because it is close to the resistance zoneHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (AVAXBTC 1W Chart) If it is supported and rises in the range of 0.0007 164 to 0.0009 769, it is expected to release the power of the rise. ---------------------------------------- (AVAXUSDT 1W Chart) It is important to be able to rise to the 15.44-20.30 section and be supported. To do that, we need to see if we can get support around 13.47. (1D chart) It's a matter of being supported in the 12.77-13.47 section or higher and being able to rise above 15.44. If not, you should be careful as there is a possibility that you will be forced to move around 6.54. The 15.44-20.30 section is the section that determines the trend, and if it is supported and rises in this section, it is likely to continue the uptrend. That said, the 15.44-20.30 section is a section with strong support and resistance, so be careful buying. -------------------------------------------------- ------------------------------------------- ** 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.) ---------------------------------
by readCrypto
AVAXUSD Don't get excited until it breaks these levelsAvalanche is having a good stretch in December but we can't lift our hopes yet as it remains below the 1D MA50 . Even if it breaks it, it will still be contained inside the Falling Wedge of June. Our signal to enter AVAXUSD will be when it breaks the 1D MA200 , which is untouched since April 10th. The bullish target will be $30.00. Until this happen, with the RSI pattern looking increasingly like the last 1D MA50 rejection, it is more likely to see the Falling Wedge break downwards and make a new low on the 1.236 Fibonacci at $9.00. Follow us, like the idea and leave a comment below!!
BINANCE:AVAXUSD
by TheCryptagon
AVAX's chart has become very similar to the Bitcoin's!AVAX has gained in price over the past week in the 4-hour time frame. According to the divergences formed on the RSI indicator and the breaking of the resistance of the downward trend line, as expected, the price of Avax had good growth up to the range of $13.3. But we can clearly see a range area in the 4-hour timeframe. A resistance was considered for Awax last week in the range of $13.26-$13.45, which has seen a negative reaction, with the price closely touching this area. Also, a support area in the range of $12.4 to $12.7 is considered on the chart, and the price is ranging between these levels. In the 1-hour time frame, the AVAX chart has become very similar to the Bitcoin chart. Therefore, considering this high correlation, we can better understand the behavior of Awax by considering the movement behavior of Bitcoin. If Bitcoin continues its upward movement, Avax could break the current resistance to the $14.8-$15 level. This resistance overlaps with the midline of the Avax descending channel, and the probability of a negative reaction at this level is high.
by MonoCoinSignal
2