Need to check if it is supported around 16.65-17.91Hello?
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(AVAXBTC 1W Chart)
If it fails to rise above 0.0008 602, I would expect a sharp decline.
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(AVAXUSDT 1W Chart)
The HA-High indicator is looking to be created on 17.15.
Therefore, the key is whether it can be supported around 17.15.
(1D chart)
Being supported and able to rise around 16.65-17.91 is important.
If not, I expect it to decline around 13.47.
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** 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.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
(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.)
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AVAXUSD
✅TS ❕ AVAXUSD: mirror area✅✅ AVAX has gained a foothold above the mirror support level.
The price continues to maintain an upward structure.
I think that the asset will continue to grow. ✅
🚀 BUY scenario: long to 21.72. 🚀
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Remember, there is no place for luck in trading - only strategy!
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Trading Idea 024: AvalancheMarket Conditions:
- bullish trend
- consolidation around the resistance
- bullish sentiment in the market
Key Level and Lines:
- $20.00 resistance
Trading Ideas:
- go short if the price stays below the resistance.
- go long if the price moves above the resistance and the crypto market is bullish.
✅TS ❕ AVAXUSD: returning to the range✅✅ AVAX has returned to the range between the resistance and support areas.
The price moves in the uptrend.
I expect continued growth. ✅
🚀 BUY scenario: long to 18.73. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
AVAX Daily SupportsIn the daily timeframe, AVAX's continued upward trend seems to have come to an end for now. After reaching the $18.60 level, it sold up to $17. With the continuation of this sale, if the day closes below the level of $ 16.16, it can be entered in the range of $ 16-14. This correction will give investors a buying opportunity. If it does not close below this level, there is a possibility that the rise will continue.
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
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
✅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. 🚀
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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
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✅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. 🚀
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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.
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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).
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