AVAXUSD
Risky Trade - AVAX LongToday`s trading idea is based on AVAX and going long with strict risk applied to it, and the ability to use leverage to your advantage. This trade might be a bit too risky for some of you , but for those that don't shy away from taking a bit extra on their accounts, it can be a great idea and way to generate a bit extra right before the holiday season in August
Long AVAX/USDT x10
➡️Entry: 23.48
✅Targets: 24.01(50%) - 24.59(25%) - 25.30(25%)
❌SL: 22.99
✅TS ❕ AVAXUSD: bounced off✅✅AVAX bounced off the resistance level, forming several peaks. I expect the fall to continue.✅
🚀 SELL scenario: short to 19.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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.
TS ❕ AVAXUSD: important resistanceAVAX is moving towards an important resistance level. A bounce down is quite possible.
🚀 SELL scenario: short to 23.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
AVAXUSD ❕ back in the rangeUnlike many altcoins AVAX showed slight growth yesterday.
Trading volumes were up and long shadows indicate strong support.
AVAX has returned to the range and is now near the lower boundary.
Price is testing the 50MA as support (4H TF)
I expect AVAX to continue to rise when it fixes above the resistance level.
AVAX fat profit + 40% deposit potential!▪️Deadline for the deal is 7-10 days. Technically, it looks very nice, we are at $20 (psychological support level), we are trading at the lower border of the channel, also pay attention to the indicator below, it signals a buy, you need a short stop for your risk management.
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
Avalanche (AVAX) - July 27Hello?
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(AVAXUSDT 1W Chart)
The key is to find support in the 19.79-23.96 zone and move higher than 32.23.
If it falls below 19.79 and finds resistance, then it is likely to drop below 13.47, so trade cautiously.
(1D chart)
Primary resistance: 30.32-32.23
Secondary resistance: 43.66
1st support: 19.79-23.96
2nd support: 13.47-16.56
- The RSI indicator is falling out of the overbought zone.
- The Stoch RSI indicator is located in the oversold zone.
So, if you find support near 19.79 when you break out of the oversold zone, you would expect a short-term uptrend.
However, it may temporarily touch the 19.79 area and move higher, so you need to trade cautiously.
- In the CCI-C indicator, if the CCI line is maintained above the EMA line, it is likely to show an upward trend.
Therefore, it is necessary to ensure that the CCI line remains above the EMA line.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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✅TS ❕ AVAXUSD: changed its direction✅✅AVAX has changed its direction. Now the trend is directed downwards, after the formation of the top in the area of the resistance level. I expect a fall.✅
🚀 SELL scenario: short to 19.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
💡Don't miss the great buy opportunity in AVAXUSD @avalancheavaxTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.85).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AVAXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 25.18
TP2= @ 27.64
TP3= @ 30.26
TP4= @ 33.19
TP5= @ 36.75
SL= Break below S2
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💡Don't miss the great buy opportunity in AVAXUSD @avalancheavaxTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.85).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AVAXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63 .
Take Profits:
TP1= @ 25.18
TP2= @ 27.64
TP3= @ 30.26
TP4= @ 33.19
TP5= @ 36.75
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AVAXUSD ❕ bearish divergenceAVAX is under a strong zone with high liquidity.
Price and RSI have formed a bearish divergence on the 4H Timeframe.
The asset is in an overbought zone on the BB indicator (4H TF)
TD Sequential has formed a reversal signal down (1H TF)
Price moved out of the overbought zone RSI (1H TF)
I expect the continuation of the correction after fixing under the support level.