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AVAXUSD

AVAX : Potential Reversal in MACRO TFA downtrend, or bearish trend is characterized by a few things including making lower lows and lower highs. This is evidently seen when pulling up the macro timeframe and applying trendlines towards major bounce zones or wicks. Similarly, an uptrend is characterized by the price making higher lows, and higher highs. Currently, we are only seeing ONE of these conditions met - the higher lows. This does not mean the price cannot retrace towards the trendline. However, as soon as the trendline is lost, the higher lows is invalidated and the price remains BEARISH. A fall UNDER the trendline would likely lead to a revisit of a wick at $17. While you're here👀 Make sure you check out yesterday's post on 3 Alt that are bearish right now: ___________________________________ BINANCE:AVAXUSDT.P
by CryptoCheck-
1
AVAX analysis (1D)From where we put the red arrow on the chart, it seems that AVAX has entered the correction phase. We now seem to be in the F wave. The price can drop down soon. If the g wave is normal, it can end on Entry 1. But if the g-wave is extended, the g-wave can continue up to the Entry 2 range. Risk-averse people can wait for Entry 2, and risk-taking people can enter the range of Entry 1 and Entry 2 in the form of martingale. We have such a view on AVAX. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1
AVAXUSDT: Is a Major Reversal in Sight?Yello Paradisers! Are we on the verge of a significant breakout, or could a sharp reversal be just around the corner? Let’s dive into the #AVAXUSDT analysis. 💎#AVAXUSDT has been riding an uptrend over the past few days, finding solid footing on an ascending support line. This support has been tested multiple times, and each time, AVAX has rebounded, signaling strong buyer interest. Most recently, the pair dipped and tapped into this crucial ascending support, which also coincides with a previous resistance level that has now flipped to support. 💎Currently, there’s a high probability that AVAX could continue its upward movement, but the road ahead isn't without obstacles. The pair will soon face resistance levels that could challenge this uptrend. 💎However, if the ascending support fails to hold, the next key level to watch is the 0.618-0.66 Fibonacci retracement zone, which falls between $21.44 and $20.94. This area could act as a strong support, potentially propelling AVAX toward the minor resistance at $24.71. Beyond this, significant resistance levels are spotted at $27.22 and $30.22, provided the volume remains strong. 💎Keep in mind, our bullish outlook will be invalidated if we see a candle close below the $19.74 support zone. In that case, we could be looking at a more prolonged downturn. Stay vigilant and trade smart Paradisers! Consistency and discipline are your best tools in navigating these volatile markets. Strive for consistency Paradisers, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
AVAXUSDT: Are We on the Verge of a Major Breakout or Breakdown?Yello, Paradisers! The #AVAXUSDT pair has been setting up an intriguing pattern that demands your attention. But the real question is: Will it explode higher, or are we in for a sharp decline? Let’s dive into the details. 💎#AVAXUSDT has been forming an ascending triangle, a classic bullish pattern, with multiple taps on both the support and resistance levels. This suggests that a breakout could be on the horizon, but it’s not all clear skies. 💎The pair has been respecting its weekly demand zone, with a strong buying interest around the $20.90 level. This level has been a key area of support, and as long as the price stays above this zone, the bulls are in control. 💎The ascending triangle's support aligns with this demand zone, increasing the probability of a bounce if the price revisits this level. 💎Below the $20.90 zone, there’s a strong support at $16.18. If the ascending triangle’s support fails, the price could quickly drop to this level. 💎On the upside, AVAXUSDT faces minor resistance at $24.21. If bulls can push through this level, the next major resistance zone lies between $26.69 and $28.64. 💎However, a critical point to watch is the $16.18 support. A candle close below this level would invalidate the bullish trend and could signal a much deeper correction. So, what's next? If the bulls maintain their grip on the market, we could see AVAXUSDT challenge higher levels. But stay cautious—any sign of weakness could lead to a sharp pullback. Remember, Paradisers, in these volatile times, discipline and patience are your best allies. The market can be unpredictable, but by sticking to your strategy and managing your risks, you’ll stay ahead of the curve. Keep a close eye on these key levels and trade smart! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
1
AVAX $300+ This Bull RunBuckle up ladies and gentlemen, we are at the part of the cycle where we are nearing the end of the consolidation period and are getting ready to catapult, BTC at any moment will break 62k and when 70k is broken the true alt season run will occur. Avax is putting out a lot of amazing things and doing on chain collabs for example the California DMV is building their titles on AVAX which is actually insane making real life utility. $300 is a good base target but we can easily push 4-500$
BINANCE:AVAXUSDLong
by SnyyperT
1
AVAX - TRADING AT KEY SUPPORT LEVEL#AVAX/USDT #Analysis Description --------------------------------------------------------------- + AVAX is currently trading at a key support level, and holding this level is crucial for maintaining further bullish momentum. + A falling wedge formation is also visible, and a breakout from this pattern could drive the price higher. + A clear reversal from the support zone is needed to confirm the bullish trend. We can enter a long trade at the current price, with a stop-loss set below the support zone and a target at the local resistance. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 20.88 Stop Loss: 15.93 ------------------------------ Target 1: 28.10 Target 2: 37.44 Target 3: 48.62 Target 4: 62.34 Target 5: 87.40 Target 6: 99.28 Target 7: 133.97 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
AVAX ANALYSIS (1D)From where we entered Start on the chart, it seems that the AVAX correction has started. The correction seems to be a diametric that we are now in wave E of this diametric. Now we have determined the best demand range on the chart. We will look for buy/long positions in this range. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
AVAX - finally going to make a big move??AVAX - finally going to make a big move?? This ones interesting 1. usually it moves out of phase a bit, after the other popular L1's from last cycle. so its good for rotation if one of the others moves hard first. 2. remember that lawyer vid from last cycle; these guys strike me as massive cheeseball scammy mofos ;; but then in crypto who isn't ?? I've decided to play JOE, and its my only AVAX chain play. Also the chart is not as clear cut as some of the other big ones; eth, btc, sol etc Looks like there is a chance we are bearish here... but im pretty confident this cycle is not done so early. but always remain vigilant and able to move like water. that is what will save your portfolio. \ gl
CRYPTO:AVAXUSDLong
by Crypto-Quantum-Fox
1
High risk tradeThis is a 4-hour chart analysis of the AVAX/USDT pair, highlighting key support and resistance levels. The market has experienced several fake breaks near the upper resistance. The area between $24.70 and $25.40 serves as a strong support zone, and a potential entry point for a buy position. Trade Breakdown: - Buy Entry 🟢: Support zone at $24.70 - $25.40 - Target 🎯: Resistance area at $32.55 - Stop Loss (SL) 🚫: - High Risk SL: Below $24.70 - Best SL: Below $22.00 This analysis suggests that traders could consider entering a long position around the support zone while setting appropriate stop-loss levels to manage risk.
Long
by ahmadarz
2
Is AVAXUSDT on the Verge of a Major Breakout? Yello, Paradisers! Is #AVAXUSDT about to break free from its downtrend? Let's dive into the analysis and find out! 💎#AVAXUSDT has been stuck in a downtrend for several days, repeatedly testing a descending trendline that acts as a strong resistance. Recently, it has been respecting its weekly support zone around $24.9-$22.8, where it took buy-side liquidity and reclaimed this support level. 💎If AVAXUSDT manages to break out from the descending trendline and retest it successfully, will have probability of a continuation towards minor resistance at $34.03. The price is anticipated to reach the major resistance zone around $39.91-$41.90. This is where a strong rejection is probable to happen. 💎If AVAXUSDT fails to break the trendline and closes below the daily support at $21.63, it will likely confirm a continuation of the downtrend. The next few days are crucial for AVAXUSDT. A breakout above the descending trendline could lead to significant upward movement, while failure to do so might push the price back into a downtrend. Remember, Paradisers, patience and discipline are key. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way to succeed in your crypto trading journey. Trade smart and avoid the herd mentality. By mastering your willpower and sticking to a robust strategy, you'll already be ahead of most traders out there. Keep pushing, and you'll find yourself in the winner's circle . MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
10
Avalanche AVAX price is on the verge of a strong movementThe trading volume of #AVAXUSDT has firmly established itself in the top 10. So is Avalanche token being actively sold or bought now? We will have all the answers soon, but for now, here are two scenarios for the CRYPTOCAP:AVAX price movement: 🔴 red - $35 - $45 - ($18.7-23.7) 🔵 blue - $32 - $55 - $43 - $110 So which pill 💊 will you choose 🔴🤷🔵 ? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
6
#AVAX/USDT#AVAX The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside. We have a bounce from a major support area in green at 24.00 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward. Entry price is 27.00 The first target is 30.35 Second goal 32.33 Third goal 34.71
Long
by CryptoAnalystSignal