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AVAXUSD

AVAXUSD hit the Channel Up bottom. Levels to watch.Avalanche (AVAXUSD) hit on May 12 the bottom (Higher Lows trend-line) of the Channel Up that started after its February 10 2021 High. That was its first High and May 12 marked its second Higher Lows. Assuming that holds, the pattern will continue to hold and we will have to look for specific markers in order to time a new uptrend. As you see, there are three indicators that broke in a specific order during the last rise to a Higher High. First the price broke above the 1D MA50 (blue trend-line) following the Higher Low consolidation. Then the RSI on the 1W time-frame crossed above its MA. Finally the 1W MACD made a Bullish Cross. Keep an eye on those conditions and plan a potential buy strategy accordingly. On the other hand, a weekly (1W) candle closing below the Higher Lows trend-line of the Channel Up, can set in motion the lower Fibonacci extensions, namely the -0.236 and -0.382 before the market bottoms out. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BINANCE:AVAXUSD
by TradingShot
2
Avalanche (AVAX) - May 19hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (AVAXUSDT 1W Chart) As it fell below 32.23, the possibility of entering the mid- to long-term investment sector is increasing. Therefore, it is important to see if it rises above 32.23. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for 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.) ---------------------------------
by readCrypto
AVAX could be getting ready too?Hello traders, Back in the 'bullish days' last year AVAX did an incredible job. Project itself is interesting, seems to me like an upgraded competitor with DOT. However interest that AVAX had back then was quite suprising. It is correcting so far, but I'd expect 75-90$ region soon (when we reach diagonal ressistance) if it breaks I wouldn't be suprised at all with 200-250$ topping. If you like my ideas, please consider following me on Tradingview and twitter, it would help me a lot. Do your own reasearch and learning, Trade safe, TradingInformator!
Long
by TradingInformator
Avalanche (AVAX) - May 5hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (AVAXUSDT 1W Chart) 56.51 or higher: Expected to create a new wave. (1D chart) It needs to move above 70.11 to turn into an uptrend. So, if possible, it's a good idea to see support in 70.11. (buy) - After confirming the support in 70.11 (Stop Loss) - When it is resisted by falling below 64.90 - When it falls below 56.51 (Sell) - When resistance is received in the range 79.80-89.59 - When receiving resistance near 109.43 (buy) - After confirming the support at 64.90 (Stop Loss) - When it falls below 56.51 (Sell) - When receiving resistance near 70.11 - When resistance is received in the range 79.80-89.59 - When receiving resistance near 109.43 A move above 89.59 is expected to trigger a sharp move. A break below 56.51 is expected to turn into a downtrend. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for 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.) ---------------------------------
by readCrypto
AVAX/USDT $500 ( 1500% ) Target in 2023 As per My Chart#AVAX/USDT Bullish chart Update:- = $AVAX currently trading at $66 = Highly Potential to hit $500 = 2000% Up after first Accumulation zone. = 1500% Up from 2nd accumulation zone. = 1000% Expecting from the next Accumulation zone. = The next Accumulation zone will be $35-$40 = Red Box RSI is the Perfect Entry zone. = Expecting RSI will hit 30 = This time Breakout did but the Waiting for Retest level which is near $40 = Target will be $400+ Guys $AVAX is a Strong potential Project for Long Term. I am accumulating at every Big Dip. Please LIKE and Appreciate my Hard work. Must follow me for the Latest real Time crypto Updates. Thank you.
BINANCE:AVAXUSDLong
by CryptoPatel
7