AVAXUSD
Pivot Yearly predictions for AVAX using hidden pivotsThis is a very basic but powerful trading idea published as part of my Crypto market analysis for 2022.
It demonstrates the earning potential, predicted by Traditional Yearly Pivots.
On top of that, it uses my Hidden Pivots Indicator that is plotting additional levels of pivots from the R6-R10 and Support Pivots (If calculation allows it, as in many cases it won't) from S6-S10.
The Indicator plots automatically on each time frame.
You can have a look at it here:
And a deeper explanation of it here:
medium.com
In the case of $AVAXUSD, you can see the four scenarios on the chart:
1.Likely in case of bear year - Downside to the S1.
2. Likely in case of bull year - Upside to the R1.
3. Likely on as very bullish cycle - Upside to the R5.
4. Likely on a bananas rocket to the moon year - Upside R10 and beyond.
For the whole long read and analysis on the pivot side of the crypto market 2022, see here:
rotzeod.medium.com
AVAXUSD Cycles with SineWaves. Is it accumulation at the bottom?Avalanche has been one of the surprises of 2021 and despite the market correction since November, it is seen consolidating in rage. I've spotted an interesting cyclical behavior of AVAX, which can provide a fairly accurate pattern to long-term investors.
As you see it is going through phases of accumulation - rise - sell off. There is an underlying Fibonacci Channel that is supporting its long-term uptrend since the September 2020 market bottom.
I've applied the Sine Waves for a better understanding of AVAX's cyclical behavior and as you see it shows that we may be currently half-way through the new Accumulation Phase. The 1D CCI hit last week its long-term Support Zone and has been rebounding since. Such hit and rebound sequences are only seen during AVAX's accumulation phases. Based on that pattern, it is possible to start seeing the new Rise Phase towards the end of February but if you have a long-term investor mind-set, this model shows that Accumulations are done on market bottoms, so the time to buy is now as if the rest of the market rises before, AVAXUSD should follow.
The next target for a Higher High is the 1.5 Fibonacci extension around $315.00.
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AVAXUSDT, We are in wave C or 2 ??Hello everybody
According to the chart and previous analysis, we shown on chart 3 zone that is the support zone of the price and the point of swing can be happen in there zone.
In here exactly first support zone was activated exactly.
We need to have correction of our breakwave that make ATH in here we have a wave that we can say it can be A or ABC both of the is correct and the acceptance of that to know which one we should name it is if the price can break this first support zone below the name of the wave is A and we are going to complete wave C and if the price rise up from here and can break the resistance zone at the top (ATH) we name it ABC.
Because of the movement that is hard to say which scenario can be happen we shown on chart that you can but 1 step in first support and if the second scenario happend you can buy in other support zone area to reduce average purchase.
This is analysis and you can entrance in position and spot trading with your own analysis and capital management this is just view of the analysis for helping anyone.
Good Luck
Abtin
Previous analysis :
AVAX appears with a bullish pattern* AVAX in 4H time frame forms a Falling wedge pattern.
* Falling wedge is a bullish pattern which appears when the price moves between two descending trendlines forming lower-lows and lower-highs.
* Price above the upper descending trendline can give a bullish move towards $115 levels.
avax 1-10 update 🎵avax seems to be playing out my original trajectory via 👇
i seriously didn't expect to see it back down at these prices to be totally honest.
if it genuinely does get down into the 60's, i'm going to be all over it.
i don't have a stronger pick than avalanche (aside from ethereum); they are my top two going into the future.
ps. once this bottom is in, we should begin some sort of move to the upside - just not sure what that move is going to be just yet. its possible that this will complete a wave W, then we still have a larger wave X and Y to go before the real bull run begins.
avax 1\6 updategood evening,
i have reason to believe avax has or is extremely close to a bottom.
84~87 would be the area it finds buyers if the local golden zone was to break.
if this is a 1-2 setup (which is highly possible), then wave 3 target sits at $210.
if it's some kinda corrective structure, then aim for $152.
AVAXUSDT - Reversal from support zone!!AVAXUSDT (4h Chart) Technical analysis
AVAXUSDT (4h Chart) Currently trading at $105.8
Buy level :Above $103
Stop loss: Below $88
TP1: $116
TP2: $127
TP3: $134
TP4: $147
Max Leverage 3x
Always keep Stop loss
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avax 12-29 updategood evening,
have a wolfish update on avax.
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as some of you may know, this is my favorite project to date
i stake the projects underneath it, and am extremely bullish on the entire eco-system.
my longer term upside target for avax is at 22k (yes 22k).
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so i have somewhat of a bullish alternative here to my last post-
there's a chance that the recent move up was a wave (1), and this little dip that we've seen over the last few days is a wave (2).
if this is indeed the case, then wave (3)'s upside target would sit at about $228 via that 1.618% extension.
conservatively, i'm only aiming for $165 on this trade (the 100% extension)
depending on the wave structure once we get closer to that area, i'll re-assess this idea & take it from there.
💸
💥AVAX - FALL TO SUPPORT LEVEL📉Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As seen on the chart, price is approaching support level within $70 and $80. The descending triangle pattern confirms this move. If support hold and price reverses at support, we go long to ATH.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
SIMPLE CHART = SIMPLE TRADE! AVAX DUMPThe sophistication of insight comes with simplicity, not over complicated drawings with 100 different lines and graphs. In this simple chart, you will see the price action for the next 4 years. We will be in a down trending channel through 2022. Be sure to scoop up some bags in 2023 before we take off again. Good luck! I want that RSI to go down below the purple channel before I buy.