AVAXUSDT - Good buying timing.BYBIT:AVAXUSDT
1H trend chart
-
AVAX just broke out the downtrend line, and even took out the neckline of double bottom (blue line) in 1H chart right now.
So if price can stand firm at 104.9 w/o wicks top, trading strategy as below.
-
Profit Targets:
a) 108.410~109.830----Fib(1.272~1.382)
b) 112.870----Fib(1.5)
c) 117.8----Fib(2)
Stop losses:
a)95.875-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
AVAXUSD
AVAX Avalanche 4H - Support TargetsToday I am reviewing the 4H chart for Avalanche (AVAX) on a linear scale.
The price dropped today as did the entire crypto market except for a few outliers.
In the chart I noted:
1) The Ichimoku Cloud support in green which is looking strong.
2) 3 areas of Support in case there is a possible price drop further.
3) The 50/100/200 MA with the 100MA at Support 2.
4) The Volume Profile (VPVR) showing the major support areas going down.
The volume overall looks healthy. Also keep an eye on the RSI (relative strength index) as we may have potential to get back to touch the trendline.
What are your opinions on this? I love reading your comments below.
Check out more below for recent Altcoin, Bitcoin , Stock and Commodities Ideas.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
AVAX/USD - Show of strength while market tanked! 😎AVAX pumped while most of the market tanked. This is a show of strength!
While we have still not passed the all important resistance, we have made a new all-time high! This is bullish. If AVAX can pass this resistance and make it support we will go much higher.
Indicators are also curving back up and volume looks healthy here. Looks promising and bias is bullish. But we got to pass this resistance soon, the longer we wait the higher the chance we drop back down.
Be careful.
Like and follow if you liked my idea!
Avalanche Technical AnalysisAvalanche Technical Analysis
Avalanche Technical Analysis
Avalanche Technical Analysis
Avalanche Technical Analysis
Pullback before Long AVAXTwo ways this can go.. We all know long-term with the market sentiment being bullish we will be longing AVAX, however, we are at a KEY area! If this range high does not now act as support, I believe we will gravitate down towards the demand zone, fill in the imbalance, pick up more liquidity to continue our bullish trend. However, if the range high does act as support, then we are can consolidate above the range level and then be ready to long.
AVAX/USD is currently trading at $90AVAX/USD is currently trading at $90.
Support is present at $85.
The price analysis of the Avalanche cryptocurrency shows that it is trading at a record high of upwards of $98. The AVAX/USD has corrected today, with bulls regaining enough power for a possible move higher, surpassing the previous all-time high level. According to technical models, the next resistance AVAX may be at $103.4.
✅AVAXUSDT - Spike and so close to TP3 as predictedBYBIT:AVAXUSDT
-
Congrats! You must have a nice profit right now if you're following the trading strategy as below
-
As usual, do not forget to take profit at every TP gradually, you can hold the rest until TP3.
Just take it anytime you satisfy.
-
Moreover, I set two new SL which are $94.205 to protect your unrealized profit.
Have a good day!.
-
If you like this analysis, smash the like button and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
Wait for the right moment to bag some AVAX AVAX is another coin that presents a very good opportunity in the near future.
In the higher Time Frame (D1), we saw that there was a beautiful retrace on the 61.8% which is referred by some experts as the Golden Ration. So from that we highly expert a to the upside.
If price comes to that area and we fond some rejection to the upside or a bullish pattern , then we can buy and target a 40 - 50% of profit on the trade.
AVAX/USD - ATH @ $99.90. Time to be careful! 🙄AVAX has been in a clear bullish trend for some time and has set a new all-time high today at just under $100. However, so far, the bullish momentum wasn’t able to surpass the milestone level, and today’s candle might end up with a long wick to the upside.
The critical resistance level lies at the $100 – $102 range. If bulls fail to close above the resistance, we can expect a retracement to the key support level around $78.
Trading Volume: Volume was high (bullish) on this last leg higher; however, it is still lower than the volume recorded in September. A decreasing amount of volume in an uptrend is a possible sign of trend weakening.
RSI: The RSI has seen a large bearish divergence. Each higher-high on price was followed by a lower high on the RSI, ranging from August to November. If this divergence plays out, then AVAX may enter a significant correction.
MACD: The MACD on the daily timeframe is bullish at the time of this writing, but similarly to the RSI, the MACD histogram shows signs of a bearish divergence. Watch closer if the MACD goes through a bearish cross on its moving averages.
The bias for AVAX is bullish right now, however, if support fails to hold, it can quickly turn short-term bearish.
While today’s 3-digit all-time high gives an excellent reason to celebrate for Avalanche holders, the strength of the last leg pales in comparison to the past.
This is sufficient reason for extra cautious watching the price action and the daily and weekly candle. Following a major rally, AVAX might need to breathe some air and retest the critical support at $78 before attempting to break $100.
AVALANCHE - 100$ 🗸🍊 AVAX has done GREAT for us. We had called it our 'Spot Queen for the Season' with a target of 100$ and it became a reality very fast:
We know a breakout when we see it and when Fundamentals agree it's sometimes easier to more than double in 90 days than it is to do so in months: what a fantastic example this has been.
Once again:
Blazingly Fast, Low Cost, & Eco-Friendly.
Solid Tech, robust tokenomics and a visionary founder. It can easily overtake some of the Tokens/coins that have stopped growing, like Polkadot, XRP and DOGE.
Not as fast as Solana, not as decentralized as Cardano , not as profitable as Ethereum but the parabolic growth should grow.
The AVALANCHe community is fanatic with AVAX and the growth seems more organic and healthy than the competition.
TECHNICALLY:
Time to take some profits and wait for a new entry. Price might need to ,ose some steam and test support at 83$ before going higher. It's been fun, yes.
One Love,
the FXPROFESSOR
💡Don't miss the great buy opportunity in AVAXUSD @avalancheavaxTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (88.32).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AVAXUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 94.00
TP2= @ 97.00
TP3= @ 100.00
TP4= @ 106.50
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 ❤️
💡Don't miss the great buy opportunity in AVAXUSD @avalancheavaxTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (88.32).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AVAXUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 94.00
TP2= @ 97.00
TP3= @ 100.00
TP4= @ 106.50
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 ❤️
Avalanche: Could still 10x in this crypto cycleThis is our first time covering Avalanche. AVAX seems to be starting a new uptrend, that could lead up to $900 by March 2022, when the cryptocurrency frenzy hits retail. If we look at Defillama, the TVL in that layer-1 is increasingly significantly, at a faster pace than even Solana. AVAX has been consolidating for a while now and seems ready to go higher.
AVAXUSDT - Time to buy?BYBIT:AVAXUSDT
1H trend chart
-
AVAX just broke out the downtrend line, and even took out the neckline of double bottom(blue zone) in 1H chart right now.
There are lots resistance around the neckline.
So if price can stand firm at 90.015 w/o wicks top, trading strategy as below.
-
Profit Targets:
a) 93.285~94.605----Fib(1.272~1.382)
b) 96.025----Fib(1.5)
c) 102.030----Fib(2)
Stop losses:
a) 87.615-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
AVAX is moving in Uptrend channel, Can we buy now?As you can see in the chart, AVAX is moving in a huge uptrend channel which is strongly directing the price to upwards.
Trend is extremely bullish and 170$ is the next target for this coin in 3 or 4 upcoming month and passing Mid Line faster will cause to faster result.
Move and Don't stop!
AVAX Long, Target of $122 by EOM, Breakout 12-14NovThe cup and handle pattern played out as expected and now a bull flag is forming on the daily. The bull flag target matches up nicely with the sine wave projection as well as the fib extension. A lot of buys orders coming in during this correction and a push upwards is imminent. TSI has headroom as well as beginning a new momentum cycle.