AVAXUSD
AVAXUSDT trade, a new buy entryAVAXUSDT trade will go buy again after completion of correction. trade is near to supply zone area. From here trade will initially move towards $90 level. Further analysis will be updated with time to time.
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AVAXUSD PRICE PREDICTION Look like AVAX would retrace to $42 before running to 195$ Market cap: $44 billion.
195$ is good price to exit most of my fund off the market
And let some ride to the moon or maybe just lose them all.
Moon target $600 AVAX and $135 billion dollar market cap.
Not considering the blackswan event.
Good luck to you all.
NFA
Avalanche analysis, will AVAX continue the bull run ?* AVAX is still in uptrend respecting the below major trend-line as support and the above descending trend-line is working as resistance for the price.
* Every time the price get's rejected from the above resistance it gains support around $58-$57
* If the price breaks the above resistance we can expect a bullish move till $79.5
AVAX- Buy from support Hello,
Today the price has triggered my pending buy order on AVAX.
I sold 33% previously at the local high at $80 with the intentions of buying back between $57/$60.
My next sell target will be $100, again I will sell 33% with the intentions of buying back the 33% at new support at $80.
Good luck if you join.
AVAX/USDT ChartToday the traditional market is declining, the S&P looks bad, and crypto market only had a small decrease compared to others. AVAX shows support at 62$ and I don't see a price decline on AVAX since other NFT's projects had big pumps in the last few days (e.g. SOL, ETH. XTZ). However I don't see us break the 75$ resistance yet , so my projection is a long to 71$. Comment your thoughts, like and follow.
AVAXUSDT will show its direction soon!/Neutral PerspectiveBYBIT:AVAXUSDT
Notice---Red: rise; Green: fall in this chart.
4H trend chart
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We shift the uptrend line from last post about AVAX as the link below.
From this modified chart, rising wedge is ongoing and price still got support on Fib(0.382)
Also, these lower highs form a downtrend line in the wedge.
With this downtrend and shifted uptrend, price is converging in a symmetrical triangle.
Notice we are approaching the end of convergence, so direction will be decided in near future.(as red and green arrows)
Once direction was showed, no matter its up or down, I setup the first level to take profit.(red and green horizontal ray)
Just assure that you setup your stop loss before open a position.
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Have a nice trading day.
Uptober is here - Keep an eye on AVAX!Here's a quick Look at AVAX 4 hr chart. This is how I would trade AVAX. Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the level shown in the chart with good amount of volume .
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The idea is: Buy the breakout from the level shown in the chart and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 72.6$
2. 79$
3. 90$
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