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.
AVAXUSD
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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AVAXUSDT Rising Wedge shows Chance?/Trading StrategyBYBIT:AVAXUSDT
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A rising wedge is building since 9/12
Although lots people told rising wedge is bearish flag, I think we could catch chance if made good use of it.
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Apparently, the bottom of this wedge shows strong support before
Also, price gained support gradually on Fib(0.382) and Fib(0.5), can note there are two lower shadow on Fib(0.5)
Therefore, We could catch its vibration to earn consistently.
Based on the downtrend line was broke out and price has stood firm on Fib(0.618)(Orange arrow)
Trading Strategy as below.
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For Short-term
Profit Targets:
a) 79.8~83-----Fib(1)~Top of rising wedge
Stop losses:
a) 65.31-----low from two characteristic lower shadow(Orange horizontal line)
$AVAX$AVAX is looking promising! If we use the past as our reference we see $AVAX started off breaking out of what could have been a cup and handle, then a consolidation period right back into another cup and handle and we are at the breakout point now. If the market changes direction the project will easily double from here and continue in my belief to about $300+/-.
Remember investing involves doing your own research. Never invest blindly. THIS IS NOT FINANCIAL ADVICE!
AVAX/USDT Request Chart ( Bull Flag in LTF )Request Chart $AVAX :-
$AVAX is looking bull Flag in 30 Minutes chart.
I can expect $74 my First Target if hold this Parallel channel support.
After If break $74 Resistance then We can see $83
If you open any trade than don’t forget to Track or watch every time.
Because No one know bad news or Good News Will come anytime.
Support:- $68
Resistance:- $74/$77/$83
Avalanche AVAXUSDT - New ALL TIME HIGH! Very bullish coin!- Avalanche AVAX Rank #11 Coin on coinmarketcap.
- The price is above the All Time High level, which is of course very bullish.
- We have a huge parallel channel, can serve as a resistance on the top.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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AVAXUSDT Resistance Breakout!AVAXUSDT (1h Chart) Technical analysis
AVAX/USDT(1h Chart) Currently trading at $3060
Buy level : Above $66.3
Stop loss: Below $60.4
TP1: $69
TP2: $74
TP3: $77
TP4: $82
Max Leverage 3x
Always keep Stop loss
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AVAX possible scenario for the next few of daysHi, this is my personal possible scenario for AVAX, this scenario is based on: trend lines+RSI+Elliott waves.
Charting is just a personal challenge for me, trying to predict the market behavior. So don't take my chart as a financial advice, and be extra careful with your money.
$100 AVAX? AVAX HAS JUICE FOR 1 MORE PUSHA quick analysis of AVAX. I do think $100 AREA is reachable here!(could be just under. Don't put your targets too high)
What do you guys think?
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AVALANCHE - Our Spot Queen for the Season 🥨🥂Xmas is coming sooner than we think.
London tends to turn Xmas decorations in early November but we, here at FXPROFESSOR we start our planning from mid-September!
All i want for Xmas is to see AVALANCHE over 100 because that will be my shopping budget..that's the plan at least.
ps. even if cryptos go to zero there will be happy faces in this house, make sure you save first and then invest... what you can afford to 'lose'
Come on AVALANCHE..100$ is easy for you, you can do it.
oh and some more AWESOME NEWS!
the FXPROFESSOR
Two formations for AVAX at the same time :)The first formation is the double bottom formation, the W formation. His target is $65.
The second pattern is the ABCD pattern. Its target is around $85.
BASIC ANALYSIS
Problems in the Solana network may have pushed investors to projects like its alternative, AVAX Dot. I've said this before.
The fake news for Litecoin may again have pushed Litecoin investors to alternative projects. This may be just the beginning. We'll watch and see.
What I am saying is not investment advice!