AVAXUSD
Avalanche: In the Mood for More!February has been very positive for the AVAX price so far. In the next step, the altcoin should establish the high of the magenta wave near the resistance at $56.43. Thus, the latest bearish pressure should be conquered soon in favor of new upward momentum. As part of our primary scenario, the upcoming wave high should initially be followed by a sell-off until the low of the turquoise wave 2 is settled. However, there is a fairly high 40% chance for a clear breakout above the mentioned resistance. In this case, the turquoise wave alt.2 would have already been finished.
AVAX/USDT Bullish Channel In H4A chart of the AVAX/USDT currency pair on a 4-hour timeframe. The chart displays a Bullish channel pattern.
Bullish Channel : The Price has been Trading within a Bullish Channel for Some time, characterized by a resistance line at the top and a support line at the bottom.
The price is currently trading at Bottom of channel pattern, if Breaks the Downside then it start Bearish Sign.
However, it is still early to say whether this is a genuine breakout or a false signal.
Recent News:
Music industry eyes DeeStream presale after Ethereum and Avalanche whales join: This news suggests potential increased interest in the Avalanche network from institutional investors, which could be positive for AVAX price.
Thank you.
AVAX - If We Break The Lows We Head Lower....An observation on the chart that may pique interest: You could consider shorting this market.
If so, await a breach below $38.38 and target $33.65, setting a stop at $39.14 if it continues to resist without surpassing.
In that case, consider the last high made by the mini Wave E.
AVAX - Update On The Count...I think exercising patience is crucial with this pattern. I've opted to temporarily withdraw my short position because it seems like a weak 5-Wave movement is unfolding, necessitating additional time to mature. I prioritize safety over risking a rebound upward since it doesn't conform to a straightforward 5-Wave pattern, thereby lacking proper resistance or stop levels.
AVALANCHE - Short Trade For Wave E of Wave (B)....This brief video about one of my current trades is predicated on the notion that we're currently in a Wave (B) within a Wave D, anticipating a substantial Wave E correction to the downside. My stop level stands at 39.50 currently, with an expectation of a descent to at least 37.67. However, I'm inclined to think it could potentially decline even further, as indicated in the video.
I expect AVAX to rise to $65.
Hello everyone!
#AVAX has established itself above the 0.5 Fibonacci level amid market growth. I anticipate further movement in the near future towards $65.
All targets are on the chart.
This is not financial advice, everything you do is at your own risk!
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AVAXUSDT - Ascending Triangle, waiting to breakout#AVAXUSDT (4H CHART) Technical Analysis Update
AVAXUSDT is forming ascending triangle pattern and it's waiting to breakout the ascending triangle.
If the price momentum continues in the similar manner, we can expect the breakout in next 2-3 days.
We have a strong resistance at 37$ level.
Long Entry level: $ 37.88
Stop loss: below $ 34.75
Target 1: $ 40
Target 2: $ 43.3
Target 3: $ 46.8
Target 4: $ 50
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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AVAX ANALYSIS (4H)From where we entered START, we have entered a correction.
It seems that our correction is a diametric, of course it may be a triangle.
We expect a downward rejection to complete wave E.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Avalanche AvaxWhat is Avalanche?
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Any smart contract-enabled application can outperform its competition by deploying on Avalanche.
Avalanche launched on mainnet, September 21, 2020. Since then, the platform has grown to secure over 400+ individual projects, $64M+ of AVAX burned (reducing supply), 1,200+ individual block-producing validators, and over 1.3M+ community members around the globe.
- Strong Project, " TP Numbers " are very simple.
- i didnt include Fibo calculations to keep the chart clean but i've done it
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Trading Plan
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Buy : Now
Rebuy : 50$ Zone is a gift
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TP1 : 150$ (ATH Security TP)
TP2 : 200$
TP3 : 300$
SL : 40$ if you want to set it
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Happy Tr4Ding!
AVAX If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
CRYPTOCAP:AVAX update 🧵
Nice bounce out of identified AOI.
Want to see a nice completed impulse up here with a break and flip of this level.
37.51
Break back below
33.42 from here is sus.
Cheers
free in R/2📊Analysis by AhmadArz:
🔍Entry: 30.71
🛑Stop Loss: 30
🎯Take Profit: 31.32 _ 32.14 _ 33.26 _ 34.34
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
AVAX: Thoughts and Analysis, potential low discussion.
Today's focus: AVAX
Pattern – 50% Fibbo, HL low analysis.
Support – 29.22
Resistance – 33
Hi, and thanks for checking out today's update.
Today, we are taking a look at AVAX (Avalanche) on the daily chart. Looking at price with a Fibonacci retracement tool on the chart, we can see that price lines up at the 50% point. This point also lines up with a previous high. We discuss the significance of the 50% Fib point and when price lines up with previous highs in today's update.
We have also run over what we are looking for to start calling a confirmed low and continuation. Signs are building, but buyers still have some work to do.
Good trading.
AVAX JUST A LOOKING FOR SOMETHING :)Hi guys :) its been a while :)
Here we see an analogy in the Avax harmonic table that we have not looked at for a long time. it may be very simple data for someone. But since i think 2024 will be the year of "Real World Assets", i think the chart will work positively. it is not recommended to invest based on this study. Do your own technical and fundamental analysis without getting caught up in the manipulations on social media.
Have nice year :)
Avalanche PRICE PREDICTION *AVAX*Avax has been surprisingly strong and continues to do so with the latest strong wave.
It is likely to break above the $60 level with the last wave.
60 is the minimum and it is possible that it will be higher in reality, but at the moment no one knows what the real level is
After that, a bigger correction to make new higher highs.
Given the overall state of the crypto market, this is a possible reality
Don't forget to support the analysis if you agree.
MoralDisciple