Within increasing momentum and score avax is about to to test resistance levels. Let's see if scorehood ai based analysis will be proven right again?
A downtrend, or bearish trend is characterized by a few things including making lower lows and lower highs. This is evidently seen when pulling up the macro timeframe and applying trendlines towards major bounce zones or wicks. Similarly, an uptrend is characterized by the price making higher lows, and higher highs. Currently, we are only seeing ONE of these...
AVAXUSDT is currently trending downward, creating lower highs as it nears a crucial support level. After a pullback toward the resistance zone, the market struggled to sustain upward momentum, resulting in a divergence pattern. The price has since dropped below the significant 24.00 level and broken through an upward trendline, marked by the appearance of a...
Market Context: AVAX is still in a downtrend but has retraced over 60% from its previous high and is trading in a strong conviction zone. The price is setting higher lows and has reclaimed the 21-day EMA, signaling buyer strength. Trade Setup: Entry: Long spot position around $23. Take Profit: First target: $29 - $32 Second target: $40 - $44 Stop Loss: Daily...
#AVAX The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards We have a bounce from a major support area at the lower line of the channel at a price of 23 We have a downtrend on the RSI indicator which supports the rise We have a trend to stabilize above the moving average 100 Entry...
You may check previous bull/bear signals from the chart. Seems getting ready for its next move ! Let's see !
AVAXUSDT is in a strong uptrend. When looking back at price action, we can see price broke the 23.50 level and turned it into a support. I am expecting this level to hold and we should see further continuation... BULLISH TRADE SL : 23.27 TP:25.40
gm,,, avax came up in a large 5 wave move from the 2023 lows. 5 waves up is generally the beginning of something,,, so we're going to label that whole structure as wave (1). we then begun to correct in a large 3 wave move,,, i've labeled that particular structure an expanded flat. back in august, we seemingly have completed the expanded flat,,, which i've went...
From where we put the red arrow on the chart, it seems that AVAX has entered the correction phase. We now seem to be in the F wave. The price can drop down soon. If the g wave is normal, it can end on Entry 1. But if the g-wave is extended, the g-wave can continue up to the Entry 2 range. Risk-averse people can wait for Entry 2, and risk-taking people can...
Avalanche (AVAX) Analysis Avalanche (AVAX) has been gradually recovering after a significant drop that saw the price decline from the $31.89 level down to a low of $17.29. Recently, AVAX has been trading on a support zone (Yellow) at $20.69 - $23.04, indicating some consolidation as it attempts to regain bullish momentum. Currently, AVAX is hovering around the...
🔍 AVAX/USDT Analysis: 4-Hour Timeframe 📉 The AVAX/USDT chart on a 4-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. It’s essential to analyze these signals in conjunction with higher timeframes for a comprehensive market view. • September 8, 2024, 9:00 AM - Red Line: This time marks a potential local...
Yello Paradisers! Are we on the verge of a significant breakout, or could a sharp reversal be just around the corner? Let’s dive into the #AVAXUSDT analysis. 💎#AVAXUSDT has been riding an uptrend over the past few days, finding solid footing on an ascending support line. This support has been tested multiple times, and each time, AVAX has rebounded, signaling...
AVAX on the weekly chart is setting up a good risk reward trade set up. This is a weekly chart so it will take some time to play out. We have modified MACD about to cross the zero line. MarketCipher momentum wave turning. Modified RSI is at the bottom turning. I will accumulate between $20-23 dollar range. Below 20 the structure breaks and that would be a stop...
Trading Setup: There is a Trading Signal to Sell in AVAXUSDT Avalanche (1h) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 23.85 ⭕️SL @ 24.46 🔵TP1 @ 21.87 🔵TP2 @ 21.00 🔵TP3 @ 19.65 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
AVAXUSDT has finally broken out of the consolidation zone that has been developing since early August. On the weekly timeframe, the market formed an inside bar pattern, and the price has now surged above it, signalling a bullish outlook. Like many altcoins, AVAXUSDT has tested historical lows, revisiting levels from November 2023, where a significant price surge...
🔍 AVAX/USDT Analysis: 15-Minute Timeframe 📉 The AVAX/USDT chart on a 15-minute timeframe highlights significant upcoming times where price movements may present trading opportunities. For short-term, intraday, or scalping trades, consider focusing on lower timeframes, but always ensure to analyze these signals in conjunction with higher timeframes for a more...
🔍 AVAX/USDT Analysis: 1-Hour Timeframe 📉 The AVAX/USDT chart on a 1-hour timeframe highlights significant upcoming dates where price movements may present trading opportunities. As always, it is crucial to analyze these signals in conjunction with higher timeframes for a more comprehensive understanding of the market. • August 24, 2024, 17:00, September 6,...
Yello, Paradisers! The #AVAXUSDT pair has been setting up an intriguing pattern that demands your attention. But the real question is: Will it explode higher, or are we in for a sharp decline? Let’s dive into the details. 💎#AVAXUSDT has been forming an ascending triangle, a classic bullish pattern, with multiple taps on both the support and resistance levels....