AVAXUSDT
AVAXUSDT's Next Big Move? Key Levels You Can't Ignore! Yello, Paradisers! Have you noticed the recent surge in #AVAXUSDT? Let’s break down what this market shift could mean for both cautious traders and risk-takers.
💎#AVAXUSDT has finally shown signs of life. After days of bearish pressure with consistent lower lows and lower highs, The market witnessed a significant structure break, indicating that bearish momentum may be losing its grip. Not only did it push above its previous lows, but it also broke out from a descending trend-line resistance, sparking optimism for potential upside movement.
💎AVAXUSDT has probability to pull back to a 4-hour demand zone between $26.31 and $25.79. If this area holds, we could see buyers stepping in for another push upward.
💎Eyes should be on the $25.18 to $24.64 zone. This level, aligning with the 0.5 Fibonacci retracement, is crucial for forming a higher low. A strong defense here could propel prices back into a bullish trajectory.
💎The first hurdle for AVAXUSDT lies around $29.40. If momentum sustains, a climb towards the major resistance zone at $31.61 and the stronger cap between $33.68 and $34.42 is on the cards.
💎Stay alert for invalidation. A 4-hour candle closing below $23.21 would signal a breakdown of this bullish outlook and could lead to further declines.
💎AVAXUSDT is at a pivotal juncture. If it respects the support zones, the path to higher resistance levels could open up, giving traders opportunities to ride the momentum. Conversely, a failure to hold these supports could shift the narrative back to bearish.
Stay disciplined and monitor these levels closely. Remember, patience and strategic entries will always outperform rash decisions. Trade smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
AVAX Signal with Inverse Head and Shoulders and Targets📉 AVAX (AVAX) Buy Signal with Inverse Head and Shoulders Pattern and Elliott Wave Analysis – Identifying Entry Points with Attractive Price Targets
Hello, dear traders! Technical analysis shows that an inverse head and shoulders pattern has formed on the weekly AVAX (AVAX) chart. If the neckline at $31 is broken, it could confirm the start of Wave 3 of 5 in Elliott Waves, signaling a powerful upward move.
🕰 Previous Wave Movements of AVAX:
Wave 1: AVAX started its rise from $8.5 in September 2023 and reached $69 in March 2024.
Wave 2 (Correction): The price then corrected to $16.5, completing the Wave 2 of 5 Elliott Wave, ending around July 2024.
Wave 3 Start: Now, with the breakout of the inverse head and shoulders pattern, we expect the third wave to begin with strong bullish targets.
🎯 Entry Strategy and Targets: ✅ Entry Point: After breaking the $31 level
🚀 Target 1: $130 (about 300% profit)
🚀 Target 2: $450 (about 1300% profit)
📌 Note: Always focus on proper risk management and planning. Best of luck and happy trading, dear friends!
AVAX vs BTC | ALTCOINS | Life Changing IF This Pattern Plays OutFractals have been used for years as possible suggestions to map how money moves in the financial market.
This is what gives them significance; they draw out a sort of map. The hard part about fractals though, is that they often appear cross markets and it is no easy feat to spot similarities on large scale. However, to the seasoned eye, fractal-spotting becomes easier over time.
There is a misconception that fractals can only be used in the same timeframe. This is simply because, as with Bitcoin, there is a large history of candles (data) that plays out in an elaborate pattern. Daily candlestick patterns become lost in weekly patterns, even though the general direction / macro is the same.
In the case for AVAX, a similar pattern has been observed in BTC before the COVID pandemic - and it has been playout out perfectly, so far.
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BINANCE:BTCUSDT
COINBASE:BTCUSD
BINANCE:AVAXUSDT
Avalanche Avax price entered the buying zone 4 months ago, all those who chose the 🔴 "red pill" 💊 were right.
OKX:AVAXUSDT price has dropped to the buying zone of $18.7-23.7
So, if you believe in #Avalanche project, the CRYPTOCAP:AVAX price now is "tasty" with the prospect of growth at least x2 by the end of the year.
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The key is whether it can rise after forming a short-term bottom
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(AVAXUSDT.P 1D chart)
An arrow appears for the BW (0) indicator.
Accordingly, it can be interpreted that the possibility of forming a bottom section has increased.
Looking at the previous past movements, we can see that there is a possibility of an additional downtrend.
Therefore, the key point is whether there is support around 19.527-21.409.
When the BW (0) line is formed, the point to watch is whether it can receive support around that area and rise above 27287-29.277.
If you look at the big picture, you can see how important the current section is.
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Have a good time.
Thank you.
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- Big picture
The real uptrend is expected to start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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$AVAXUSDT: Bullish Breakout Ahead!CRYPTOCAP:AVAX has broken out of a long-term downtrend channel and is now forming a symmetrical triangle. With exciting news like the Avalanche CRYPTOCAP:AVAX Visa Card launch for crypto payments, we’re expecting a breakout from this triangle that could lead to a significant upward move. Overall, the outlook is bullish—let's see where it goes!
BINANCE:AVAXUSDT Currently trading at $27.6
Buy level: Above $27.5
Stop loss: Below $23.5
TP1: $30
TP2: $35
TP3: $40
TP4: $50
TP5: $65
Max Leverage 3x
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ALTCOINS Q4 2024 | Ideal Entries | GOOD BUYSHere's an updated list of 10 altcoins that have good chart setups and longer term prospects.
Note that for some, you may have to dollar-cost-average (buy little bits on the way down).
1) NEARUSDT
2) TAOUSDT
3) LTCUSDT
4) TIAUSDT
5) FTMUSDT
6) GRTUSDT
7) AVAXUSDT
8) INJUSDT
9) AAVEUSDT
10) SOLANA / SOLUSDT
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AVAX SWING LONG IDEA - ALTCOIN SEASON AVAX is one of the most well-known coins, with strong fundamentals. I believe it will perform well during the 2024-2025 bull run.
The price is coming from the monthly demand zone, showing solid rejection and strength. It also broke the diagonal trendline responsible for the bearish trend. The weekly momentum is strongly bullish, and the daily momentum is also bullish, supported by Bitcoin's strength.
The price may form a small range here before taking off straight toward the purple targets.
I’ve bought a spot position here and will be holding it all the way to new highs and targets above.
Just before turning into an uptrend
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(AVAXUSDT 1M chart)
The key is whether the price can be maintained above 21.39 and rise.
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(1W chart)
The key is whether it can be supported above 27.29, in the box area of the HA-High indicator (29.24-54.14), and rise above 45.36.
If the price stays above the M-Signal indicator on the 1M chart, there is a possibility that it will turn into an uptrend.
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(1D chart)
The key is whether it can rise after receiving support around 27.29-28.64.
However, since the StochRSI indicator has entered the overbought zone, we need to look at where it will receive support when it falls from the overbought zone.
If it falls below 27.29,
1st: 24.8
2nd: 21.39
We need to check whether there is support around the 1st and 2nd above.
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AVAX is just now showing a movement to turn into an uptrend.
Accordingly, the 28.64-31.75 zone can be considered a buy zone.
If you bought in the 28.64-31.75 range, the BW (100) line is the time for a split sell.
If the price rises a little more, the BW (100) line is likely to be created, so the first split trading point may be close.
If the price stays above the BW (100) line or the HA-HIgh indicator, a stepwise uptrend is likely to begin.
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Have a good time.
Thank you.
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- Big picture
A full-scale uptrend is expected to begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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$AVAX Retracing October 12, 2024 1:42 pm ESTAvalanche is retracing back to the Golden Zone (50% to 61%) and we will look for a healthy bounce midweek, most likely this upcoming thursday to look for a long position. If you are going to bet against the market and place a short position keep your stop losses tight.
Come Mid week, get ready for the bounce around an estimated price of 26.71.
Take care and have a great rest of your weekend.
- Rico
SasanSeifi| Are We Headed for $35/$40 !??Hey there, ✌ BINANCE:AVAXUSDT In the daily timeframe, we've witnessed a persistent downward trend for more than four months. Recently, the price corrected and has now entered a phase of positive volatility around the $20 level. After breaking the downtrend line, it successfully reached the critical $30 threshold, indicating significant growth.
At present, after testing the $30 resistance, the price has retraced and is trading around $26. It's vital to maintain support levels between $25 and $20 for a continued upward trajectory.
Looking forward, if we can hold these support zones and the price stabilizes above the 200 EMA and the $30 level, we could target a move towards $35 and potentially reach the $40 order block.
For a better grasp of future price movements, it’s essential to monitor how the price reacts. Should the price fail to hold above these critical support levels and dips below the demand zone, we may see further corrections down to $15, $13.50, and $10.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
AVAX ANALYSIS🔮 #AVAX Analysis
💲💲 As we can see that there is a formation of small descending channel in #AVAX. We would see few more bearish move and then a pullback.
💸Current Price -- $25.53
📈Target Price -- $29.00
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#AVAX #Cryptocurrency #Breakout #DYOR
#AVAX/USDT#AVAX
The price is moving in an ascending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the ascending channel and we are now touching this support
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 26.50
First target 27.81
Second target 29.03
Third target 30.46
Long AVAXTraders,
Though the indicator is weak having not received full confirmation at the time of this post, I have chosen to go long AVAX once again. AVAX is one of my favorite alts and from the chart we can see that we have several good support underneath us.
First, there is that ascending trendline. Secondly, we have that VRVP PoC. And the third indicator is not seen on this chart. We have many coins flipping green today. Visit my weekly update for more on what I am seeing on a macro scale. I posted this update yesterday.
Again traders, keep in mind I am earlier in entry than I normally feel comfortable with on this trade. I really would like to see a strong cross of the MA on the RSI chart. Thus, entry risk is a bit higher. Trade accordingly.
Avax retest before uptrend Avax would be good to see around buy line soon BINANCE:AVAXUSDT
Possible Targets and explanation idea
➡️ D tf. Would be good to see retest my Take Profit indicator buy line (same level Weekly buy line)
➡️Need to see money inflow based on Money power indicator.
➡️Trade on last time on D signal to buy we saw in august after that only close recommendation longs. So its will be okay to see retest buy line
➡️Take profit line marked on a chart
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
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Crypto in October is "UPTOBER" by OfficialPapaRicoThere was an imbalance on the 4-hour chart that also bounced right off the 61% level. This is a long-term trade and will hopefully break new highs within the next 6 months to 4 years.
This is not financial advice but I would highly invest in buying crypto and storing it in a cold wallet. CryptoBubbles.net is also a great platform to see the top 1000 coins to invest in. This is a great time to invest in at least 10 different coins.
Good luck guys and see you next year in 2025
- OfficialPapaRico
- October 6, 2024