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AVAXUSDT

AVAX: Pullback in UptrendAvalanche (AVAX) technical analysis: Trade setup : Bullish break above $22.00 signals continuation of uptrend with upside potential to $26.00 near-term. Stop loss at $19.50, prior swing low. Previously, price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Subsequently, price spiked as high as $24.70 but failed to hold that as traders began to take profits (selling pressure). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $18.3 (previous resistance), then $16.0. The nearest Resistance Zone is $22.0, then $26.0.
Long
by altFINS
AVAX: Pullback in UptrendAvalanche (AVAX) technical analysis: Trade setup : Price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Subsequently, price spiked as high as $24.70 but failed to hold that as traders began to take profits (selling pressure). Now we wait for price to either 1) break above $22.00 to signal continuation of uptrend, or 2) pull back near $18.30 support for a swing entry in Uptrend with upside potential back to $26.00. Nearest support levels are $18.30 and $16.00, which also lines up with Fibonacci Retracement levels of $18.60 (38.20%) and $16.70 (50%). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). Support and Resistance : Nearest Support Zone is $18.3 (previous resistance), then $16.0. The nearest Resistance Zone is $22.0, then $26.0.
Long
by altFINS
AVAX - PARABOLIC Next Bullrun🐮+400% TPHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 AVAXUSDT is another altcoin currently trading lower than it's first ATH. This is important, because it makes for an excellent low risk and high reward trade. As we see the markets current trading in the accumulation phase where range trading is common, I'm expecting sideways trading between the support zone and the resistance zone. We can then expect the final low volume selloff, as per Wyckoff Method Phases. Interested in another altcoin that's trading under it's first ATH? Check out Litecoin : Remember to hit 👍 and follow if you love money ! _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
34
AVAX ANALYSIS🔮 #AVAX Analysis 🚀🚀 💲💲 #AVAX was trading in a Descending Broadening Wedge Pattern, gives a perfect breakout and trying to retests the levels. If the price of #AVAX closes above $22 then we will see a bullish move and also the price of #BTC must stable. 📈📈 💸Current Price -- $21.16 📈Target Price -- $39.23 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #AVAX #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
AVAX: Pullback in UptrendAvalanche (AVAX) technical analysis: Trade setup : Price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Subsequently, price spiked as high as $24.70 but failed to hold that as traders began to take profits (selling pressure). Now we wait for price to find support for a swing trade entry in Uptrend. How far could it pull back? Nearest support levels are $18.30 and $16.00, which also lines up with Fibonacci Retracement levels of $18.60 (38.20%) and $16.70 (50%). We believe that $16.00-$16.70 looks like a more robust support area. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $18.3 (previous resistance), then $16.0. The nearest Resistance Zone is $22.0, then $26.0.
Long
by altFINS
🔥 AVAX 1H Triangle Formation - Short Then Long🔥 AVAX 1H Triangle Formation - Brief Short Opportunity Followed by a Strong Long Play to $30! 🚀 Hello Traders! Today, I've closely examined the latest developments in AVAX and have identified an exciting opportunity to share with you. 📈 ✨ Brief Short Opportunity: On the 1-hour timeframe, AVAX has formed a classic triangle pattern. This formation often indicates periods of consolidation and uncertainty, usually signaling an impending trend shift. With the breakdown of the triangle's lower boundary, we could see a brief bearish movement. This presents an ideal entry point for a short-term short position. 📉 Entry Point: $22.0 🎯 Target: $18.3 🛑 Stop-Loss: $24.7 ✨ Subsequent Long Opportunity: Following the short position, I anticipate a strong bullish trend in AVAX. Technical indicators and market dynamics are pointing towards a robust long opportunity, potentially reaching at least $30, following a breakout above . 📈 Entry Point: $18.3 🎯 Target: At least $30 🛑 Stop-Loss: $16.5 🔍 Conclusion: This is a structure that offers both a brief bearish trend and a subsequent strong bullish opportunity. Remember, every trading strategy involves risk, and always consider your own risk management.
Short
by MaestroAI
AVAX AVALANCHE EW countAVAX EW COUNT momentum looks weak to me, hasn't made impressive move up (compared to many other alt charts). Technical target according to my count should hit $30.00 - $38.00 area as wave 4 retracement, looking at the current move as a minor degree ABC to start a larger degree ABC. The (B) in question relates to current structure and market condition, it could end lower near the lows (as long it remains above the current low), we can count it as the ABC. The other outlook favoring bullish thesis is the move up from (B) is just wave (i). It will all depend on how the markets play out to end April going into May. We are favoring the bearish sentiment, looking at BTC as possible move up completed but also considering 1 more leg higher left to complete is still possible. For the moment theres no entry or trade setup. If you bought AVAX at the lows, hopefully you secured some profits by now. Will update the counts as candles print. Feel free to share and comment, if you find it helpful please click like to show support. Thank you & Safe Trading, Cheers
by CryptoHolix
Avalanche (AVAX) Potential Next MilestoneThis morning, AVAX reached a new yearly high at $24.05. Over the past month, the asset has soared by 170%, with its price moving from $16 to $24 in just the last three days. The likelihood of further growth for Avalanche remains. Potential next targets for buyers might be the resistance levels at $25 and $26.5. However, this will require solidifying its position above the new yearly high of $24.05. Should a correction occur, the asset could fall to support zones between $20.92 and $22.00, $20.4, and between $17.83 and $18.80. These levels would present favorable buying opportunities on the spot market, especially if the BTC price remains above $35,000. Conversely, a more aggressive correction in BTC could lead to a significantly steeper decline in altcoin prices, potentially erasing many support areas.
Long
by DEXWireNews
AVAX: Resistance BreakoutAvalanche (AVAX) technical analysis: Trade setup : Price broke above 200-day moving average and above $14.00 resistance, which confirmed a bullish trend reversal to an Uptrend. Subsequently, price spiked above $16.00, $18.30 and most recently $22.00 resistance levels. Price is now very overbought (RSI ~ 80!), hence, near-term, we’re likely to see it pause here on some profit taking, before resuming its Uptrend. Upside potential to $26 and $30 thereafter. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance. Support and Resistance : Nearest Support Zone is $16.0 (previous resistance), then $14.0. The nearest Resistance Zone is $18.3, then $22.0 and $26.0.
Long
by altFINS
Brief Analysis——AVAXBTC suddenly pumped during the pullback yesterday, with the price approaching 38000 again. While there is no update on the BTC ETF, our research department noticed an increase in the total number of stablecoins in the market yesterday. FOMO interrupts the pullback. Previously we wrote a brief analysis of SOL and gave a bullish conclusion. SOL was at 30 at that time. It turns out that SOL performed better than most tokens on the market after that. Today we will focus on AVAX. Avalanche, Matic, and Solana have all been cited as Ethereum killers. Even now when L2 is booming, it still occupies a certain market share. In the crypto market, there has sector rotation, and we believe that chain tokens such as AVAX will succeed SOL. After Coinbase announced the launch of the AVAX perpetual, AVAX began to accelerate, with long green candles accompanied by obvious trading volume. AVAX has updated the year's high. The next resistance level will be at 29. Judging from the strength of this week's rise, bulls take control. On the MBF indicator, we can see that from September to October, there was frequent dip buying sentiment on AVAX. The wavy area on the ME indicator has switched from yellow to purple. On the WTA indicator, although destructive candles and the blue column representing whales appeared at the same time (shown as the black dotted line), which was a signal of bullish periodic termination, but AVAX quickly repaired the problem in the following days. At the 4h level we can see it more clearly. We distinguish AVAX's recent rise and fall with two green areas and one red area. Obviously, at the position indicated by the red arrow, the red candle completely covered the previous green candle, the blue whale also disappeared, and the bullish trend was temporarily ended. After a few hours of correction, a second green zone appears, in which the whales are back again. The two green areas are independent of each other and AVAX are now in a healthy state. To sum up, AVAX is currently in a healthy upward process at both the daily and 4h levels. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Long
by Sypool
AVAX ANALYSIS🔮 #AVAX Analysis - Breakout 🚀🚀 💲💲 There is a breakout of falling wedge pattern in #AVAX in weekly time frame. $20-$22 is a crucial resistance level and if #AVAX holds this level then we will see the price range of $30 in next target. 🚀🚀 💸Current Price -- $20 📈Target Price -- $30 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #AVAX #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
🔥AVAX HODLERS IN 90% LOSS! IS THIS A BIG CHANCE FOR WHALES❓The AVAX holders are in a huge loss since highs, so I think the updating the low at $9.3 will be the last stage of final capitulation where we will have the huge opportunity to add this altcoin in our portfolio. Huge gree area should become the resistance, but it will become a huge support after the breakout of the price. This is worth nothing for crypto market to turn $3.5M cap altcoin into $10M cap. 💥 is it worth to add to your watchlist? Yes, definitely. Like♥️ and follow!
by Alex_Dehtiarov
7
AVAX/USDT Perfect Break from the resistance. Need retesting!!💎 AVAX has unquestionably attracted significant market attention. It executed a flawless breakout from the resistance area, characterized by substantial volume and a robust green bullish candle. However, on the daily timeframe, AVAX is yet to undergo the retesting phase at the support level, which previously served as the resistance area. There's a probability scenario where AVAX engages in a retesting phase at the support before resuming its upward trajectory toward the formidable supply area, representing our target zone. 💎 Yet, there's a possibility that AVAX might skip the support retesting phase at $15.70 and directly ascend to the potent supply area, encountering a formidable bearish rejection that triggers a downward movement towards the support level. 💎 In the event that AVAX eventually reaches the support level and undergoes a breakdown, there remains a chance for a reversal. A successful bounce from the demand area at $12.30 could pave the way for AVAX to reclaim the support level at $15.70. 💎 The unfavorable scenario unfolds if, during the retesting at the demand, AVAX struggles to sustain its position and breaches the demand area. In such a scenario, AVAX would revert to a bearish movement, potentially retracing to the key demand area.
by MyCryptoParadise
5