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AVAXUSDT

AVAX ☀️ 24 Hours (Bullish), 🌧️ Next Week (Bearish)Clouds ☁️, indicating a slightly bearish trend, hover over the global crypto market in the next 24 hours. Some sun ☀️ may shine through over altcoins such as Cardano, Avalanche, and Uniswap, signaling a slightly bullish trend. Over a one-week horizon, the forecast is mixed with a slightly bullish sun ☀️ returning over Bitcoin, Litecoin, and Chainlink. Slightly bearish clouds ☁️ will continue to prevail over Ether, XRP, Binance, and Dogecoin. Bearish rain 🌧️ is likely to fall over Avalanche over this longer time horizon. 📉
by ATTMO
AVAX where to buy for a long-termHi traders, Let's have a look at AVAX. AVAX has been in a long-term downtrend and it still can drop lower. The price seems to be creating some kind of a falling wedge now. Our buy area is shown on the chart and it's between 3 and 5 $. This is when in our opinion it's worth to accumulate AVAX. Targets for the next bull market cycle: 1. 40 $ 2. 52 $ 3. 76 $ 4. 98 $ As we can see from previous market cycle, most Altcoins don't reach their previous ATH therefore we don't believe that AVAX will do so. What's your opinion? Good luck traders!
Long
by vf_investment
4
AVAX- Remains PromisingAmidst Avalanche’s once-promising ascent, most holders now clutch a bearish reality. Over 90% face losses while development thrives and trading volume wanes, painting a complex landscape. Avalanche showed great promise during its initial stages, attracting motivated buyers to purchase and retain it. Nevertheless, recent data revealed that most of these buyers and holders were holding their bags at a loss. As per CoinMarketCap, Avalanche had a circulating supply exceeding 344 million tokens at press time, with a total supply surpassing 400 million tokens. However, insights from Into The Block highlighted that more than 90% AVAX holders were experiencing losses at the time of publication. Specifically, the data pointed out that approximately 99.45% of holders, accounting for around 5.45 million addresses, found themselves out of the money, indicative of holding at a loss. WHY LONG: Despite the downward trend in trading volume, the development activity on the Avalanche network has been consistently robust. This suggested that the platform’s team was actively at work. Loyal Community: And while these holders may have hoped for respite, that has not been the case. To make matters worse, IntoTheBlock data showed that 99.5% of AVAX holders were now holding the token at a loss. The Chart: On support and looking Bullish to me. Long on AVAX again and remember to take profits at 14,5 One Love, The FXPROFESSOR
Long
by FX_Professor
7
AVAX/USDT Best time to buy AVAX for a Long-term ?? Hello Paradisers, here's a gem to monitor closely! 💎 AVAX is consistently revisiting a strong demand zone, marking its fifth attempt. 💎Typically, with repeated tests, demand areas tend to weaken. 💎This suggests AVAX might pierce through this strong demand zone, aiming for fresh daily demand. Once there, expect a significant bounce-back, potentially indicating a liquidity sweep. 💎Additionally, on August 26th, AVAX is set to unlock a whopping 9.54 million tokens. This could exert downward pressure on the price. Stay alert
by MyCryptoParadise_Nathan
AVAX/USDT downward momentum? 👀 Avax Today Analysis It appears to be on the brink of a captivating shift, showing signs of waning momentum and a potential downward trajectory.👀 💎 After its initial touch on the OB, AVAX experienced a robust rejection. However, the subsequent 2nd and 3rd touches seemed less forceful. What's the implication? It suggests a depletion of liquidity, hinting at a possible move to address the Bullish Order Block, leaning towards a downward continuation. 💎 Alternatively, there's a chance that the price might bounce back from the previous order block, setting its course upwards. 💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Short
by MyCryptoParadise_Simon
2
AVAX is Preparing For a Long Bullish Rally 💎 AVAX is charting an optimistic path, securely nestled within a demand zone, and gearing up for an upward surge. 💎 Not long ago, it skillfully interacted with the Order Block, captured liquidity, established equal lows, and ignited a bullish momentum. 💎 At this crossroads, AVAX might either revisit the DZ level or aim higher, starting from the previous OB point. 💎 If AVAX fail to capitalize on its bullish energy from the last engaged OB level, brace for a potential drop of around -12.34%. 💎 In the ever-evolving realm of crypto, being updated and flexible is paramount. Keep a lookout for further insights and relish your trading voyage.
Long
by MyCryptoParadise_Nathan