AVAXUSDT
AVAXUSDT 4H Timeframe AVAXUSDT in 4H timeframe took support from the trendline below. Now price is at yellow rectangle. Can act as support and resistance. If price breaks the resistance and comes back for retest that will be a good buying opportunity. And from here if we see a bearish reversal candle price will go down. Two yellow lines above and below will be take profits. Not a financial advise. Do your own research. #DYOR
Avalanche Bottomed Out (222% Potential Profits)Bottomed out pairs are the best...
Once we reach bottom, the only place left to go is UP!
AVAXUSDT (Avalanche) hit a low on the week of 13-June and is now starting to recovery.
The give away on this chart is the trading volume.
Notice the huge increase in trading volume after May 2022.
And after June, we start to see some green too.
What comes next is 222%.
Namaste.
AVAX - Ready for Triangle Breakout!!AVAXUSDT(4h Chart) Technical analysis
AVAXUSDT(4h Chart) Currently trading at $19.75
Buy level: Buy after Breakout
Stop loss: Below $16.50
Target 1: $22
Target 2: $26
Target 3: $29
Target 4: $33
Target 5: $50
Max Leverage 3x
Always keep Stop loss
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MATICUSDT 6H TA: Next Move Due to his powerful move, matic has been able to break the resistance and if successful pullback can pump again. Otherwise, with the loss of support and the process of the trend, the probability of reform will increase.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Avalanche (AVAX) - July 13Hello?
Traders, welcome.
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(AVAXUSDT 1W Chart)
The key is to find support above 13.47 and move above 23.96.
From a mid- to long-term perspective, it needs to rise above 32.23 to continue the uptrend.
(1D chart)
Primary resistance: 23.96
Secondary resistance: 32.23
Support: 13.47-16.55
If it finds support near 16.55, it is expected to move higher.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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AVAX - Marvelous short is incomingWe can't take this short right now since approach of the trendline was too fast. It's better to wait for pullback and be ready to take short in a couple days when we see more accumulation.
Ideally we won't to see false breakout of the top trendline so there will be a lot of trapped bulls
Reasons to take short in a couple days:
⭐️ BTC in bearish trend
⭐️ Trendline is 26 days long
⭐️ Trendline is clean
⭐️ Slowly squeezing to the trendline
⭐️ 4th touch
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
15% Short Trade Set Up!Since support failed we can see a back-test of the S/R line happened and it is now looking like a short position will be best in the short term. Stop above the S/R line. Targeting $17 then $16.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
Avalanche Starts To Move (160% Trade Signal Inside)Yesterday we shared the numbers for AVAXUSDT (Avalanche), let's look at some of the signals today.
We can notice first a strong divergence with the RSI.
AVAXUSDT hit a low 12-May followed by a lower low 19-June.
The RSI instead bottomed 12-May and was followed by a higher low, diverging from the trading pair.
We can see a bullish cross between EMA10 and EMA21.
Trading volume has been increasing lately, near support, which signals buying activity.
Hold on... Here is the trade signal...
Avalanche Trade Signal (160%+ Potential Target)
Thank you for reading my friend.
I am really wishing you tons of success.
Namaste.
#Avax / #USDT : Analysishello? Traders, welcome.
Notes related to this analysis :
- In this chart, the price is in the supply Zone
-The strength of the upward trend has weakened
-There is also a negative divergence in the Macdi histogram
- About that detrend line :
If we consider the red trend line for trading
The trendline is broken and its pullback is done and we can enter the trade
But if we consider the blue trendline, you should wait until it breaks and then enter the trade
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+ If you have an opinion, I will be happy to share it with me in the comments
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+ If you "follow", you can always get new information quickly. Please also click "Like".
Have a nice day
avax/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
The bottom for this coin is in. Wave (2) was around $8. We bottomed out here around $13. Well technically we can still go down to $9 and that would be the bottom, but that is cutting it real close. Going near there or if we go lower, this chart is invalid and the wave counts are off.