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Avaxusdtlong

Bullish structureHi traders, AVAX is on its support level. For last few days, It has had bullish market structure even though BTC has made unstable moves. The price got rejected by MA-200 in 4-hour frame. And It made new higher high, which indicates a new uptrend. After vertical line, there is a increase in volume. It is also another hint of new trend. Finally, there is a range as you might see from the chart. Based on the Volume Profile, there is a huge volume concentrated in that range. And the price broke out this range with huge green volume columns. All of those makes me believe that this might be the beginning of new uptrend. Apart from those technical hints, Avax may get hyped because of the NFT trend in the market. AVAX is one of the similar projects to ETH and SOL. Hence, we have observed the trend of those coins. They were highly bullish. In conclusion, I am gonna take two positions. One for spot, and one for swing tradng. Stop Loss level is indicated for swing trading. I am gonna HODL it for spot until the uptrend is broken. For swing trading, I will probably sell around 59. Stay safe traders.
FTX:AVAXPERPLong
by bahadirkisbet
AVAX confirms bullish breakout on the dailyThe Avalanche ecosystem is growing rapidly since they announced the 180m DeFi incentives program in August. The volume following that announcement can be seen on this chart and was nothing short of incredible. After consolidating down into the "Pump Chaser Zone", forming a bull flag Price has broken out from the upper trendline and closed a bullish daily candle forming it's first higher high since peaking on August 25th. There was a large unlock of vested AVAX last Saturday that increased the circulating supply by 25%. The chart suggests that most of the "sellers' in that tranche have now exited (likely panic selling during the market wide sell-off on Tuesday) The probability of AVAX breaking out into price discovery in the near future is very high. The current market cap is $11 Billion Hunting for higher lows to increase exposure. Targeting the 1.618 Fib extension around $89 for first TP. Given the volume flowing in, there is a good chance we'll see 3-digit AVAX sometime in Q4
Long
by Randomtask555
1
A Case for Avalanche RushIdea pretty simple. I personally entered at the bullish T-K cross at about 33k sats. Held my position so far since fundamentals on this project are strong. Looking for trend continuation as projects on avalanche rush get launched over this month. Their roadmap says they are also working on some exchange listings that will provide the extra volume needed to reach the target. Target obtained through a fractal analysis. Coincidentally its at the 2.618 fib level. I will be cautious at the 1.618 level though. Price discovery can be tricky.
Long
by brotoshee
A possible Reverse Head and ShouldersHi traders, As you can see from the chart, the price may form a reverse head and shoulders. In that case, I specified the places where I take a position. My stop level is around 2.57%. This may change depending on your risk level. I am bullish for AVAX. It is because the volume has been increasing lately where you can observe in daily frame. Even though it does not form a reverse head and shoulders, I strongly believe that it will go up dramatically because of the NFT hype. Stay safe.
FTX:AVAXPERPLong
by bahadirkisbet
💡Don't miss the great buy opportunity in AVAXUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (42.55). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AVAXUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 61. Take Profits: TP1= @ 46.68 TP2= @ 52.28 TP3= @ 58.97 TP4= @ 68.43 TP5= @ 80.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
6
💡Don't miss the great buy opportunity in AVAXUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (42.55). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AVAXUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 61. Take Profits: TP1= @ 46.68 TP2= @ 52.28 TP3= @ 58.97 TP4= @ 68.43 TP5= @ 80.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
AVAX why i suggested long entries from support hi, In graph you can see there was a power structure from 0-A as soon as it hitted the resistance seller pressure come in and come back strong and as soon as power structure hitted the support there was always a scenrio buyer pressure will came in it will be rejected and then there will be an opportunity to buy , if we see higher low higher lows higher lows then there is always a chance than it will goes down because at every higher low there is a selling pressure and eventually it will goes down or it is forming a higher high higher high it means at each high there is buying pressure so it will eventually go to hight there is strong probability of that . But when you see a strong structure up then 90% chance is there that is will be rejected from a strong resistance there will come a strong selling pressure and will goes down and same in the case of power structure down as in this case it hitted the support and goes up so if you buy it with me as I did in this then enjoy the profits comments below your thoughts check my previous analysis and decide yourself how they goes
Long
by ProfessorMH
AVAX the next big thing ? touches all time high ? what next ?Hi, I have seen a lot of you was asking about the AVAX avalanche you can say, It surprises everyone with a growth of 400-500% in a month. As it touches ATH and gaining the attention of masses and have a probability of going to 150+ in coming months, because of strong volume and protocols So if you get a chance which will you get eventually buy it around 38-40 and hold it until it gets around 100+ which give you 100X profit and it shows his potential during last month, if it goes down buy it around 30 as well and hold it, it will be best scenario if it goes to around 30 but first, you have to see the bull reactions at 38-40 range and volume indication will clear the directions but you to buy in part at every situation If it goes to my level I will definitely buy it
Long
by ProfessorMH
5