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Avaxusdtlong

AVAX/USDT 1DAY UPDATE BY @CRYPTOSANDERS !!Welcome to this quick AVAX/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for Analysis:-Avalanche (AVAX) was a notable gainer on Tuesday, as prices surged following the release of U.S. inflation figures. November’s consumer price index (CPI) came in at 7.1%, which was lower than the 7.3% traders were expecting. As a result, AVAX/USD rallied to an intraday high of $14.09, which saw prices up by nearly 10%. Today’s rise saw the avalanche hit its strongest point since December 5, which was the last time the token was trading above its ceiling at $13.75. The 14-day relative strength index (RSI) also rose, breaking out of a resistance point of 51.50 in the process. Gains in AVAX have eased from earlier highs, and as of writing the token is trading at $13.94. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Hit the like button if you like it and share your charts in the comments section. Thank you...
BINANCE:AVAXUSD
by CryptoSanders9563
2
AVAXUSD -possible longHello fellow traders, Referring to the chart above, price has close above the downward trendline suggesting that price might rally to the supply zone (drawn on the chart). If price does close above this zone, there's a possible chance that price might start to rally to the next zone. however, if price does close below the weekly supply zone , there's a possible chance that price might retrace back to the weekly demand zone. note: This is just our thoughts and opinion based on technical analysis that we see. This article is not a trading or financial advised. Kindly do your own research and risk what you can afford. blessed trading everyone. Cheers.
BINANCE:AVAXUSDLong
by movingwfx
AVAX/USDT - “I” ALIGN WITH “ME” @110.542 KUCOIN:AVAXUSDT Expansion out of a contacted price zone (33.601) - Accumulation began mid May for this Wycoff natured daily expansion phase reversal. BUY POSITIONS - P1: 13.045 P2: 17.961 P3: 24.656 P4: 30.783 P5: 33.601 TAKE PROFITS - TP1: 24.656 TP2: 30.783 TP3: 33.601 TP4: 69.572 TP5: 110.542 I regret to inform you that stop losses are a myth and do just as they say, incur loss. If your feeling emotional just place a stop at break even although proper risk management with leverage and or your margin being managed intelligently will make this an extremely pleasurable trade. This one was a tricky one because during the liquidation phase and liquidity fills AVAX was pushed into contraction at (30.783) again causing mainly retail to sell more AVAX and further liquidations although institutions and whales were thinking the opposite and still taking profits, as well as accumulating inventory for the upcoming trend pointed out on the chart above. The next at (24.656) where new buys were placed by mainly retail traders because at this point the asset becomes somewhat feminine in its nature and structure after masculine impulsive sell moves cease abruptly. This slower vibrational activity drainage begins when volumes dither and confusion and panic sets in. Do not be fooled though remember it is a paradox and one of degree: Higher resolution (time-frame) expansions (corrections) can be traded by experienced and skilful investors who understand how the market really moves and in fact 90% of traders will be in this phase on lower time frames 90% of the time within around 90 days you’d have been through a cat 12 typhoon, capsized and all your collateral lost at sea while “Pirates escape in a spaceship with your inventory!…” Further buys were then placed at 17.196 after yet further but not yet finalised liquidation bear phases. Prices then returned into the zone created by the three aforementioned contractions bracketed and explained above in attempts to settle AVAX’s value. This was confirmation that 24.656 is the AVAX equilibrium with 13.045 looking very much like a final liquidation zone as the liquidity here is needed for the imminent trend. The panic and volatility that can be seen in these price fluctuations during expansions is scary and will ruin you if you get caught in a higher time expansion on a lower time frame with no understanding! Understand first or eat bread and drink water. Have interest, this creates a cycle of attention-interest, more attention meaning more interest and will grow into a concentration and further to a focus and on to higher mind vibrations of concentration and focus that bring understanding and knowledge from the ether. Give your newly obtained knowledge to action and receive yet more knowledge which you now begin the process of having interest in that new knowledge and the cycle continues. This is how brain market structure works lol… Read this over and make AVAX your ticket to higher dimension and degrees of reality and use your winnings selflessly, intelligently and only for the good of humanity. Any monies made from this idea that are used negatively will reverse manifest and become yet again unseen. You were warned. TRADEGOD
Long
by TradeGod_1111