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AVAXUSDTPERP

The key is whether it can rise after forming a short-term bottom Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (AVAXUSDT.P 1D chart) An arrow appears for the BW (0) indicator. Accordingly, it can be interpreted that the possibility of forming a bottom section has increased. Looking at the previous past movements, we can see that there is a possibility of an additional downtrend. Therefore, the key point is whether there is support around 19.527-21.409. When the BW (0) line is formed, the point to watch is whether it can receive support around that area and rise above 27287-29.277. If you look at the big picture, you can see how important the current section is. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture The real uptrend is expected to start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
$AVAXUSDT: Bullish Breakout Ahead!CRYPTOCAP:AVAX has broken out of a long-term downtrend channel and is now forming a symmetrical triangle. With exciting news like the Avalanche CRYPTOCAP:AVAX Visa Card launch for crypto payments, we’re expecting a breakout from this triangle that could lead to a significant upward move. Overall, the outlook is bullish—let's see where it goes! BINANCE:AVAXUSDT Currently trading at $27.6 Buy level: Above $27.5 Stop loss: Below $23.5 TP1: $30 TP2: $35 TP3: $40 TP4: $50 TP5: $65 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
AVAX scalp in H1📊 Analysis by AhmadArz: 🔍 Entry: Wait for a bullish confirmation around $26.80. 🛑 Stop Loss: Below $26.45. 🎯 Take Profit: - TP1: $27.46 (Close 50% position) - TP2: $28 - TP2: $28.88 - Re-entry: Consider around $25.00 for another position. --- 🔗 "Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡 Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀 Please boost and 💬 comment to share your thoughts with us!
Long
by ahmadarz
2
AVAX : Potential Reversal in MACRO TFA downtrend, or bearish trend is characterized by a few things including making lower lows and lower highs. This is evidently seen when pulling up the macro timeframe and applying trendlines towards major bounce zones or wicks. Similarly, an uptrend is characterized by the price making higher lows, and higher highs. Currently, we are only seeing ONE of these conditions met - the higher lows. This does not mean the price cannot retrace towards the trendline. However, as soon as the trendline is lost, the higher lows is invalidated and the price remains BEARISH. A fall UNDER the trendline would likely lead to a revisit of a wick at $17. While you're here👀 Make sure you check out yesterday's post on 3 Alt that are bearish right now: ___________________________________ BINANCE:AVAXUSDT.P
by CryptoCheck-
1
Adapting for the Perfect Short Setup on CRYPTO30As CRYPTO30 consolidates, we’re nearing a potential short setup that echoes the ideal conditions from late August. Here's how I plan to approach this trade, focusing on volatility and Bollinger Band dynamics. Why the CRYPTO30 Index? The CRYPTO30 Index aggregates the price movements of the top 30 cryptocurrencies by market cap, providing a broad view of the overall crypto market. Using this index helps gauge general sentiment, as it reflects how the majority of leading cryptos are moving in tandem. By focusing on CRYPTO30, I can analyze the market's collective behavior, which often leads individual coins. This makes it a valuable tool for timing short positions, as large-scale sentiment changes are easier to spot in an index than in single assets. Previous Setup: The Perfect Short on August 25 On August 25, we encountered an ideal shorting opportunity as price and volatility reached overbought levels. The key signal was when the ATR% closed back inside the 2 standard deviation Bollinger Band, indicating volatility was contracting. This provided a low-risk, high-reward setup, as the market was primed for a pullback. Trade Exit Strategy For that August 25 trade, my exit criteria were straightforward: -20% Profit Target, or -ATR% closes back outside the 2 standard deviation high volatility (red) zone. This allowed me to maximize potential gains while protecting against expanding volatility, which could lead to an adverse market move. Current Market Outlook Now, volatility is compressing again, as indicated by the declining ATR%. My primary setup is waiting for the ATR% to close back inside the 2-stdev Bollinger Band. This would be the ideal short entry, as it signals overbought conditions with volatility contracting, similar to August 25. Adapted Short Entry Strategy However, if the market doesn’t give me that perfect entry and instead begins to reject from current levels, I’ll adapt. In this case, I’ll enter a short if the price closes inside the red Bollinger Band channel (2-3 standard deviations), signaling a potential overbought reversal. Adapted Exit Strategy For this adapted scenario, my exit strategy will also change. -I will exit the trade if: The price closes outside the red Bollinger Band channel before moving 2 standard deviations after entering it. This exit minimizes risk in case of a false breakout or quick market reversal. Indicators to Watch ATR Percentage & Bollinger Bands: I use an indicator that combines both ATR% and Bollinger Bands. I’m watching for ATR% to drop inside the 2-stdev band or for price rejection inside the red channel. Z-Score & Z-Score of RSI: These indicators help confirm overbought/oversold conditions, adding further confirmation to my short setup. Trading Plan Primary Short Entry (Ideal Setup): I’ll enter a short when the ATR% closes back inside the 2-stdev Bollinger Band, mimicking the August 25 trade for optimal risk-reward. Adapted Short Entry: If the market doesn’t provide the ideal setup, I’ll adapt and enter when the price closes inside the red Bollinger Band channel (2-3 standard deviations), indicating potential overbought conditions. Trade Exit Strategy -20% Profit Target: I’ll exit the trade at a 20% profit. -ATR% Breakout: Alternatively, if the ATR% closes outside the 2-stdev high volatility zone, I’ll exit to manage risk. -Adapted Scenario Exit: If the price closes outside the red Bollinger Band channel before moving 2 standard deviations after entry, I’ll exit to minimize risk from a false breakout. Risk Management -Stop Loss: My stop will be placed just above the Bollinger Band or near the entry point, depending on the setup, ensuring minimal risk. -Profit Target: I’ll aim for a mean reversion toward the middle Bollinger Band or secure profits at the 20% level. This strategy hinges on volatility compression and overbought conditions. My ideal short entry remains when ATR% closes back inside the 2-stdev Bollinger Band, but I’m ready to adapt and enter if the price closes inside the red Bollinger Band channel. I’ll manage exits based on either hitting a 20% profit, ATR% expanding, or the price closing outside the red Bollinger Band before moving 2 standard deviations. Why Trade High-Beta Coins on Bybit? When trading derivatives, high-beta coins (beta > 1.5) offer significant opportunities due to their higher volatility relative to the broader market. Beta is a measure of an asset's sensitivity to market movements. Coins with a beta above 1.5 tend to move more aggressively than the overall market, which can work in favor of a trader looking to capitalize on price fluctuations. For example: ARBUSDT , AVAXUSDT , FILUSDT , NEARUSDT , SOLUSDT , and TONUSDT are all coins with high beta values. Advantages of Trading High-Beta Coins Increased Volatility: High-beta coins tend to experience larger price swings compared to the market average. For derivative traders, this increased volatility translates into more profit opportunities when positioned correctly. Amplified Returns: When the market trends strongly, these coins will usually move with a higher magnitude, meaning the potential for gains is larger than with low-beta assets. Directional Bets: If you have a strong conviction on market direction (bullish or bearish), high-beta coins allow for bigger moves, enhancing profitability in derivative trades like futures or perpetual contracts. Hedge Opportunities: Traders can also use high-beta assets to hedge more stable positions or portfolios, as their exaggerated movements can offset losses elsewhere.
PEPPERSTONE:CRYPTO30Short
by LordGiorgioCapital
AVAXUSDT: Is a Major Reversal in Sight?Yello Paradisers! Are we on the verge of a significant breakout, or could a sharp reversal be just around the corner? Let’s dive into the #AVAXUSDT analysis. 💎#AVAXUSDT has been riding an uptrend over the past few days, finding solid footing on an ascending support line. This support has been tested multiple times, and each time, AVAX has rebounded, signaling strong buyer interest. Most recently, the pair dipped and tapped into this crucial ascending support, which also coincides with a previous resistance level that has now flipped to support. 💎Currently, there’s a high probability that AVAX could continue its upward movement, but the road ahead isn't without obstacles. The pair will soon face resistance levels that could challenge this uptrend. 💎However, if the ascending support fails to hold, the next key level to watch is the 0.618-0.66 Fibonacci retracement zone, which falls between $21.44 and $20.94. This area could act as a strong support, potentially propelling AVAX toward the minor resistance at $24.71. Beyond this, significant resistance levels are spotted at $27.22 and $30.22, provided the volume remains strong. 💎Keep in mind, our bullish outlook will be invalidated if we see a candle close below the $19.74 support zone. In that case, we could be looking at a more prolonged downturn. Stay vigilant and trade smart Paradisers! Consistency and discipline are your best tools in navigating these volatile markets. Strive for consistency Paradisers, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
AVAXUSDT: Are We on the Verge of a Major Breakout or Breakdown?Yello, Paradisers! The #AVAXUSDT pair has been setting up an intriguing pattern that demands your attention. But the real question is: Will it explode higher, or are we in for a sharp decline? Let’s dive into the details. 💎#AVAXUSDT has been forming an ascending triangle, a classic bullish pattern, with multiple taps on both the support and resistance levels. This suggests that a breakout could be on the horizon, but it’s not all clear skies. 💎The pair has been respecting its weekly demand zone, with a strong buying interest around the $20.90 level. This level has been a key area of support, and as long as the price stays above this zone, the bulls are in control. 💎The ascending triangle's support aligns with this demand zone, increasing the probability of a bounce if the price revisits this level. 💎Below the $20.90 zone, there’s a strong support at $16.18. If the ascending triangle’s support fails, the price could quickly drop to this level. 💎On the upside, AVAXUSDT faces minor resistance at $24.21. If bulls can push through this level, the next major resistance zone lies between $26.69 and $28.64. 💎However, a critical point to watch is the $16.18 support. A candle close below this level would invalidate the bullish trend and could signal a much deeper correction. So, what's next? If the bulls maintain their grip on the market, we could see AVAXUSDT challenge higher levels. But stay cautious—any sign of weakness could lead to a sharp pullback. Remember, Paradisers, in these volatile times, discipline and patience are your best allies. The market can be unpredictable, but by sticking to your strategy and managing your risks, you’ll stay ahead of the curve. Keep a close eye on these key levels and trade smart! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
1
High risk tradeThis is a 4-hour chart analysis of the AVAX/USDT pair, highlighting key support and resistance levels. The market has experienced several fake breaks near the upper resistance. The area between $24.70 and $25.40 serves as a strong support zone, and a potential entry point for a buy position. Trade Breakdown: - Buy Entry 🟢: Support zone at $24.70 - $25.40 - Target 🎯: Resistance area at $32.55 - Stop Loss (SL) 🚫: - High Risk SL: Below $24.70 - Best SL: Below $22.00 This analysis suggests that traders could consider entering a long position around the support zone while setting appropriate stop-loss levels to manage risk.
Long
by ahmadarz
2
Avalanche AVAX price is on the verge of a strong movementThe trading volume of #AVAXUSDT has firmly established itself in the top 10. So is Avalanche token being actively sold or bought now? We will have all the answers soon, but for now, here are two scenarios for the CRYPTOCAP:AVAX price movement: 🔴 red - $35 - $45 - ($18.7-23.7) 🔵 blue - $32 - $55 - $43 - $110 So which pill 💊 will you choose 🔴🤷🔵 ? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
6
#AVAX/USDT#AVAX The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside. We have a bounce from a major support area in green at 24.00 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward. Entry price is 27.00 The first target is 30.35 Second goal 32.33 Third goal 34.71
Long
by CryptoAnalystSignal
Avalanche (AVAX) Rises: Can It Break Thru $30?Avalanche (AVAX), a prominent smart contracts platform, is currently experiencing a surge in price. As of July 1, 2024, AVAX is trading confidently above the $28.65 resistance level, hinting at a potential breakout. This article delves into the recent AVAX price rally, explores the technical analysis behind it, and examines whether AVAX can conquer the critical $30 resistance zone. A Bullish Breeze for AVAX The ongoing AVAX price rally offers a sigh of relief for investors after a period of price stability. The current movement signifies positive momentum, with AVAX climbing steadily from its $27.40 support level. This upward trend is further bolstered by the fact that AVAX is currently trading above both the $28.65 resistance level and the 100-hourly simple moving average (SMA). Technical Indicators Paint a Breakout Picture Technical analysis is a valuable tool for understanding price movements and predicting future trends. In the case of AVAX, a crucial technical indicator is the recent break above the declining channel with resistance at $28.40 on the hourly chart. This breakout suggests a shift in momentum, potentially paving the way for a further price increase. The $30 Hurdle: A Crucial Test While the current trend is undoubtedly positive, a significant hurdle awaits AVAX at the $30 resistance zone. A decisive break above $30 would be a strong bullish signal, indicating continued upward momentum. If achieved, this breakout could lead to further price appreciation, with potential targets around $32.50 or even $34.00. Support Levels: A Safety Net It's crucial to remember that the cryptocurrency market is inherently volatile. Even in a bullish scenario, there's always the possibility of price corrections. For AVAX, the $29.35 and $28.65 levels act as critical support zones. If the price fails to surpass $30, these support levels can prevent a significant decline. Additionally, the 50% Fibonacci retracement level of the upward move from $27.37 to $29.95 provides another layer of support around $28.65. A drop below $28.65 could lead to a slide towards the $28.00 level and the 100 SMA (4 hours). The $27.40 zone would be the next important support to watch in case of a deeper correction. MACD and RSI: Bullish Whispers Beyond price action, other technical indicators offer valuable insights. The Moving Average Convergence Divergence (MACD) indicator for AVAX/USD is currently climbing in positive territory. This suggests increasing bullish momentum. Additionally, the Hourly Relative Strength Index (RSI) is hovering above 50, indicating that the market is neither overbought nor oversold. This neutral RSI reading implies that there's still room for the price to rise before a potential correction. Looking Ahead: A Promising Future for AVAX The current price rally for AVAX is a positive development, with technical indicators suggesting a potential breakout above the $30 resistance level. If achieved, this breakout could lead to further gains. However, investors should exercise caution and be aware of the crucial support zones at $29.35 and $28.65. Monitoring the MACD and RSI indicators can also provide valuable insights into the ongoing price trend. Overall, the outlook for AVAX appears promising, and a break above $30 would be a significant bullish signal for the cryptocurrency. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions.
Long
by bryandowningqln
📊#AVAX reaches daily level buy zone✔️🧠From a structural point of view, it belongs to a bullish trend! We have made daily corrections based on the double top structure, and all the ideal goals of this bearish structure have been achieved, so there is an expectation of a rebound. ➡️From the perspective of wave theory, wave 5 has ended, so our first target of the rebound can look forward to breaking through wave 4. Don’t forget risk management💯 ✔️Trade safe✔️ 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888