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AVAXUSDTPERP

AVAX LONG Future ForecastHello friends, With Bitcoin breaking its all-time high, we are on the verge of entering a mega bull season. While Bitcoin has led the bull run so far, and although the altcoin market has shown some upward movement, it's premature to say that the altcoins' rally has begun. I believe the real surge for altcoins will start from today onwards. AVAX, which has shown strong performance even during the pre-ATH bull season, I anticipate will continue its performance more efficiently in the coming days. Looking at the situation technically, in the short term, we are within a cup and handle formation, and we have reached our initial target of (50.03$). If we break the target resistance, the RSI on the 4-hour and daily charts will turn into overbought territory from the 70 levels, and according to the formation, our next target will be 59.20$, triggering overbought conditions on the daily chart and initiating a new daily uptrend wave. Easily, we will reach our current resistance levels (79.91$, 99.42$, 127.38$) and then ATH (148$) levels. Stay tuned for more gains, my friends! Wishing you all profitable trades.
Long
by KriptoTraderr
1
Buy Signal for AVAXUSDTAnalysis: RSI Bullish Divergence (Yellow): The Relative Strength Index (RSI) is showing a bullish divergence, indicating potential upward momentum. MACD Bullish Divergence (Light Blue): The Moving Average Convergence Divergence (MACD) is also displaying a bullish divergence, supporting the bullish bias. Price Approaching Point of Control (POC): The price is nearing the Point of Control (POC), suggesting potential support or a reversal point. Volume Profile Analysis: Zones with higher volumes in the volume profile have been identified as TP1, TP2, and TP3. Trade Plan: Entry: Consider entering a long position as the price approaches the POC or at current levels, given the bullish divergences observed in the RSI and MACD. Take Profit: TP1: Set the first take-profit level at the zone of higher volume identified in the volume profile. TP2: Place the second take-profit level at the next zone of higher volume in the volume profile. TP3: Target the third take-profit level at the subsequent zone of higher volume. Stop Loss: Set a stop-loss order below the recent swing low or a suitable support level to manage risk. Risk Management: Ensure proper risk management by allocating an appropriate portion of your capital to this trade and adjusting position size accordingly. Note: Always conduct thorough analysis and consider using additional technical indicators or confirmatory signals before executing any trades. Risk management is crucial to protect your capital in volatile markets.
Long
by ispatialresources
Avax/Usdt Trading Idea 💹AVAX/Usdt is currently showing bullish signs 📈. The market structure has turned into a bullish pattern, and the price is retracing to test a new demand area 🔄. This could signify a potential upward movement. I anticipate a rise in price from this point, potentially ranging between 15-30% 📈🔥. Remember, this analysis is not financial advice ❌📉. Always conduct your own research (DYOR) and make informed decisions. Happy trading! 💪💰📊
Long
by Crypto-By-Ghazi
3
Avax Target - Good short entryAVAX analysis - Elliott Wave Perspective After an impulsive uptrend, Avax seems to be losing momentum and consolidating. Now that it has reached its highest points, it may be time for a wave of downward movement. According to the Elliott Wave perspective, AVAX is currently in the final wave of an impulse wave. This means that we will soon see a correction, but there will still be one last upward move. I am personally taking a short position between $28.00 and $28.50 for the following reasons: - 1 to 1 extension of wave 1 - 1.618 extension (expanded flat) - Bearish divergence (RSI) - Correlation Main count BTCUSD (Related ideas) It is important to note that the Elliott Wave perspective is based on historical price movements and patterns, and future price action can never be predicted with absolute certainty. Markets can be volatile and unpredictable, so it is always wise to trade cautiously and manage your risks. Remember, financial markets are inherently volatile, and investing is always a personal choice. It is crucial to conduct thorough research, carefully assess your risk tolerance, and form your own judgment before making any trading decisions.
Short
by BeCryptosignals
4
AVAX Rockets to New Heights! Get Ready to Ride the Bullish Wave I witnessed Avalanche (AVAX) make a stunning 15% pump, propelling it towards its next resistance level of 0.34. Brace yourself, my friend, because AVAX is about to take off like never before! AVAX has been on a remarkable journey lately, defying expectations and gaining significant momentum. The recent 15% surge has brought it tantalizingly close to breaking through the 0.34 resistance level, marking a potential turning point for this incredible cryptocurrency. This is not just a random spike, but rather a clear indication of the bullish wave that is building up behind AVAX. Now, you might be wondering, "How can I ride this wave and make the most of this opportunity?" Well, my friend, it's time to consider taking a long position on AVAX. By going long, you can potentially capitalize on its upward trajectory and reap the rewards of its anticipated surge. The market sentiment is overwhelmingly positive, and AVAX's technical indicators are aligning perfectly to support this exciting rally. Here's your call-to-action: Don't miss out on this golden opportunity to maximize your gains! Seize the moment and consider opening a long position on AVAX today. Take advantage of the current bullish sentiment and position yourself for potential profits as AVAX confidently smashes through the 0.34 resistance level. Remember, timing is crucial in the crypto market, and AVAX's journey is just getting started. By taking a long position now, you position yourself ahead of the curve, ready to ride the wave as AVAX surges to new heights. So, my friend, buckle up and join the AVAX revolution! Let's ride this bullish wave together and make the most of this exciting opportunity. Your potential for profit awaits! Should you have any questions or need assistance in executing your trade, feel free to reach out by commenting below. I'm here to help you navigate this thrilling journey and ensure you make the most informed decisions. Wishing you an exhilarating and prosperous trading experience!
Long
by bryandowningqln
1