AVAXUSDTPERP
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.
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AVAXUSDT - Head and Shoulders PatternAVAXUSDT (4h Chart) Technical analysis
AVAXUSDT (4h Chart) Currently trading at $13.1
Buy level: Above $13
Stop loss: Below $11.9
TP1: $13.8
TP2: $15.5
TP3: $17.8
TP4: $20
Max Leverage 3x
Always keep Stop loss
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AVAXUSDT 1D Medium-term trade - our target $30We are already forming a series of ideas on the AVAXUSDT trading pair.
We published the last of them a week ago.
During the week, our assumptions are confirming that the AVAXUSDT trading pair is currently consolidating with a set of long positions. The trading delta shows the superiority of purchases over sales in the period from 06/26 to 07/13
Also, for almost a month, the Avax price has been consolidating above the critical support level above $15.
Such input data for Avalanche token price gives the right to enter a medium-term trade:
Entrance $16.50
Stop $14.54 (-12%)
TP1 (50% position) - $26.74 (+62%)
TP2 (50% position) - $29.94 (+82%)
P/L ratio 7/1
Fixing the AVAXUSD price below 15 dollars paves the way for the price to fall to the region of 12 dollars.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
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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AVAXUSDT 12h A possible AVAX price movement for the coming monthAlmost two months ago, we published a global idea for a trade pair of Avaxusdt
Then the AVAX price was in the middle of the liquidity zone $27-37, from where she headed on the red route and clearly reached the target - $14
I would like to believe that for a few weeks we're looking at how the Avaxusd price is ramming bottom and filling the big long position
The estimated possible movement of the Avaxusdt prices we depicted a blue route.
The first target for a medium-term trade +60% in the area of $29-31
In danger of Long positions will be if the price of Avalanche token will be consolidated below $15, below critical support
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
When AVAX cryptocurrency do it x2 growth ?Today, on the global chart AVAXusdt, consider how this trading pair endured another sharp fall in May.
To begin with, let's take a look at our previous global idea for a pair of AVAXusd, which we did exactly 3 months ago.
At that time, we made an approximation with longs buy zones
As it turned out 3 months later, our most pessimistic $40-45 purchase zone at the top of the red liquidity zone was not the bottom of the decline.
Fall lows are recorded at around $23, at the bottom of liquidity zone, in which a year ago for a long time decided who is stronger: buyers or sellers.
Keeping buyers in the coming days of the AVAX price above the mark of $30 will be a good signal to go to the long.
The purpose of fixing longs in the up liquidity zone is $64-81
If the price of the Avalanche token is fixed below $26 , it will most likely coincide with continue the global decline in the cryptocurrency market. In this situation, it is necessary to place "buckets" for the purchase of AVAXUSDT near 14 dollars.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)