AVAXUSDTPERP
Avalanche Crash to $35-40 inevitable?Ignore the scale, as I simply dragged the respective price trends of Bitcoin and Avalanche into an empty field of the chart for a better visual representation.
For Bitcoin, this is the distribution pattern from February to mid-May this year. To the right of that, we see the price history of the AVAX token from September to today. The Bitcoin price trend here only serves to illustrate the consequence of a collapsing uptrend.
As can be clearly seen, the strength of the uptrend is steadily decreasing over time. This can be seen from the fact that the intervals between the new high and the previous high are getting smaller and smaller.
This can be explained by the fact that it is becoming increasingly difficult to find enough new aggressive buyers who can maintain the previous pace of the uptrend.
The upward movement is about to collapse. The latest warning signal of this is in a lower high, after an already noticeably sharp countermovement formed in the wake of the previous high. This movement is also known as the Dead Cat Bounce.
Should Avalanche see a relatively similar correction to the one seen in Bitcoin back in the day, a return to $35-40 would be the favored scenario here.
AVAXUSDT Resistance Breakout!AVAXUSDT (1h Chart) Technical analysis
AVAX/USDT(1h Chart) Currently trading at $3060
Buy level : Above $66.3
Stop loss: Below $60.4
TP1: $69
TP2: $74
TP3: $77
TP4: $82
Max Leverage 3x
Always keep Stop loss
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Avax updateAfter hit first target and creating inverted head and shoulders,
There was a pullback and again bounce back from 66-68 levels
But I think at current cmp (70-72) level it won't go directly to our second target 🎯
I assume a sideways for next few hours, halting near to 72 level it can create a buildup to push the price further towards 82
Is AVAX another SOL in the works? L1 solutions saw crazy gains this week despite the rest of the markets taking a dump. We picked out AVAX as a potential contender to SOL and LUNA and a similar move could happen for this pair.
BULL CASE
It looks ready to move up from here. Our price target for this pair is around the 230 level
BEAR CASE
If price takes farther dump, we see $20 as a strong area of support.
AVAXUSDT (12h Chart) - Flag PatternAVAXUSDT (12h Chart) Technical analysis
AVAX/USDT (12h Chart) Currently trading at $47.60
Buy level : Above $49 (BUY AFTER BREAKOUT)
Stop loss: Below $37
TP1: $59
TP2: $73
TP3: $90
TP4: $109
Max Leverage 2x
Always keep Stop loss
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Strengthening the uptrend #AVAXIt has received its best support and its uptrend will continue after the side interval, to see the new price or target in the next few days.
The most important resistance and the last resistance is the red line ($54.88), the two targets that are expected to reach are the green line.
$AVAXTaking this trade. Already shorted the top and booked. We have got a rebound into resistance again and I feel momentum has slowed. A very tight SL so I think its worth trading. I'm in from $27.35. We have a clear invalidation level (the black dotted line) and SL above that. Scam wicks are possible so don't follow blindly. On a good run for a while but it will come to an end for sure. Hopefully not today!
AVAXUSDT - AVAXBTC - AVAX LONG ENTRY - STL - TP on picture
TP of me . And TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
THIS SHITCOIN BUY 20% $ TOTAL ACCOUNT
I am fomo following the recent pump dump events
AVAXUSDT Has Broken Above the Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, AVAXUSDT on H4 after breaking above the Resistance could go higher
⬆️Buy now or Buy at 12
⭕️SL at 11
✅TP1 @ 14
We will have more FREE forecasts in TradingView soon
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AVAXUSDT Is at Support for a Possible Pullback
Welcome back Traders, Investors, and Community!
Hi Traders, AVAXUSDT on H4 has broken above the major Resistance and now it at Pullback are at the Support. It might go lower until 10.70 but then it’s expected to go higher
⬆️Buy now or Buy at 10.70
⭕️SL @ 9.30
✅TP1 @ 14.00
✅TP2 @ 15.30
✅TP3 @ 20.30
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
AVAXUSDT Might Retest the Support Before it goes to Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, AVAXUSDT on H4 has broken above the Resistance, I think we will have retest or even the price might go lower to around 12.6 before it goes up to the major resistance.
⬆️Buy now or Buy at 12.6
⭕️SL @ 9.1
✅TP1 @ 15.5
✅TP2 @ 19.0
✅TP3 @ 23.6
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day