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AVAX / Bitcoin

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AVAXBTC trade ideas

Falling wedgeThis goes with my AVAX bottom idea. With AVAX/BTC i see a falling wedge as well, but a nice cup and handle. If AVAX/BTC can breakout of the wedge (red line example) it may get rejected on the daily 200 EMA, and then pull back. My other idea is price just pulls back now as the daily stochastic RSI is overbought and hitting resistance on the wedge top. If AVAX/BTC does end up making a rounded bottom, it could form an Adam & Eve bottom, which would also be the cup and handle.
Long
by davidmarcus1324
Avalanche (AVAX) / BTC - Bullish divergenceFollowing a 60% correction and oversold condition (orange column) the above 1-day chart is showing a reversal in price action is probable. Regular bullish divergence between price action and the oscillators together with increasing volume (It is there just not visible on this scale!) and Stochastic RSI crossing up is a very bullish signal. Can price action fall further? Sure. Is it probable? Unlikely. One noteworthy observation are the resistance levels on the way back up, there are not many, so it should be exciting to see where this goes.
Long
by without_worries
1
Avalanche vs Bitcoin Goes Bullish (90% -165%+ Potential Profits)Avalanche is bullish on both pairings we track, AVAXUSDT and AVAXBTC. You can find the full trade signal for AVAXUSDT below: Avalanche Trade Signal (160%+ Potential Target) AVAXBTC Chart Signals - Bottom pattern. - Trading above EMA21. - Bullish RSI. - Bitcoin stable above 20K. - Altcoins market going bullish. These are just a few signals supporting higher prices for this and other cryptocurrency trading pairs. The targets are clearly marked on the chart. Thank you for reading. Namaste.
Long
by MasterAnanda
1
Triangles, triangles and more trianglesOne of the best trading pattern, that you'll find in every market, are triangles. They are amazing because of a few key benefits: Very easy to spot. Clear way to measure them. They are continuation patterns, so you're not fighting against a trend. They are easy to indicate brakes or fakeouts. This is a great article about them: www.investopedia.com Looking at AVAX/BTC we have a beautiful and clear triangle (it can be seeing as a bullish wedge also) that is breaking up the downtrend and giving us the best confirmation we can see: RETEST. This can mean many things, the altcoin season may be coming soon, confirmation of AVAX strength over BTC and other coins, demostrating the good development of the AVAX network as fundamentals. But we should always have a target in mind. So, if the retest is validated and we find support in the MA 50 weekly and the bullmarket band we will be targeting the ATH for AVAX and from there confirming the altseason or just a quick movement against BTC. Remember that for this to happen BTC has to be bullish as, usually, when BTC moves up some altcoins explode.
Long
by CriptoJoe
3
Update on AVAXPrice action on AVAX-BTC has been moving as expected (see related idea). Price needs to either hold here at the 50 EMA, or find support at the Channel Support line. I'm not seeing any particular weakness in the trend, so I'm considering a small long in this price range. I'm waiting for bullish divergence or seller exhaustion on the 4-hour chart to enter. ---------------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following . Thanks!
Long
by mercury_rising
$AVAX/BTC 4h (Binance Spot) Bull flag on supportAvalanche is accumulating and looking ready for bullish continuation after bouncing back on 200MA. Current Price= 0.0017913 Buy Entry= 0.0017917 - 0.0016917 Take Profit= 0.0021484 | 0.0025481 | 0.0030662 Stop Loss= 0.0014697 Risk/Reward= 1:1.5 | 1:2.96 | 1:4.87 Expected Profit= +23.35% | +46.30% | +76.05% Possible Loss= -23.12% Fib. Retracement= 0.618 | 1 | 1.414 Margin Leverage= 1x Estimated Gain-time= 4 weeks Websites: www.avax.network www.avalabs.org Contracts: #Mainnet #BEP20 0x1ce0c2827e2ef14d5c4f29a091d735a204794041 #AVAXC FvwEAhmxKfeiG8SnEvq42hc6whRyY3EFYAvebMqDNDGCgxN5Z
Long
by TradingOn
$AVAX AVAX/BTC I have shared my AVAXUSDT expectations before and the price continues exactly as I expected. When we look at the BTC parity, possible Cup and Handle Pattern targets are written in dollars on the chart and supports my expectations on AVAX/USDT. I will carry my long position to the targets, which I entered from $100 ish band. Good luck to everyone in their trades. AVAXUSDT beklentilerimi daha önce paylaşmıştım ve fiyat tam da beklediğim şekilde devam ediyor. BTC paritesinde baktığımızda oluşması ihtimal Çanak Kulp Formasyonu hedefleri grafikte dolar cinsinden yazılı ve AVAX/USDT grafiğindeki beklentilerimle destekler şekilde örtüşüyor. $100 bandından girdiğim long işlemimi hedeflere kadar taşıyacağım. Herkese işlemlerinde başarılar.
Long
by alplaila
Expecting continued bullish momentumAVAX is in an Ascending Triangle (bullish) within a macro Ascending Channel (bullish). I'm expecting price action to bounce around the Ascending Triangle until ultimately breaking to the upside and moving to the top of the channel. I'm looking for bullish divergence on the 4-hour chart for an entry. --------------------------------------------- These are just my perspectives on the market, please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following. Thanks!
Long
by mercury_rising