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AVAX / Bitcoin

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AVAXBTC trade ideas

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
AVAXBTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. As you can see the price has been able to break the resistance line to the upside but has not stabilized above it yet. We expect the price to move toward our resistance again after a pullback. But if it goes below the support line and stabilizes there, we can expect it to fall down to the second support line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
Worth your sats?Currently AVAX at coinmarketcap #11 ranking. Ahead of it are BTC, ETH, Stablecoins- most likely will stay ahead in the foreseeable future. Of the Doge, Binance, Solana, Cardano, Polkadot grouping - Likely, 2 of these 5 will fail. AVAX will likely outperform 2 of the remaining 3. Avax has so much traction, great leadership, and technically contains built-in scalability, speed and the ability to develop different chains (for variety of use cases in enterprise/govt/ or otherwise PII handling use-cases ) that I don't see it going anywhere. Instead, failed attempts in inter-blockchain communications, layer2s etc. may highlight Avalanche's merits.
Long
by SNOGY
1
AVAX Possible Bullish BounceCHART SUMMARY Binance - Weekly Candles - AVAX/BTC CHART OVERVIEW Fibbonaci Circles: from the centre outwards = 0.382, 0.618, 1, 1.618, 2.618, 3.618. ANALYSIS The price is heading towards the green 0.618 circle, this is a pivotal price point and could indicate a bullish bounce is upcoming. CONCLUSSION If lots of volume and a sharp rise occurs after contacting the 0.618 circle this is looking bullish, if price drops through and lingers below it's looking bearish. What do you guys think, bullish or bearish? Personally I'm bullish based on fundamentals and price action. *DISCLAIMER: NOT PROFESSIONAL ADVICE
Long
by cmpkpersonal
5
Buy yourself some AVAX with your BTCAfter analyzing the AVAX with both USDT and BTC, the best opportunity comes the AVAXBTC . Situation is very clear and precise, but still need to be traded with greater caution and risk management. IN the higher Time Frame (D1), we saw that there was a beautiful retrace on the 61.8% which is referred by some experts as the Golden Ration. So from that we highly expert a to the upside. Coming to H4, where we are going to take our entry, we saw that was a break of structure before which there was an Ignored Accumulation (IA is a more advanced concept in the market structure.). And after an IA, we expect the market to normally come back for a retest on a decision point which is a high level of liquidity near the IA. The most important thing is that the zone or the area is found in between the levels 61.8% and 78.6% of the FIbs where there is the trend-line. All this confluence shows us how strong that area is. So in a sense we can put our pending orders there with a very calculated risk management. If price comes to that area and we fond some rejection to the upside or a bullish pattern, then we can buy and target a 40 - 50% of profit on the trade. N.B: This is not a financial advice. Trade the market structure and not the trend, and moreover, make sure to have a good risk and money management.
Long
by PrimeTradeX
3
Avalanche bulding great eco system to the crypto spaceAvalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. Unlike proof-of-work or proof-of-stake, the Avalanche consensus mechanism does not have one leader processing transactions that get validated by others. Instead, all nodes process and validate transactions by employing a directed acyclic graph (DAG) protocol. Rank #13 Coin On 392,686 watchlists Avalanche Price (AVAX) $95.48 11.04% 0.001476 BTC9.52% 0.02063 ETH11.28%
by doqstrader