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AVAXBTC trade ideas

AVAX/BTC - 4h - Analysis published on 03/01/2021Moon to Earth ... anybody there? Hello World, It’s Cosmo again and as promised I’ll start with my Coin/ Token to BTC analysis today to determine which of the Coins/ Tokens are currently over- and which are underperforming compared to BITCOIN. This is ESSENTIAL 😇 because as a Hedge Fund we want to be SHORT in all underperforming Coins/ Tokens and we want to be LONG in all overperforming Coins/ Tokens to be able to make money in all market situations and independent from the price action and level. So, let's get started 😃 … today I’ll analyze the AVALANCHE (AVAX) Token: Summary of the Analysis Trends: Short Term - Bearish & Long Term – Bearish Crypto Screener™ (by TradingView) Rating: SELL Technical Indicators (by TradingView & intotheblock): SELL - Summary: 13 Bearish; 9 Neutral & 4 Bullish - Oscillators: 2 Bearish; 8 Neutral & 1 Bullish - Moving Averages: 11 Bearish; 1 Neutral & 3 Bullish Fundamentals: SELL - Circulating/ Total Supply = 21% & Circulating/ Max Supply = 11% --> STRONG SELL - No Fundamental Crypto Asset Score (FCAS™ by Flipside Crypto) available - No SIMETRY™ Rating (by Crypto Briefing) available - No Rating by TokenInsight available AI (Artificial Intelligence) by CENTRALCHARTS: SELL Multi Timeframe Analysis: - 1h (1 hour frame): negative - 4h (4 hours frame): negative - D (1 day frame): negative - 7d (last 7 days): negative AVAX/USD (purple) curve consistently declining more than BTC/USD (yellow) curve! My Opinion: SELL - Bearish under BTC 0.00056750 My targets: -8.2%, -19.0% & -43.6% (from current price level) AVAX/Bitcoin follows a very strong bearish trend (20° downwards) from ATH (all time high) on 02/10/2021. Traders may consider only short (sell) positions if the price stays well below BTC 0.00056750 (Stop Loss Level = 1st light green line above current price; +3.9% from current price level). Next support levels are indicated as light red lines in the chart. A bearish breakout below a support line would increase bearish momentum. Signal Force (0-10): 8 = very strong force We are currently trading around VWAP. Should we break significantly downwards this would be a strong SELL signal. Please note that as a Hedge Fund Manager I would NEVER go outright short = only sell short ... I always have potentially overperforming coins or tokens long against the shorts! The trick is, that (because of good research) the longs perform better than the shorts in all market situations. Like and follow as the next analysis will focus on other over- and underperforming (compared to BTC) Coins or Tokens. You'll then be able to do what the big guys do 🤑: Organize your Crypto Portfolio as a Hedge Fund. Heard about them? With this successful trading strategy😍🍀💵 you'll be able to make money in all market situations and independent from the price action and level! Happy trading everyone! Published on 03/201/2021, 11:30 AM (UTC+1)
Short
by MoonrakerCrypto
Avalanche (AVAXUSDT/AVAXBTC) Long&Short Trade Setups 2021/03/05Long Trade Setup #1: False Breakdown 1. Price Action: Price breaks below the then rapidly climbs above 0.00050000, forming a bear trap 2. Trade Entry Confirmations: A breakdown candlestick  followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming Short Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back up to the 200MAs, currently projected to be @ 0.00055500 by the time price reaches it, and bounce back down. 2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
by cryptotraderog
AVAXYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY! If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
Long
by SvarogPerun
2