AVAXUSD.P trade ideas
AVAX 10%+ gain target incomingToday I'm doing something a little differently. I've decided to let the charts speak in detail instead of a lot of words. If I have something special to say about the specific instrument. I will mention it here. For general Crypto updates, please take a look at my BTC update.
One thing to keep in mind is that we are in a short-term downward wave today and we haven't reached the end of it.
AVAX USD BULLISH Parallel channel short to mid term uptrend, approaching retest 100MA, entry point.
Long position to 100 and then 120 are resistant. good swing opportunity.
Daily chart MACD building momentum.
AVAX/USDT - Potential 69% SetupHello Traders!
AVAX is moving in a local uptrend, pushing the $98 resistance level several times. The price is testing the MA100 on the daily timeframe.
A "Rising Triangle" pattern has been formed on the chart, an upward exit from which shows a potential rise to the resistance level of $135.50
Looking for purchases is possible near the current price values of $74 - $82
Closing the deal using stop loss is reasonable in case the price goes lower than the level of $64
The targets will be price levels of
$125,00
$135,50
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
AVAX BuysAVAX Buys
AVAXUSD Longs, 79.0 Buys, 82.0 target.
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AVAXUSD ❕ AVAX follows BTCThe AVAX chart differs from the BTCUSD chart only in volatility, so expectations are the same here. We should wait for a breakout of the descending channel with a further retest of the resistance level with a fixing above it, and then I'm waiting for the reach of the target indicated on the chart.
AVAX trend lines#AVAX/USD
$AVAX hold the long term ascending support.
🐮 price can head up to resistance zone around $90 that is the same with ascending trend line.
break out from this resistance can increase price to resistance zone between $110 and $120.
🐻 rejection from $90 can drop price to current support that touched more than 3 times and possible to break it down to support zone between $60 and $50.
AVAXUSD (4H) Bearish breakoutHi Traders
AVAXUSD (4H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 81.36 support level. Only the upward break of 90.53 would cancel the bearish scenario.
Trade details
Entry: 81.36
Stop loss: 90.53
Take profit 1: 75.70
Take profit 2: 66.53
Score: 7
Strategy: Bearish breakout
Bulls ready for AVALANCHELooks like the bulls are ready on AVAX for a big run. LONG to the upperside of the channel
I HAVE A DREAMi have a dream that one day avax will take over ethereum
i have a dream that one day, the people will hold the rewards of gas
and miners are no more
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of a field of nodes, with their passive farmers reaping full the rewards of their capital
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that one day, i may see a web 3 where layer 2s and layer 1s can bridge hand in hand
that way one day,
we may farm across chain
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AVAX IS AT FIB 61.8 WITH IMMINENT PULLBACKThis asset (AVAX) has made some positive runs lately. However, this asset haven rallied up to FIB61.8, I feel it is time for the retracement to happen.
I feel AVAX need to pull back to $90 zone for the bull momentum to come into action once again. If this happens, then we should see AVAX break beyond $100 and even hit the $110 zone of the ascending channel.
Always remember that positive tokenomics (news) will be a quick way to push this asset to the moon. negative news can also be the other way round.
NOTE:
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Whats next for Avax!Bulls Case:
1. Major Support
2. Hammer
3. Fib 0.618 retracement
4. Double Bottom
5. Bullish Divergence
-------------------------------
Plan - A
Entry - 86
TP - 96
SL - 82
-------------------------------
Bears Case:
1. Bearish DOW
2. Bullish Trendline Broken
-------------------------------
Plan - B
Entry - 81
SL - 83
TP - 71
How To : Momentum Shifts ( Key Set Ups)
Hi Traders! Lets review 3 Trade SetUp For Key Momentum Shifts:
For the past 28 years, I have been using three simple trades setups, that I'll explain in the video, to be selective in my trades and to identify key momentum shifts in the market. I hope these setups will be useful to you as well.
High Frequency Traders and Professional Traders will often run retail trader stops by blowing through key support and resistance levels like round numbers only to reverse shortly afterwards. We must protect ourselves from these tactics and be careful not to chase a move or get stopped out.
Recognizing and patiently waiting for one of these trade set up will help especially if you combined or recognize them with a chart formations like a double tops or head and shoulder pattern.
Trade Setup 1: Cross above a key resistance, recross below = shift of momentum. The same setup can be used with a cross below a key support level.
Trade Setup 2: Cross above a key resistance, recross below and a retest of the resistance with a Lower Higher = shift of momentum. This is my preferred setup.
Trade Setup 3: 2 touches to a key resistance or 2 touches to a key support and entering on the 3rd touch for a 66% probability of successful trade.
I hope these setup are helpful, whether you trade or invest, using key momentum shifts with support and resistance lines.
Hope it helps
Take care
Marc
AVAX will go back to 97.2 $as we can see the chart is under the POC and from the Stochastic RSI it's trying to go up because it reached the higher low, but there is something we should consider from the volume profile, clearly there is a D shape. personally I don't recommend to trade in the area of a D shape or B shape, because it's an accumulation area and the price usually going random up and down, so if you wanna take a risk don't don't forget to respect the risk management and trade with a low amount hopefully the price will go to 97.2$
AVAX USDT ANALYSISAvax is performing well as other altcoins do. We broke the bearish TL, and now we can go even higher to $115. Just watch volume and sentiment on other altcoins.
AVAXUSD- ROAD MAPokay so i mapped out the wave pattern. we should break out to the upside and get to $110. I am using Elliott's wave pattern analysis/trend lines to make this game plan for us.
pls use proper risk management when trading. Im not sure this will happen either, this is just an interesting idea. please do ur own research.
AVAX 6% gain targetLast night's level was hit today as expected.
AVAX is showing strong bullish momentum and we can expect the price to continue going up. It's possible for the price to go up much higher but in its current up wave, we have a bit more energy left to take us to 103.
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Not financial advice. Trade at your own risk.
Long- possible impulsive move up for AVAXthis might not happen just an interesting idea. if we keep following this trend line we could be good till $117+. I'd get really careful after $124 - $125.
AVAX to make a 7-16% gain 🚀We see strong rejection of the buying zone. If you zoom into lower time frames, it will be apparent to you the amount of buying at this level. There is sufficient momentum to take us to the $96.7 price level. I expect the $88 price level to hold. If it breaks, that could change the dynamics, and I would need to provide an update. Please ask in the comments if I forget to give you guys an update.
My BTC update will contain an overall crypto market update and a list of the ideas for the day.
Take a look at my highly accurate predictions based on the momentum-based system that I'm developing; please like and follow me to show me your support so that I'm motivated to continue posting and receive all of the latest updates as I post daily. I do this for free, and in return, all I ask of you is to leave a comment and hit that like button. Also, drop in a chart in the comments that show nice consolidation, and I will tell you which direction the break out will be 😉
Here is a small snapshot of the system that's producing these signals. It's been built by someone with over 10000hrs of experience building trading systems and advanced and complex indicators ibb.co It's beyond what you will find online anywhere 😉
Not financial advice. Trade at your own risk.
AVAXUSD outlookCurrently in a correctional wave. Its very easy to be blindly bullish - especially with recent price action.
What goes up must come down again before going up again.
Looking for major wave X to complete before it goes down.
AVAX Bull Cycle Prediction 3/30/22AVAX Bull Cycle Prediction 3/30/22
Indicators
HMA
Williams Alligator
MACD
RSI
Last HMA cycle in august of 2021, AVAX went up 1000% at its highest point. Bearish divergence finished off the cycle in November 2021.
This prediction uses previous cycle data, and fibonacci as targets. 1-2-3-4 618 levels.
Avalanche: Ready to AvalancheAvalanche still has time until the resistance at $98.77 to finish wave B in green, but it could also decide to avalanche into the orange zone between $70.58 and $58.31 immediately. There, it should complete wave C in green as well as wave ii in orange and use its drive to change direction. In contrast to its namesake, Avalanche should then rush upwards above the resistance at $98.77. However, there is a 35% chance that Avalanche might endeavor to emulate said namesake and slide below the support at $53.16.
