AVAX/USDT - MACRO BULLeither way, it looks like we have the famous accumulation patterns forming.
see the patterns, but being patient on execution as you can get caught on the wrong side.
Safe trading all
AVAXUSD.P trade ideas
AVAX Fib ext. next projected high before retracement AVAX on 4h view, I cloned the first fib extension to project the last. I choose to clone this extension because the rise in price at this time was largely unaffected by markets. The initial rise from low 82's to low 100's was due to AVAX bringing on USDC and I believe 2 other DEFI platforms. The extension I choose was post retracement of this news. It also seems to be the most realistic and least volatile, cause all the other clones of extensions from this recent bull run would put us at 139+ by the end of the weekend. I don't seen that happening by the end of this weekend, but i do see it happening before the next bear market hits. Happy Holidays & Happy trading all!
Looking for Quick Profits on $AVAXI like $AVAX for a quick bounce. I've already made two entries within that little circle, will triple down if we wick below $120. Hoping to exit in the next 4-8 hours.
Avalanche - Ready for more action, Bull Flag w/ $140 TargetAVAX has been on a tear and with a healthy consolidation here I have loaded up on more. You may see more sideways action for a bit into the green zone, watch for high volume confirmation of breakout. I have a target of $140 and stop loss of $115. NFA, DYOR
AVAXUSDT Bullish Butterfly Nearing Point CAVAXUSDT is about to finish point B in the level of 138. From there, you can expect a consolidation as low as $37 for now, congratulations to those who followed my trade plan and managed to enter at $75!
Plan:
P.S. This is for educational purposes only.
AVAX USDT Long SetupAVAX USDT showing great relative strength
Expecting a slight dip in coming days
Will be a great opportunity to load up
This will be one of my leading coin for next Alt Season
BTC should cooperate
Previous AVAXUSD chart w/the potential Descending triangle addedNot 100% confident about this descending triangle pattern yet. But if it is indeed valid then the price action should head towards the 158-160 target before too long with some resistance on the way there at around $130 or so depending on where we retest this ascending yellow trendline at.
$AVAX possible breakout$AVAX about to test resistance at $127. I see it testing ATH and forming a cup & handle.
$AVAX looking bullish on MACD and RSI shows possible breakout signals.
NFA/DYOR
AVAX analysis update done december 16As said in the previous analysis, after closing the price, above the neutral zone configures a possible bull run
AVAX Avalanche: 1D Chart ReviewHello friends, today you can review the technical analysis on a 1D linear scale chart for Avalanche (AVAXUSD), a cryptocurrency.
Quick Analysis:
1) The price has been respecting a multi-month parallel channel it formed in early 2021.
2) Since August 2021, the price has been supported by a trendline, which it is hovering above/below over the past few days.
3) If the price does not come back above the support trendline, keep an eye on the lower trendline of the parallel channel.
4) The RSI (relative strength index) has formed a multi-month bearish divergence.
5) Volume has reduced over the past few days compared to the past few months.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
AVAX! Swing AVAX is paying off Great. It had amazing risk and reward. You not always win that’s why important the ratio.!
If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE
This one Falls In our research on swing set ups with a good ratio of Risk and Reward.
As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio.
Subscribe and don’t miss OUT the next research.
Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
Thank you for the Love, I really appreciate those likes, makes a difference and pushes me to keep on posting more of these!
Looking for Quick Profits on $AVAXTK cross has occurred and other indicators are looking favorable. Looking for an entry inside of the green circle and will be taking profits anywhere in the green rectangle.
Critical Moment for AvalancheIf we close this candle in conformance with the broken Ascending Triangle support it's clear confirmation of the reversal.
Not financial advice.
AVAXUSD (1H) Bullish breakoutHi Traders
AVAXUSD (1H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 117.45 resistance level. Only the downward break of 101.00 would cancel the bullish scenario.
Trade details
Entry: 117.45
Stop loss: 101.00
Take profit 1: 127.50
Take profit 2: 143.90
Score: 7
Strategy: Bullish breakout
Avax chartAvax
Potential of forming inverted head and shoulders with support around 100 and neckline of 110 targeting 120-140
AVAX Rejects Ascending TriangleAs you can see the Ascending Triangle support was broken and a bear flag has formed. Rejecting the fib support here would likely see a more complete retrace.
Not financial advice.
AVAX Prediction for the day If support is broken then i would suggest to wait and if start to move upward from necessary support line then my friends i think i have learned something new and predicted something that i am proud of as a #NewbieTrader .
avax 12-16 updatemorning ~
avax is bae.
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but i think avax has one more little dip to go before it truly takes off.
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>i'm not going to talk about how high it's going to go after, as that is genuinely not important right now.
>what is important though, is buying it at the end of a massive correction.
>what follows after is self explanatory.
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a wise man once said to me, "I can care less about impulses, I only care about completed corrections".
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previous avax updates 👇
AVAX - honeybadgerAVAX does not care what anything else is doing.
Up fibs, down fibs... strength in uncertainty.
AVAX looks like its about fill the hole left by DOT and ADA and snub up to SOL.
Making Sense of AVAX Price through Elliott Wave AnalysisAvalanche (AVAX) has been one of the top-performing cryptocurrencies in the past 24 hours, with the price standing above the considerable psychological number of $100. Throughout this analysis, we'll show you how to apply the Elliott Wave theory to identify where we are in the overall bullish cycle.
AVAX Elliott Wave Analysis
Long-term Elliott Wave analysis suggests that AVAX price is in a bullish cycle from the September 22, 2020 low. Up from there, wave I ended with the $63.30 swing high with an internal subdivision as a 5-wave structure. Then, the price resumed lower in wave II towards the $9.25 low.
The rally in wave III ended at the current all-time high of $151.22. We're currently resuming lower in wave IV, which has a high chance of being completed at the $72.0 swing low.
Usually, there is an alternation between wave II and wave IV in Elliott Wave analysis. If wave II is an extended consolidation, then wave IV is a sharp correction, which is the case for the AVAX's price. Short-term, as far as AVAX's price remains above the $72 low, we can expect another rally in wave V to complete the five Elliot Wave sequences.
We can already see the return of the bullish momentum on the RSI oscillator as the RSI already broke above the mid-level 50.
The ugliest thing you've seen all dayred coin gud coin, all L1 ponzis will prevail, eth scaling is like hoping for smart contracts on ADA
Avalanche (AVAX) - December 17Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(AVAXUSD 1W Chart)
Over 63.3093173-80.9999458 section: Expected to create a new wave.
We need to see if we can continue the uptrend along the uptrend line.
If it falls from the 56.5183378 point, it may fall near the 24.0049795 point, so a stop loss is needed to preserve the profit.
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(AVAXBTC 1W Chart)
Above 0.0014834 point: Expected to create a new wave.
Since the wave is not well formed, it is necessary to increase the holding quantity corresponding to the profit along with a short-term response so that the profit can be regenerated.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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$AVAX break out above 114 will produce new ATHsAVAX has enough momentum to reach November highs at the very least. It has preformed well while fear was very high, establishing trust and affirming investor commitment. TA also indicates we are headed in this direction. On the daily chart below, there is a clear pattern on the daily GC and MACD as indicated by the blue arrows and signal/MACD crossing near the midpoints of the histogram. The chart above is a 4H that shows trend breaks, 114 was everyone last chance to reap some good profits out of Novembers bull market. If we break out past 114, expect buy confidence to increase at a significant rate.
