AVAX own strong trendAVAX is a quiet cryptocurrency but extremely strong (SOLANA used to be like that too:D) the chart looks promising, healthy upward candles and no major fluctuations
AVAXUSD.P trade ideas
Avalanche looks like it’s close to finished with its correctionThis ascending yellow line was essentially a neckline for an ascending head and shoulders pattern. Once we broke down from this the actually target was around $57, but being a bearish pattern during a bull market probability favors that it would not hit 100% of it’s measured move breakdown target…by bouncing where it has though it has created a much more standard horizontal neckline of a more stereotypically shaped head and shoulders pattern (the neckline shown here in red). The target for breaking down from this head and shoulders is well under $10. Personally this seems highly unlikely to me. Something like this would likely only occur during a sever and unexpected black swan and would only stay at that price range for a very short time if it did happen, which would i anything only be a tremendous opportunity to stack one of the more fundamentally strong crypto projects in the space. Due to avalanche’s strong fundamentals and utility, I think probability much more highly favors that we maintain the horizontal red line as support before inevitably confirming the correction is over and heading higher. Until I’m certain that we are fully finished with he correction however I will have to leave this as a neutral idea, even though I’m definitely leaning bullish on it. *not inancial advice*
This is simple - Avalanche (AVAX) at support with volume back-upThis is simple - Avalanche (AVAX) at support with volume back-up support (red line).
Not more to say on this - simple example of old resistance become new support 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
Symmetrical Triangle Pattern is forming into 4h TF Symmetrical Triangle Pattern is forming into 4h TF.
Breakout Target Would Be $109 more or less.
Comments would be appreciated.
AVAX, let's go sideways for 1-3 daysThis fractal is not super congruent but i think the shape has been keeped well.
avax 1-2?got a feeling avax is in a bullish 1-2 setup here.
>reason being, it retraced from the recent highs of $146 in a 3 wave move (a-b-c).
>wave c was 123.60% of wave a, and landed perfectly into the larger local golden zone at about $76.
>look how it's dipping relative to everything else, super high demand + signs of accumulation.
i'll share my longer term avax count later this week if this upward move is confirmed.
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looking to take this from around $84~>$121 for a sub-wave 3 swing.
slightly higher risk on this trade, due to this unique setup in a sea of endless chop.
previous avax posts
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AVAX! Swing trade Is looking Greeat. Previous resistance is support.
Great Risk and reward. ;)
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Solana (SOLUSD) or Avalanche (AVAXUSD) - which to choose?If I still would be allowed only to choose between one of these two coins...
... just by looking on the daily chart without a view on the fundamentals.
AVAX has two chart-advantages IMO:
1. The price is above the OBV and not below a resistance
2. In case of a massive dump (we are within) the next volume support is closer to current price
But if you don´t have to choose between both... perfect 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
AVAX Potential Macrotrend FlipAVAX looks as though it may have flipped the macro resistance to support as it attempts to reach new heights. Keep an eye on volume and possible retests along the new support zone. A re-entering of the ascending channel would signify rejection, but Avax for now is looking vibrant.
*Full-time Wyckoffian VSA cryptocurrency investor and swing trader since 2017. I regularly seek out the most lucrative swings on all major crypto exchanges.
All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid volume spread analysis ( VSA ) and simple Fibonacci target zones.
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avax/usdi am take long position on avax...
it is in consolidation and need pullback on the target point ~ 112,5
lets see what will happens
AVAX: RSI(34) is approaching its important breakeven point#AVAX - The RSI(34) is approaching its important breakeven point at 48.5. At the beginning of August, the breakthrough was the starting signal for the rally starting from $15. If current fight for the EMA-55 is won, the probability for a short-term continuation increases. $AVAX
Bear market who?Sometimes its so obvious it hurts. Look... 5 wave up, ABC down, heavy support on trendline, projected for another 5 wave. Stuff is textbook. Also peep that volume has... uhh... increased??.. on the ABC downtrend towards bottom trend line???? Lmao ezpz free money... yw. Oh and for the Fundamentals people... we talking about Avalanche lol. Go read.
-V
AVAX! Swing Set up AVAX! Is getting a great support.
WE SAW NICE DUMP ON ALL CRYPTOS.
That is why is so important to place a stop loss and actually know what is your risk and your Reward not just money but % wise. Risk management and RATIO 2:1 is Essential. That is what we do we all do Risk and reward.
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 er 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!
AVAX USD BUY (AVAX - US DOLLAR)Hi there.
Price is moving impulsively to the upside.
Wait for the price to form a continuation pattern and watch strong price action for buy.
AVAXUSD Buy SignalPattern: Channel Up on the 1D time-frame.
Signal: Buy as the price is A) holding the Higher Lows (bottom) trend-line of the Channel Up, B) holding the 1D MA100 (green trend-line) and C) holding the 6-month CCI Support Zone.
Target: $200 (just below the 1.5 Fibonacci extension and Higher High trend-line of the Channel Up).
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AVAXUSDT Bullish Butterfly in MotionAVAXUSDT had a whipsaw a few days ago with the bears trying to overrun the bulls and attempting to put the value as low as $66; however, it should be noted that there is significant volume which heavily supports point B of the Bullish Butterfly harmonic pattern of AVAXUSDT. As a position trader, you have a lot of assurances that the value can go up as high as $137 before a major correction occurs.
Disclaimer: This is for educational purposes only.
AVAX LONG POSITION!Inverse head and shoulders pattern for AVAX on the 1hr time frame... the breakout could take the price to $98 level, once it breaks out i would be longing it
AVAXUSDT Bullish Butterfly or Bullish Deep Crab?Seems like my very first analysis for AVAXUSDT has been spot on. Unfortunately, we did not anticipate this whipsaw to happen so soon but again, is understandable due to a lot of negative news for cryptocurrency.
Be wary, 86 is a strong support but may falter down to 66. You can tranche buy to go long but I still believe this will go short but may just retest for a bit.
Disclaimer: This is for educational purposes only.
AVAX Fib Retracement - Like a bossLots of cryptos obey fibs, Avax is no exception. See my previous post, linked, I was off a buck or two.
Looks like another chance to grab it at the 0.50 @ $101 - a popular max retracement
Low probability to get the 0.618 @ $90. Retrace below the 0.618 is bad news.
I'mma grab some AVAX at 101.51.
Avax Bull Flag in the Making, perhaps?Looks like we may have a bull penant in the making. Based upon length of flagpole, this pattern lends itself to a final price of $225+, if all stays intact. This signifies a huge gain.
Let’s see if this can happen. Avax also has a lot going on, significant network effect adoption curve is truly the upward pressure that will drive this lift.
Do your due diligence, and vertically good luck to all.
AVAXUSDT Bullish Pennant or Correction?Here is an updated chart for AVAXUSDT. After seeing a bullish pennant, I decided to take profit already. Let us see first if this pennant will manifest or will its market structure move for consolidation to become a bullish flag.
Disclaimer: This is for educational purposes only. I am not a guru nor am I a licensed financial analyst.
$AVAX: Why I Think We Are Going To See Some Upward momentum Given how far $AVAX has gone down compared to the rest, I think the bounce will be equally impressive (not as impressive as $SOL but maybe close). It all depends on $114 acting as support and then off we go. I am adding more here as I think the benefit outweighs risk here. However, there's a very good chance we head to $100. Going to take a chance here by going all in. Not financial advice, my trading journal.
AVAXUSDT Correction on the Way!With AVAXUSDT finally reaching point E of the Elliot Wave, it should soon start the Elliot wave correction pattern. We are looking for a major dip at point C and current potential of going back to 100 value. So far, not much data can support since it is a new currency.
Disclaimer: This is for educational purposes only. I am not a guru nor am I a licensed financial analyst.
