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AVAXUSD trade ideas

AVAX, support near 22.The following content is machine translation: In the 4-hour chart, it is currently near the 22 support, 22 is the support in May, the rebound in June turned into resistance, and it broke through in July, and it has now fallen back to the vicinity of the 22 support. The indicator macd is a callback trend, the speed line is still above the zero axis, and there is a possibility of a rebound. The RSI indicator topped off near the overbought zone and returned to the neutral 50. To sum up, the current 4-hour chart has begun to rebound, and the short-term is bullish. If it falls below 22, it will see around 16.
BINANCE:AVAXUSD
by LochubT
AVAXUSD Re-testing the 1D MA50. Breakout and rejection scenariosAvalanche (AVAXUSD) is recovering from the recent rejection on the 1D MA50 (blue trend-line) last week. That would be the third attempt that close to the MA50 in 3 weeks and with the 1D LMACD on a strong rise, it appears it could be the decisive one to break it. In fact the same LMACD sequence was last spotted in July 2021, a year ago, when the price eventually broke above the 1D MA50 and initiated an extremely strong rally. Now with the general crypto market attempting to find a bottom on this Bear Cycle, such a rally would be difficult to re-create yet but the Fibonacci retracement levels within this long-term Channel Up can help us set some short/ medium-term targets leading eventually to the 1D MA200 (orange trend-line). On the downside, if the price gets rejected again and breaks below the Higher Lows trend-line (Fib 0.0), it can go for a Bearish extreme near the -0.236 Fib, similar to the Bullish extreme at 1.236 Fib that shaped the top of the market on November 22 2021. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:AVAXUSD
by TradingShot
3
Avalanche (AVAX) to $400 / 22xOn the above 3-day chart price action has corrected 90% since the sell signal back in November. A number of reasons now exist to be bullish, including: 1) A ‘incredible buy’ signal. 2) RSI resistance breakout. 3) Price action confirms support on Fibonacci 0.786 as measured from the July 2021 low. 4) Dragonfly DOJI candle prints on 2-day chart (not shown here). Why $400? Very simple, the previous cycle top was predicted perfectly @ $120 by the Fibonacci 1.618. Repeating the extension takes the market top prediction to $400, see chart below. Is it possible price action falls further? Fur sure. Is it probable? No with bells on. Ww Fibonacci target
BITFINEX:AVAXUSDLong
by without_worries
23
Long $AVAXBTC update likewise for the movement of Avalance. We have seen some nice 20% pumps across board now from the lows of 19k so what’s next?? Is bottom in?? First of all NO, bottom is not in yet not until BTC flip 22,700 & 24,360. Then we can start having conversations of 30ks and reversals. My entire bias is bearish and I am still looking out for shorts when I spot a weakness unless proven otherwise. Enjoy your weekend ..long AVAX for a quick profit at the key major resistance area of $23.00
BINANCE:AVAXUSDLong
by Abstaina44