AVAX USD Ascending Log ChannelAVAX versus US Dollar - Ascending Log Channel analysis with fib level channels
AVAXUSD trade ideas
Christmas Has Come Early...Probably imo one of the best l1s out there, Currently things in crypto don't look good overall but it's a natural part of the down cycle and usually the biggest mistake ppl make here is not buying at all, I imagine in the future this will be well above $1000~ per coin as the world flips onto web 3.
BTD...Assuming this is the first Bullish retrace of our new up move for now - most won't buy here as they're still too scared and it's probably one of the best times.
AVAX - Similar Double Bottoms AVAX has printed a nice double bottom which is very comparable to a past double bottom that saw great bullish results
A double bottom is a bullish reversal pattern
Bull opportunity
Avalanche USD - AVAX USD - Bearish consolidation completedHey 'whale calves' - Following this week-end short term bearish consolidation, Avalanche to stop falling and resume its rise on the current levels. The RSI is lying on a support area, while SMA is supporting the market. Currently on the lower end of its ascending channel.
Safe Safe! Have Fun!
AVAXUSD -possible longHello fellow traders,
Referring to the chart above, price has close above the downward trendline suggesting that price might rally to the supply zone (drawn on the chart). If price does close above this zone, there's a possible chance that price might start to rally to the next zone.
however, if price does close below the weekly supply zone , there's a possible chance that price might retrace back to the weekly demand zone.
note: This is just our thoughts and opinion based on technical analysis that we see. This article is not a trading or financial advised. Kindly do your own research and risk what you can afford.
blessed trading everyone.
Cheers.
#AVAXUSDTTrade setup: Trading in a Sideways Channel ($15-$20). Swing trader can trade the channel (Enter near $15 support, Exit near $20 resistance). Trend trader: wait for breakout. (set a price alert).
Trend: Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium
Support and Resistance: Nearest Support Zone is $15. The nearest Resistance Zone is $25 (previous support), then $40.
Avax breakout is realBroke out of a longterm c-fork, first target is top of the descending channel. Breakout of the channel has a measured move to $22.
RSI has bullish divergence.
AVAX scalpTarget to completion of wave5.
H&S on smaller tf where is my entry is based on. Stop will be invalidation of ABC correction
Trade # 14: AVAUSD Long Long Position
Entry: 16.52
Stoplose: 15.64
TP: 17.64
Bullish Spinning top and probability of formation of Morning Star
AVAX ANALYSIS
#AVAX UPDATE.
#AVAX is currently trading in falling wedge and got a huge bounce back from the previous support level,if breaks above the falling wedge white box area could be next resistance for AVAX.
H&S and inv C&H for old mate AVAX... Possible support just under $11 for AVAX, but looking like a massive H&S with inverted C&H.
AVAXVery simple ... Very clear
This is my personal opinion. Please do not trade based on my analysis and data.
AVAXUSD (1H) - Bearish wave LTFHi Traders
AVAXUSD (1H Timeframe)
A Med-High probability, entry signal to go SHORT will be given with the downward break of 15.85 after the market found resistance at 16.30. Only the upward break of 16.30 would cancel the bearish scenario.
Trade details
Entry: 15.85
Stop loss: 16.30
Take profit 1: 15.18
Take profit 2: 14.70
Score: 7
Strategy: Bearish wave LTF
AVAX ANALYSISAVAX has broken below to the rising wedge and we can expect that avax would go down but currently AVAX is holding the double bottom support ,on losing this double bottom support breakout will play excatly.
avax local |$19a ton of fairly good setups out there. continue looking for the high beta plays.
from a macro perspective, if we get this zone as the swing low, avax should run much higher..
but from a local perspective, we think $19 is a conservative 10% target where we'll likely start to see some turbulence.
Avax Avax with a lon down trend movement which ends here with a failured swing around support
Risk Reward for a long play into untested levels seems reasonable. At least for a smol bounce
Avax looking to go down 30 percent down. Avax unable to make higher high also huge shooting start. no first fase will complete so i am looking for abc correction.
Greedy...Another gift I believe - I am currently buying more here with the bias that the bottom is in and the future is very bright - this project is very well funded and has great tokenomics.
avax price predictioni have opinion avax created bearish flag and continues break down after created fake out
