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.Shortby Subterfugex0
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 Longby Avramis116
Avax chartAvax Potential of forming inverted head and shoulders with support around 100 and neckline of 110 targeting 120-140by Lucka90330
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.Shortby Subterfugex330
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 .by jarrettdaniels25860
avax 12-16 updatemorning ~ avax is bae. - but i think avax has one more little dip to go before it truly takes off. - >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. --- a wise man once said to me, "I can care less about impulses, I only care about completed corrections". --- previous avax updates 👇 by notoriousbidsUpdated 131313
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.Longby culbert4253
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. Longby cryptohopper119
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 Longby Yewla2
Avalanche (AVAX) - December 17Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (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. ------------------------------------- (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. ------------------------------------------ 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. ------------------------------------------------------------ ------------------------------------------- ** 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.) --------------------------------- by readCrypto13
$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. by OneGoodHit2
AVAX POSSIBLE BULL RUN avalanche is close to breaking the daily chart's neutral zone. if it happens to break and close above, the price tends to look for new tops that I left drawn on the chart. remembering that if it is a search for a new historical top, the price may exceed 2 take levels if it remains below the neutral zone and the price returns to the reference channel breaking the 50% level of the reference channel, the price will be indicating a possible new downtrend to seek a new bottomLongby leonardogazola2
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 fluctuationsby cryptodailyuk1
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* by DrDovetailUpdated 0
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 investingLongby Crypto4Everybody229
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. by iambillionaire587Updated 228
AVAX, let's go sideways for 1-3 daysThis fractal is not super congruent but i think the shape has been keeped well.by Nicotavee2
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. ---- 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 👇 Longby notoriousbidsUpdated 228
AVAX! Swing trade Is looking Greeat. Previous resistance is support. Great 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! Longby JhonMontana1
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 investingby Crypto4Everybody1
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. I go after the runners and big money. My win rates are between 80-85%. Follow me on TradingView and see for yourself! I review hundreds of coins & tokens daily and handpick all the runners myself (no bot signals). Good luck and safe trading to all. ** Not financial advice. Trade at your own risk.Longby jalapabloUpdated 447
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 Longby zxarata690
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. $AVAXLongby SalahBouhmidi3