AVAXUSD trade ideas
Long AVAXUSD - A rise to $235First and foremost this is my own hypothesis and in no way suggests a buy or sell advice.
We reached a bottom during the correction phase of our white impulse towards $76.
We are now in the process of forming our wave 3 which will most likely go for the 1.618 Fibonacci to reach $235 before correcting again.
Furthermore, we will be able to validate the bullrun scenario once Avalanche has passed $131.
A first objective towards $200 offering us a beautiful opportunity of 90%, attention in counterpart not to go down below $96.
Let's give AVAX time to validate this analysis.
If you agree with this scenario let me know with a like.
Otherwise let me know your point of view with a comment!
avax/usdAVAX - avalanche will explode soon, maybe march or april (IDK exact time)
SO that i'm holding it
In my opinion, we will see avax deep again (~80 bucks)
Cause this rocket is in triangle and it will explode in few months
shortly i will say, avax target is ~190-200$
from now it will be 2x (~100%)
but if avax will drop on deep (~80$) then profit will raise to 2.5X
WISH U LUCK!
AVAX/USDT - Potnential 82% SetupHello Traders!
The struggle for liquidity among ecosystem projects continues unabated. In 2022, we will see a further confrontation between ETH 2.0 and its layer-2 solutions versus existing layer-1 solutions with and without EVMs. This is something we can take advantage to make money.
AVAX has started a new upward movement.
It is better to look for an entry on correction in the range of $98.00 to $107.50.
Stop-loss shall be placed under the level of $78.50
The targets will be the Fibonacci levels:
$141
$159
$179
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
AVAXUSD (4H) Bullish wave We2Hi Traders
AVAXUSD (4H Timeframe)
A Med-High probability, entry signal to go LONG will be given with the upward break of 121.20 after the market found support at 109.20. Only the downward break of 109.20 would cancel the bullish scenario.
Trade details
Entry: 121.20
Stop loss: 109.20
Take profit 1: 139.00
Take profit 2: 157.00
Score: 7
Strategy: Bullish wave We2
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!