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!
AVAXUSD trade ideas
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!
Avalanche - Ready for more action, Bull Flag w/ $140 TargetAVAX has been on a tear and with a healthy consolidation here I have loaded up on more. You may see more sideways action for a bit into the green zone, watch for high volume confirmation of breakout. I have a target of $140 and stop loss of $115. NFA, DYOR
Previous AVAXUSD chart w/the potential Descending triangle addedNot 100% confident about this descending triangle pattern yet. But if it is indeed valid then the price action should head towards the 158-160 target before too long with some resistance on the way there at around $130 or so depending on where we retest this ascending yellow trendline at.
AVAX Avalanche: 1D Chart ReviewHello friends, today you can review the technical analysis on a 1D linear scale chart for Avalanche (AVAXUSD), a cryptocurrency.
Quick Analysis:
1) The price has been respecting a multi-month parallel channel it formed in early 2021.
2) Since August 2021, the price has been supported by a trendline, which it is hovering above/below over the past few days.
3) If the price does not come back above the support trendline, keep an eye on the lower trendline of the parallel channel.
4) The RSI (relative strength index) has formed a multi-month bearish divergence.
5) Volume has reduced over the past few days compared to the past few months.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
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