Avax Long Idea - Looks like an ABC. Let see if we can get a bounce from here
Open @ 38.60
SL @ 36.60
T1 @ 40.00
T2 @ 44.00
AVAXUSD trade ideas
Avax to $100Looking at the way avax has been trending these past months. Avax is definitely hitting $100 by this coming March. BTC halving starting in April 2024, we will see the rest of the coins follow.
I am no expert. Just sharing my thoughts.
AVAX Pauses Before $40, A Halt Or A Reversal?300% Rally in Two Months: AVAX (Avalanche) displays an impressive 300% bullish rally in the last two months.
Struggle to Surpass $40: Despite the strong rally, AVAX faces challenges in crossing the $40 mark, hinting at a potential reversal.
Potential to Reach $56: If sellers lose dominance at $40, AVAX could potentially climb to $56.
Influence of Bitcoin's Bearish Mode: A bearish turn in Bitcoin impacts altcoins, including AVAX, which fails to surpass $40.
4.92% Pullback on Monday: AVAX experiences a 4.92% pullback, with a long-tail formation suggesting a possible bullish comeback.
Ending Consolidation in Weekly Timeframe: A significant rise in buying pressure ends the consolidation phase for AVAX.
Support from Avalanche Ecosystem: Growing network strength of the Avalanche ecosystem bolsters the AVAX price.
Current Trading Price: AVAX is currently trading at $35.23.
Technical Indicators - MACD: The MACD in the weekly chart shows a bullish divergence, supporting a continued uptrend.
Market Recovery's Impact on AVAX: Any market health improvement could spur a bull run in AVAX beyond $40.
Risk of Retesting $30: An increase in supply or bearish market trends could lead AVAX to retest the $30 level.
Avax confirming the log channel breakout.You can see on this log chart that Avax has confirmed a breakout above the yellow channel. On its way to the breakout target it has los broken above an inv h&s neckline. This is a very asymmetrical inverse head and shoulders pattern as we can see the right shoulder is extremely tiny and the head appears to be Siamese. All the same if this inverse head and shoulders pattern also validate the breakout target for it is around $56. *not financial advice*
3X Done. Going for 10X One of the best performers in this bottom run.
AVAX is still an undervalued market gift.
AVAX will do very well in the next bull cycle, NOW.
Avalance (AVAX) Bullish!$30 Was broken as a major level of resistance for AVAX. Next.. price movement will be heading towards the $43 mark! Re-test $43 area, then have a pullback continuing to the upside.
AVAX LONG OFF THE BOUNCEwill AVAX pull back to its previous resistance level and find support. I'm personally LONG here at 22.5. Leveraged at 30x 3% of account value looking for 1:2 but I like to close out manually.
AVAX lookin sharp guys 🔪🍽🎢In a realm where frost doth kiss the peaks so high,
Where mountains mighty cleave the azure sky,
There lies a tale, both grievous and profound,
Of an avalanche, whose fury knew no bound.
In a hamlet nestled 'neath the alpine crest,
Unaware of what would put their fate to test,
Sixty-three souls, in daily toil engaged,
Unknowing that their end was thusly staged.
From heights untold, with thunderous, fearsome roar,
Down came the snow, like Neptune's mighty oar.
In swift descent, it swallowed land and life,
Leaving naught but echoes of the strife.
But lo! The tale grows grimmer in its tell,
For destiny had yet a darker spell.
Two hundred fifty more, in path forlorn,
Were marked by nature's icy, wrathful scorn.
The avalanche, like Jove's unbridled ire,
Unleashed its cold with devastating fire.
It carved its way through hearth and home alike,
A tyrant king, none could dare to strike.
So heed this tale of nature's fickle hand,
That wields its power o'er sea, air, and land.
For in its wake, we find but sorrow's toll,
A reminder of our fragile, mortal role.
Let this story in our hearts be kept,
For those we lost, for those who wept.
In memory of the lives, it claimed that day,
We stand, we mourn, we hope, we pray.
KRAKEN:AVAXUSD
T-A AVAX$KUCOIN:AVAXUSDT. TEE AHHE
Why was the snowman searching through the carrots during the avalanche?He was picking his nose in the powder!
🌙 AVAXBINANCE:AVAXUSD
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As we look to the horizon, there's a sense of anticipation, a whisper of something monumental on the verge of happening. AVAX isn't just breaking trends; it's setting a new standard, a rhythm that resonates with the pulse of the future.
The journey to $90 is more than just a financial milestone; it's a story of resilience, innovation, and the relentless pursuit of excellence. AVAX, in its essence, isn't just climbing a ladder; it's building its own, rung by rung, towards the skies of success.
In this dance of digits and dreams, AVAX isn't just moving upwards; it's inviting us to reimagine what's possible in the world of cryptocurrency. This is a moment for the bold, for those who see beyond the horizon, where AVAX isn't just a token, but a testament to the enduring spirit of progress.
And so, as AVAX charts its course towards $90 and beyond, it's not just carving a path in the crypto world; it's lighting the way for an industry on the brink of transformation. This is the story of AVAX, a tale of breaking barriers and soaring to new heights, where the only limit is the sky itself.
AVAX = 🌙 As we look to the horizon, there's a sense of anticipation, a whisper of something monumental on the verge of happening. AVAX isn't just breaking trends; it's setting a new standard, a rhythm that resonates with the pulse of the future.
The journey to $90 is more than just a financial milestone; it's a story of resilience, innovation, and the relentless pursuit of excellence. AVAX, in its essence, isn't just climbing a ladder; it's building its own, rung by rung, towards the skies of success.
In this dance of digits and dreams, AVAX isn't just moving upwards; it's inviting us to reimagine what's possible in the world of cryptocurrency. This is a moment for the bold, for those who see beyond the horizon, where AVAX isn't just a token, but a testament to the enduring spirit of progress.
And so, as AVAX charts its course towards $90 and beyond, it's not just carving a path in the crypto world; it's lighting the way for an industry on the brink of transformation. This is the story of AVAX, a tale of breaking barriers and soaring to new heights, where the only limit is the sky itself.
#Avax idea - chasing another push higherAVAX chasing another push higher:
Open limit 24.77
SL 23.63
TP1 25.55
TP2 28.00
Risk 1%
Avax breaking higherAVAX breaking higher in what could be wave 5 of 1 of the new bull market. The minimum target of wave 5 has already been reached (inverse Fibonacci extension of wave 4), but wave 5 can extend significantly. We will buy again on pullbacks.
Will AVAX Price Reach Escape Velocity To Cross $30?Boost Past $25: AVAX price surges beyond the $25 mark due to strong buying pressure.
16% Jump in Three Sessions: AVAX experiences a significant 16% increase within three trading sessions.
Potential to Reach $30: If the uptrend above $25 sustains, AVAX could potentially hit the $30 mark.
200% Growth in 50 Days: Avalanche has seen nearly 200% growth in the last 50 days, showcasing increasing demand.
Triangle Breakout Rally: A triangle breakout in the 4-hour chart indicates a return to bullish momentum.
Current Trading Price: AVAX is trading at $25.55, with a 4.07% intraday growth.
TVL and Volume Growth for Avalanche: Avalanche's Total Value Locked (TVL) and volume show a positive trend, indicating increased network adoption.
Technical Indicators - RSI: The RSI is in the overbought territory, suggesting strong demand without bearish divergence.
Possibility of Bull Run Beyond $30: Market recovery and network health improvements hint at a potential bull run to $36.
Risk of Retesting $25: There's a possibility of retesting the $25 level if faced with a supply wave.
Increased Liquidity in Avalanche Network: Growing liquidity in the network suggests more significant transactions and improved network health.
Escape Velocity for $30 Breakout: The combination of market recovery, network health, and technical analysis points towards an escape velocity for the $30 breakout.
Is AVAX Ready For A Hike To $30?Bullish Triangle Breakout: AVAX signals an imminent rally post a recent triangle breakout in the 4-hour chart.
Targeting $30: With resurfacing above $20, AVAX aims for a breakout rally targeting the $30 milestone.
Market Sentiment: Altcoins exhibit bullish continuation patterns, including AVAX, in preparation for a bullish December.
Uptrend Confirmation: Daily timeframe sustains AVAX's uptrend, reflecting opportunities for short-term traders.
Sideways Movement: November's failure to breach $25 results in a sideways gear, forming a triangle pattern in the 4-hour chart.
Underlying Demand: Despite the 4-hour cool-down, Avalanche sustains momentum with higher low formations, indicating strong demand.
YTD Performance: AVAX shows 100% YTD growth, remaining poised for a bullish December run.
Market Sentiments Boost: AVAX poised to leverage improving market sentiments for further bullish momentum.
Can AVAX Sustain this recovery to cross $25?Resurgence Above $20: AVAX price trends resurface above the crucial $20 mark following market recovery from the Binance news.
Intraday Jump to $21.15: AVAX experiences a significant intraday jump of nearly 10%, approaching $21.15.
Diluting Bearish Sentiments: The Avalanche price trend is diluting previous bearish sentiments, continuing its prevailing uptrend.
Shaking Off Negative Impact: AVAX, along with other altcoins, is shaking off the negative impact of the Binance case.
Strong Uptrend Prediction: Following a golden crossover and sustenance above $20, AVAX is predicted to maintain a strong uptrend.
Market Cap Loss and Recovery: Avalanche experienced a 17.5% market cap loss, dropping from $22.85 to $19, but has since regained momentum.
Trading Volume Support: The spike in trading volume supported the quick recovery following the initial pullback.
Current Trading Price: AVAX is trading at $20.96, showing intraday growth of 0.50%, with strong crowd support evident in trading volume.
Volatility and Investor Doubt: Increased market volatility leads to some investor doubt regarding the recovery phase.
Technical Indicators - RSI: The RSI bounces back towards the overbought boundary but shows a bearish divergence, indicating potential consolidation.
Sustainability Above $20: AVAX shows signs of sustaining above $20 but faces challenges in leading the uptrend beyond $21.15.
Potential Risks and Downside: A new supply wave could break the $20 level, potentially plunging AVAX to $18.
Will AVAX Price Cross $25 Amidst High Volatility Waves?Sustained Trend Above $20: AVAX price maintains a position above the $20 mark, indicating a bullish trend continuation.
Golden Crossover and Bullish Sentiments: The golden crossover adds to the bullish sentiments, supporting the upward trend.
Potential to Cross $25 Resistance: If AVAX crosses the $25 resistance, it could reach a higher overhead resistance (specific value not provided in the text).
Strong Comeback Momentum: Avalanche demonstrates strong comeback momentum, consistently staying above $20.
Overnight Price Jump: AVAX experienced a 3.94% overnight jump, moving towards the $25 milestone.
Uptrend Continuation Prediction: The price prediction for AVAX suggests a continued uptrend for the remainder of 2023.
Unstoppable Bull Run: The bull run in AVAX price seems unstoppable, overcoming resistance levels one after another.
Increased Volatility and Trading Volume: Higher volatility is accompanied by bullish support in trading volume.
Current Trading Price: AVAX is trading at $22.42, following a 1.99% pullback after the recent jump.
Consolidation Range: AVAX is exhibiting a sideways trend, forming a consolidation range between $20-$24.
Technical Indicators: The daily RSI is near the overbought boundary, reinforcing bullish sentiment and supporting a breakout.
Potential Rise to $29.25: Post $25 breakout, AVAX could aim for $29.25, with a downside risk to $18 if it falls below $20.
Avax Long IdeaBught 3 waves back into 23.6% retacement from lows at 21.23
SL 20.00
TP1 21.88
TP2 26.00
Risk 1%
RR 2.2
AVAX vs ETHWe're near the lowest bound of the range of AVAX plotted against ETH. I think Avalanche will return to at least the highs of the range (and I feel very confident that we will move beyond the highs), which simply means for me that however long I am ETH I believe AVAX will do 5X better.
I think ETH could see at least a 5X of its own over the next couple of years and therefore I'd expect AVAX to put in at least a 25X from here.
AVAX Long IdeaAvax long
Open price @16.87
SL @ 15.40
TP1 @ 17.70 (half position)
TP2 @ 21.65 (half position)
Risk 1%
RR = 2
