AVAXUSDT.P trade ideas
AVAX USDTAVAX USDT is showing beautiful pattern of HH and HL.
TP and SL are placed.
What do you guys think, will this tp hit?
AVAXUSDT Next Target $100AVAXUSDT broke through its resistance and is now aiming for $100. Traders are excited about the surge and expect it to keep going up. With this momentum, AVAXUSDT could soon hit its target, making a big move.Despite AVAXUSDT’s upward push towards $100, it’s essential to maintain a stop loss strategy.
AVAXUSDT (1D Chart) Technical analysis
AVAXUSDT (1D Chart) Currently trading at $61
Buy level: Above $58
Stop loss: Below $47
TP1: $70
TP2: $80
TP3: $90
TP4: $100
Max Leverage 3x
Always keep Stop loss
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Avalanche Price Rallies 12% Amid Binance AnnouncementThe cryptocurrency market is abuzz with excitement as Avalanche ( CRYPTOCAP:AVAX ) experiences a remarkable surge of nearly 12%. This surge coincides with a strategic announcement from Binance, the leading crypto exchange, signaling a significant shift in market dynamics.
Binance's Endorsement Fuels Momentum:
The surge in CRYPTOCAP:AVAX price underscores the growing confidence of investors, propelled by Binance's latest move. With the introduction of a USDC-margined AVAX Perpetual Contract offering up to 75x leverage on its Futures platform, Binance aims to enhance trading options and user experience, stimulating trading activity and liquidity for $AVAX.
Expanding Trading Options:
Scheduled for March 20, 2024, Binance's USDC-margined CRYPTOCAP:AVAX Perpetual Contract opens new avenues for traders, enabling them to capitalize on increased leverage options. The 10% promotional trading fee discount until April 3, 2024, further incentivizes trading, while the Multi-Assets Mode feature provides flexibility across multiple margin assets.
Binance's Strategic Commitment:
Binance's endorsement through the introduction of the CRYPTOCAP:AVAX Perpetual Contract underscores its strategic commitment to expanding offerings and meeting user needs. By providing access to CRYPTOCAP:AVAX trading with enhanced leverage options, Binance reinforces its position as a key player in the crypto market.
Impact on Market Sentiment:
Binance's endorsement signals a vote of confidence in Avalanche's potential, driving positive market sentiment and investor interest. With increased access to CRYPTOCAP:AVAX trading and favorable trading conditions, demand for CRYPTOCAP:AVAX is poised for further upticks, potentially driving its price higher.
Avalanche Foundation's Board Expansion:
In addition to Binance's announcement, the recent expansion of the Avalanche Foundation's board has bolstered market sentiment. These developments underscore the growing significance of CRYPTOCAP:AVAX within the cryptocurrency ecosystem, attracting attention from investors and enthusiasts alike.
Current Status and Future Outlook:
As of writing, Avalanche ( CRYPTOCAP:AVAX ) price surged to $62.52, marking a significant gain of 12.73% with a monthly increase of around 50%. With trading volume holding steady and the potential for further upticks, CRYPTOCAP:AVAX continues to capture the attention of investors, positioning itself as a promising asset within the cryptocurrency market.
AVAX weekly room to runAVAX following sol has very strong momentum but is a bit behind in momentum. I redrew a full Fibonacci on the monthly and Avax approaches the golden momentum fib sooner than much of the market. My short-term price target has been smashed. I still await a correction and am very exposed to the market regardless of direction. I have stables ready to deploy if we get a harsh correction on BTC before mid April which has been my thesis.
-Next target 70$ short-term
-Medium term 86$
-Yearly, a retest of 130 or all-time-high territory
AVAX - Possible targets Long term we are bullish for avax, we do expect higher prices of minimum $60.
Having said that, this can happen in a number of ways, and we have a plan for all of them.
We currently own avax after buying at $16 and again at $23 after the breakout we collected some profits at $40 and the rest we are keeping for the next tp at $60 and lastly $100.
For now avax is holding the current level and we expect a bounce soon after some accumulation in the area shown between $35.6 and $40. We are staying long and possibly accumulating in this zone for now, there is nothing suggesting that we might break below.
If we do break below, confirm the breakdown and follow through, then we expect another 35% drawdown that would bring us back to the $22 level. If this happens most people will be bears and calling for even lower prices, we however will be accumulating even more provided that there are no macro bear signs in the total chart or btc.
So the strategy is clear, above 35/36 we are bullish and expect higher prices, below that we expect the price to fall to $22.
On the 4h a break below $40 might also give us a chance to enter with a leveraged long. This scenario would come into play if the break below $40 would be weak and stay above $35, if we then broke back above $40 and backtested it as support we would count it as a failed breakdown and a great chance to long to $60. If that does happen we will update the community and hopefully post on here.
I hope this gives you clarity. Good luck!
AVAXUSDT $AVAX $AVAXUSD #AVAXUSDT - Clean break, surging higher Break above the TL indicative of continuation of trend. expect continuation to target levels:
> TL 1 = $70 (High Probability)
> TL 2 = $85 (Very Likely)
> TL 3 = $105 (Possible)
Not financial advice. #dyor
AVAXUSDT LONG SETUP AVAXUSDT is showing a continuation pattern known as bull flag series of higher highs and higher lows and also a perfect trendline support
AVAX/USDT Bullish Reversal Potential from Support Zone? 👀🚀AVAX💎 Paradisers, pay attention as #AVAXUSDT showcases a noteworthy pattern, enhancing the likelihood of a bullish reversal from its support zone.
💎 Recently, #Avanlanchi faced a rejection at a strong supply level, and now, it's breaking lower, continuing a lower low trajectory. Despite current sell-side sentiments, an interesting development is observed where the price makes an initial upward move from a flagged zone, only to follow with a downward trend, setting the stage for a potential bullish reversal from support.
💎 Should the price breach this critical support, we could witness a significant bearish descent.
Cryptolean Avalanche AVAX Update Avalanche is facing the resistance from $60.
A bullish break-out and the daily candle closure above $60, the key daily resistance, will push AVAX price higher towards $64-$67 and higher to $72 .
A bearish dip to below $54 will result in a decline to re-test $47-$49, the key daily support.
Intraday Chart
Unable to sustain the price action above $59.40, the AVAXUSDT 4-Hour chart is having a bearish intraday pullback.
A bearish dip to below $54.30 or, even better, to $47.63-$49.61 and a bullish rejection of one of these levels could offer a long trade towards $59 and higher.
A bullish move from its current price location and a break-out of $59.40 resistance will push #Avalanche to the next target of $63.89-$66.
Support once read!
Thank you.
AVAXUSDT:Bullish Flag & Volume Surge, Over 20% Upside Potential?Hi Realistic Traders, let's delve into the technical analysis of BINANCE:AVAXUSDT
AVAXUSDT is currently demonstrating a robust bullish trend, asserting its strength above the EMA90 line. This trend is poised to persist as the price surpasses the upper trendline of the bullish flag pattern, supported by a notable increase in trading volume. Additionally, the bullish crossover indicated by the MACD Indicator further solidifies the positive momentum in the market.
With these indicators aligning, there is a favorable outlook for continued price appreciation towards our designated target. Investors can anticipate a rewarding trajectory ahead, guided by these insightful market dynamics.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Avalanche."
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Avalanche.,. Taget Avalanche can continue its growth based on Fibonacci, you may see some successive fluctuations in it. But the goals for Bahman are higher than the previous ceiling.
AVAX USDT | 1H | TECHNICAL CHARTHello traders, I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
LONG #AVAXUSDT high buyer activityLONG #AVAXUSDT from $57.3 stop loss $54.3
15m TF. The instrument is currently in the growth leaders, the upward movement structure continues, after the night spill, the price was perfectly bought off, high buyer activity appeared again + trading volumes increased noticeably locally, the price tightened under the formed cascade of highs, which retains liquidity, the removal of which I will consider, I expect to see a continuation of the long to the $ 62 mark
STRON LONG POSITION FOR AVAX!Everythig is ready for AVAX pump !!!!
Everything is clear on the chart
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avax inteligentassetBullish scenario
Resistances 56.47, 60.1 upper limit channel, 68
Bearish scenario
Supports 48.18, 41.38 in 50 ema, 38.26, 35.44 lower limit channel
AVAXUSDTAVAX has maintained a strong Trend and is presenting a long Opportunity.
Recent OB Mitigation & bullish Divergence, volume Strength.
Targets - 66.6, 82.5, 117
Avax usdtforming cup and handle pattern and making certain target probability but lets see what will market drag the price to.
Not financial advice.
AVAX 12/03/2024 Avax increased by 33%. It broke the 54.05 level. Now we can expect a pullback toward daily imbalances. After that, we can aim for higher prices. 🚀
Avalanche (AVAX): Breakout Potential and Long Entry SetupTimeframe: 1 Hour
Analysis:
AVAX is currently facing resistance at the $44.12 price level.
A breakout above this level could signal a bullish move towards the $56.40 target.
To confirm the breakout, traders should monitor the following:
BTC.D: If BTC.D is trending downwards and breaks below a support level, this could indicate a bullish trend for altcoins like AVAX.
Total2: A green candle on the Total2 indicator could further confirm a bullish move for AVAX.
Entry:
Consider entering a long position if AVAX closes a candle above $44.12.
Place a stop-loss order at $41.95.
Target the $56.40 price level.
Disclaimer:
This is not financial advice. Always do your own research before making any investment decisions.
AVAX is going to $98IMO: Next targets for AVAX for the following weeks if the bullish trend continues are $60 and $98, I think FOMO is not yet in the alts space yet...
