AVAX 12h Hidden bull div + EW Wave 5 + R1 monthly pivot pointAVAX 12h parallel channel with hidden bullish divergence and eliot wave wave 5 start. On the way to monthly pivot point R1 :-)
AVAXUSDT.P trade ideas
Let's seeHey traders! I will wait the direction here, maybe downwards should be healthy and a great oportunity to re-enter the market.
AVAX Gearing Up: Liquidation Pool Unveiled as Catalyst for PUMPAvalanche (AVAX) has orchestrated a compelling narrative on its 4-hour chart, crafting an extensive pool of liquidity beneath a crucial horizontal support level. As equal lows paint the canvas, anticipation mounts for the withdrawal of this liquidity, acting as a powerful propellant for AVAX's upward trajectory.
Key Elements of AVAX's Strategic Liquidation Pool:
Strategic Liquidity Pool Formation:
AVAX on the 4-hour chart has meticulously formed a substantial liquidity pool beneath a horizontal support level.
This strategic formation holds the potential to serve as a launchpad for a significant move in the upward direction.
Equal Lows as Precursors to Potential Ascent:
The emergence of equal lows in the chart designates a level playing field, suggesting equilibrium between buyers and sellers.
This equilibrium, when disrupted by the withdrawal of the liquidity pool, could serve as fuel for AVAX's ascent.
The Unveiling Drama - What to Watch For:
Strategic Withdrawal of Liquidity:
Traders and investors are keenly watching for signs of a strategic withdrawal of liquidity beneath the crucial horizontal support.
The removal of this liquidity acts as a catalyst, providing the necessary momentum for AVAX to ascend.
Fueling the Ascent:
Equal lows, indicative of a balanced market, set the stage for a potential breakout.
As liquidity is drawn, it unleashes the fuel needed for AVAX to surge higher, potentially initiating a sustained upward trend.
Strategies for Traders:
Observing Liquidity Withdrawal Signals:
Traders should closely monitor the charts for signals indicating the strategic withdrawal of liquidity.
Confirmation of this event could serve as a pivotal moment to enter or adjust positions.
Understanding Equal Lows Dynamics:
Recognize the significance of equal lows as a precursor to potential market equilibrium.
Utilize this understanding to gauge the impending direction of AVAX and adjust strategies accordingly.
Conclusion: AVAX's Liquidation Symphony and Ascent Anticipation
AVAX's strategic formation of a liquidity pool beneath a crucial support level, combined with the equilibrium depicted by equal lows, sets the stage for an intriguing market symphony. Traders and enthusiasts eagerly await the drama's climax as liquidity is withdrawn, potentially unleashing a powerful ascent.
🚀 Catalyst of Liquidity | ⚖ Equal Lows Dynamics | 📈 Fueling the Ascent
💬 Share your insights: How do you interpret AVAX's liquidity dynamics, and what strategies are you employing as the drama unfolds? 🌐✨
$AVAX: Avalanche is finished? on the support?On my opinion, Avalanche finished on the support, will not go lower expect if the whole market dips.
I stay flat for now.
AVAX short term triangle - long opportunityA short term long opportunity seems to be in the books.
Invalidation under the support trend.
AVAX → Avalanche Making Another Attempt to Break $50? Yes!AVAX pulled back 37% from its recent high just at $49.85, a strong pullback that brought pause to the bulls until now. Is this the time to enter a long trade?
How do we trade this? 🤔
The answer is almost! We have several market indicators that point to a 1:2 Risk/Reward trade near this price area. We have three pushes down in our pullback from $49.85, 3 failed attempts to make lower lows in a trading range, and an RSI that is low and above the Moving Average; Bitcoin as a market indicator is showing signs of making another attempt toward the upside as well. We're 15% away from the Support zone with plenty of runway before hitting the previous high at $49.85. These are optimal conditions for a long trade.
Take half profits at 1:1 Risk/Reward, a price target of $39.50, then move the stop loss up to the entry price to lock in profits for the second take profit. This eliminates initial risk and allows the second half of the trade to be executed without the fear of loss.
💡 Trade Idea 💡
Long Entry: $34.50
🟥 Stop Loss: $29.50
✅ Take Profit #1: $39.50
✅ Take Profit #2: $44.50
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Three pushes down in the pullback from $49.85
2. Three failed attempts to break a new low in the trading range
3. 15% away from the Support Zone and 37% away from the previous high of $49.85
4. RSI at 48.00 and above the moving average which are ideal conditions for a long
5. Bitcoin showing signs of a move toward the previous high
💰 Trading Tip 💰
Trends typically have 3 pushes in either direction before a trend change begins. Along with other market indicators, creates a situation to look for counter-trend trades because the probability of profit is high enough.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
Complete Reset on AVAX I originally thought there would be a complete breakdown on AVAX down to 29ish but with ETH showing strength and many alts Rallying. This wedge and contraction looks more bullish than bearish. Volume and RSI have dropped precipitously. Will we get another explosion like we saw last wedge with this much contraction and consolidation? I am buying here, I sold my ETH based MATIC that took a few days to unstake and right into AVAX. My timing might not be perfect but happy to cut underperformers for what I think will be a huge year for AVAX and some other key players.
AVAX: Pullback in UptrendTrade setup : Following a bullish break above $35 key level, price reached our target of $50 resistance. However, price got very overbought (RSI ~ 82) and price has pulled back on some profit taking. The nearest horizontal support is $35 while the nearest Fibonacci Retracement levels (possible support) are $38 (38.20%), $34 (50%), and $31 (61.80%). Hence, pullback to $34-39 support zone could be an attractive swing trade entry area with upside potential back to $50. Stop Loss (SL) at $32 (just below prior swing low).
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $35, then $25. The nearest Resistance Zone is $50.
AVAXUSDT # 001 ( * Overview * ) Hello dear traders.
Good days .
On monthly Bullish Gann Square , after finish 1st weekly Gann Square Time frame , AVAXUSDT starts upward move to proceed 2nd Gann Square which is contain 3rd crazy Elliot wave move .
In detail move will updated .
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
AVAXUSDTAVAXUSDT is trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price is trading at the apex of the triangle and is about to give the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 41.2.
What you guys think of this idea?
AVAX - LONGI am not a professional
However,
I love to trade
I am long AVAX
I believe AVAX is consolidating collecting huge buy pressure, showing major support at $35.319, I believe A close above $36.122 will make this trade more bullish. A close below will indicate more time is needed into the trade.
I am long and will enter another position considering the Daily close above $36.122 and 4hr close above 50 MA.
AVAXUSDT is BearishAVAX is currently exhibiting bearish character on 4H time frame. It is making lower highs followed by lower lows. The trend was initiated by appearance of bearish divergence, and since then a bearish rally is continuing. Targets are mentioned on the chart.
AVAX Technical Analysis• The AVAX price has advanced to a point where it has now breached its initial resistance area upwards, and we are observing pullback candles.
• Keep in mind, following the pullback's completion and the emergence of bullish patterns, the subsequent resistance zone becomes reachable.
(All analyses will be updated)
This analysis is informational, not financial advice.
AVAX swing long ideathat's what I'm seeing for CRYPTOCAP:AVAX
seems very interesting
would be bullish if these scenarios happen
educational purpose only
NFA
opportunity to go long or short in AVAXUSDTguys there is an opportunity to go long or short if the price breaks and closes below or above the support line and can aim the recent swing low or high and i have also used fib to predict where to set the take profit for both long a short position, for long position you can set your TP at the above arrow and for short position you can set your TP at the down arrow
AVAXUSDT 4h falling wedgehi traders
The price of AVAX has been forming a falling wedge. It touched the horizontal support as well.
Once we get a successful breakout, the price should go towards 40,70 - 41,50 usdt.
If the horizontal support fails, the wedge will break to the downside and the price could drop as low as 27 $.
Be ready for both scenarios.
Good luck
Bearish Flag PatternBearish flag pattern on the 4 Hour
We have Hidden bullish activity on the 4 hour and at the bottom of the trend so we may go back up to complete the third touch.
An engulfing candle either way will confirm it
AVAXConfluence of support two trendlines. Expect another pump from CRYPTOCAP:BTC to 49K area pumping AVAX into 42 range.
AVAXUSDT 4H IDEAHello guys,
Chart is really clear. As you can see if price can stay red line we will see like yellow line movement. Avax made a perfect rises and a little tired. If it can consolide here. Probably these areas can be entry zone. Careful if it starts to close red line we may see lower targets.
Good luck to everyone.
Always make your own analysis and risk management. This is not a financial advise.
✴️ Avalanche Prepares To CrashAvalanche produced a nice 480% bullish wave after hitting a low in September 2023... Pretty nice I should say.
➖ We can see how the volume on 11-December is lower vs 16-November.
➖ Until the top of wave 3 volume is rising.
➖ Wave 4 through wave 5 and now the correction (ABC) volume is dropping.
But the most revealing signal of all is the inverted cup or rounded top pattern, this signals that the top is in.
There can always be one final jump, one last surprise move before the correction truly starts but here the rounded top is quite telling and indicates that it is over.
AVAXUSDT also managed to close and stay below EMA21 on the daily timeframe.
👉 A crash or correction is about to happen... It should end in a higher low compared to September before long-term growth.
Namaste.
Avax/Usdt Trading Idea 💹AVAX/Usdt is currently showing bullish signs 📈. The market structure has turned into a bullish pattern, and the price is retracing to test a new demand area 🔄. This could signify a potential upward movement. I anticipate a rise in price from this point, potentially ranging between 15-30% 📈🔥.
Remember, this analysis is not financial advice ❌📉. Always conduct your own research (DYOR) and make informed decisions. Happy trading! 💪💰📊
AVAX: Pullback in UptrendTrade setup : Following a bullish break above $35 key level, price reached our target of $50 resistance. However, price got very overbought (RSI ~ 82) and price has pulled back on some profit taking. The nearest horizontal support is $35 while the nearest Fibonacci Retracement levels (possible support) are $38 (38.20%), $34 (50%), and $31 (61.80%). Hence, pullback to $34-39 support zone could be an attractive swing trade entry area with upside potential back to $50. Stop Loss (SL) at $32 (just below prior swing low).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $35, then $25. The nearest Resistance Zone is $50.
