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AVAX / TETHER Standard Futures

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AVAXUSDT.PS trade ideas

$AVAXUSDT 1DBINANCE:AVAXUSDT 1D #AVAX posts denial to fall yesterday the current level is $41.35. #AVAX recently broke UP above the month-long downward corrective price channel wherein the price fell to (-43.34%). However, it has already managed to recover more than half of what it lost UP by (26.91%) and the recovery may continue till the price hits $48. Nevertheless, it's worth mentioning that #AVAX has historically seen a lot of resistance in the zone above $48 - $54. Short Term BULLISH! Will keep tracking during and post $48 - $54. DYOR (DO YOUR OWN RESEARCH) Hit 🚀 if you guys want more pairs analysis. #AVAXUSDT #crypto #marketpdates #thesoumyoroyanalysis
Long
by THESOUMYOROY
✴️ Avalanche Wave B Is Over, Set To Move LowerI think Wave B is now over and Avalanche is set to resume moving lower. We are looking at a Zig-zag correction. ➖ Wave A is the first drop while wave B is a lower high compared to the start of wave A. ➖ Wave C should end the correction and finish as a lower low compared to wave A. ➖ Trading volume continues to decrease; ➖ The RSI already peaked; There is potential for lower prices. See the "Related ideas" below for additional information on this bearish move for Avalanche (AVAXUSDT). Needless to say, we are short for the duration of the bearish wave. Namaste.
Short
by AlanSantana
2
Avax possible bullflag The recent price action of AVAX shows a consolidation period following a strong upward move, forming a pattern resembling a flag. A breakout above the upper trendline of the flag could signal continued bullish momentum, potentially pushing the price towards targets around $37-$40 based on the flagpole height. Increased trading volume often accompanies breakouts, further strengthening the signal. Cautious considerations: Technical indicators alone shouldn't be the sole driver of investment decisions. Fundamental factors like the overall market sentiment, upcoming news events, and on-chain data for Avalanche also play a significant role. The cryptocurrency market remains volatile, and unexpected swings can occur despite technical patterns. False breakouts are also possible, where the price briefly surpasses the flag's upper trendline but then falls back, potentially leading to losses. Overall: The potential bull flag on the AVAX/USD daily chart presents an interesting opportunity, but it's crucial to approach it with caution and consider all relevant factors before making any investment decisions. Conducting thorough research, using stop-loss orders, and diversifying your portfolio are key risk management strategies in the volatile cryptocurrency market.
Long
by ParabolicP
AVAX retaking trendAVAX is back to the prior momentum trend line after the washout that alts saw. The token is one of my top 5 holdings and my strategy for this run is to take lots of my small cap profits into AVAX. I also plan on holding the majority of my stablecoins on the chain since they have native USDC. My medium term price target is 55$ right before the golden fib. There really is no price history until that point since the token went straight up and straight down through 50$.
Long
by Apollo_21mil
AVAXUSDT Elliott Waves (Investment Idea)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Main(investment) target zone: 250-300 Targets: 75 - 150 - 250 Cancellation of setup - consolidation under ~11 RR: 1 to ~35 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
1
AVAX BULLISH MOMENTUM!!!Avalanche is an open-source blockchain ecosystem created for building decentralized applications that are interoperable and highly scalable. It has a unique powerful consensus mechanism, and it’s capable of processing up to 4,500 transactions per second. The speed of transactions makes it near instant and enables it to undertake financial transactions on a global scale. The Avalanche blockchain was created and developed AVA Labs, which was founded by Emin Gun Sirer The unique capabilities of the blockchain captured interest and it raised $42 million in its ICO in July 2020. AVAX is currently in an overall bullish trend, with the market undergoing a correction phase. This correction phase is characterized by the Break Of Structure (BOS) formation following the CHoCH (change of character), indicating a bullish structure. Additionally, there is evidence of a strong bullish sentiment as reflected by the formation of a large bullish candle from the bullish Order Block (OB).
Long
by anandahaidarr