AVAXUSDT trade ideas
AVAX scalp in H1📊 Analysis by AhmadArz:
🔍 Entry: Wait for a bullish confirmation around $26.80.
🛑 Stop Loss: Below $26.45.
🎯 Take Profit:
- TP1: $27.46 (Close 50% position)
- TP2: $28
- TP2: $28.88
- Re-entry: Consider around $25.00 for another position.
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AVAXUSDT Elliott Waves Analysis (Investment idea)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity.
Everything on the chart.
Nothing has changed from my last idea.
Entry zone: 25 - 20
Targets: 75 - 150 - 200 - 250
Investment target zone: 250-300
after first target reached move ur stop to breakeven
Stop: (depending of ur risk).
ALWAYS follow ur RM
risk is justified
It's not financial advice.
DYOR!
#AVAX/USDT#AVAX
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at a price of 23
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 23.69
First target 24.81
Second target 25.70
Third target 26.86
$AVAX TO THE MOON!!! We are currently in the Beginning of the Bull Market for all Crypto Coins.
You will start to see 5% to 20% gains on all coins going into October.
Keep your stop losses tight as well as moving up your stop loss 10 to 15 pips.
Good luck guys and enjoy the next 12 months of the Bull run on Crypto!!!
@OfficialPapaRico
Nice descending channel on AVAX $AVAX #AVAX #AVAXUSD #AVAXUSDTCRYPTOCAP:AVAX #AVAX #AVAXUSD #AVAXUSDT
Another nice descending channel on AVAX, I think a breakout and confirmation would provide a nice long with take profit pivots shown by the higher lows.
Without a breakout, I think downwards action will accelerate when it breaks ~19.28 support.
AVAX : Potential Reversal in MACRO TFA downtrend, or bearish trend is characterized by a few things including making lower lows and lower highs. This is evidently seen when pulling up the macro timeframe and applying trendlines towards major bounce zones or wicks.
Similarly, an uptrend is characterized by the price making higher lows, and higher highs. Currently, we are only seeing ONE of these conditions met - the higher lows. This does not mean the price cannot retrace towards the trendline. However, as soon as the trendline is lost, the higher lows is invalidated and the price remains BEARISH.
A fall UNDER the trendline would likely lead to a revisit of a wick at $17.
While you're here👀 Make sure you check out yesterday's post on 3 Alt that are bearish right now:
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BINANCE:AVAXUSDT.P
AVAXUSDT Divergence at ResistanceAVAXUSDT is currently trending downward, creating lower highs as it nears a crucial support level. After a pullback toward the resistance zone, the market struggled to sustain upward momentum, resulting in a divergence pattern. The price has since dropped below the significant 24.00 level and broken through an upward trendline, marked by the appearance of a long-tailed bar, signalling strong selling pressure. Given that the recent bullish move was a correction against the dominant bearish trend, it is likely that the market will continue its decline toward the support level. The development of a triangle pattern suggests consolidation, often a precursor to continued sideways movement. The target is the support level around 22.60
Lingrid | AVAXUSDT divergence at RESISTANCE: Short TRADE AlertBINANCE:AVAXUSDT market is currently moving downward, making lower highs and approached a critical support level. Following a pullback towards the resistance zone, the market failed to gain further upward momentum. This price action formed a divergence, and the price has since fallen below the key 24.00 level. Moreover, the price has broken below the upward trendline after the formation of a long-tailed bar, indicating selling pressure. Since the recent bullish movement was against the prevailing major bearish trend, it seems likely that the market will continue falling towards the support level. Because the formation of a triangle pattern suggests a consolidation phase, which often precedes a continuation of the sideways trend. My target is support level around 22.60
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AVAXUSDT.1DExamining the daily chart for AVAX/USDT, we see that the price has experienced a significant downward trend since peaking earlier this year. Today’s price stands at $23.57, which marks a decline of 3.24% for the day.
Looking at the technical indicators, the Relative Strength Index (RSI) is at 46.72, suggesting a relatively neutral market condition, neither overbought nor oversold. This points to a potential stabilization in price, although the market sentiment does not strongly favor either bulls or bears at this moment.
The Moving Average Convergence Divergence (MACD) indicator shows the MACD line slightly below the signal line, indicating a bearish momentum. This is further confirmed by the MACD histogram which is also trending below the zero line, signifying bearish dominance in recent trading sessions.
From the chart, we note a descending trendline that has been forming since the highs reached earlier in the year. The price is currently testing this trendline, and a decisive break could suggest a change in the current bearish sentiment. Key support (S1) and resistance (R1) levels are identified at $17.12 and $29.49 respectively. The intermediate resistance (R2) and a higher resistance (R3) are located at $37.26, marking potential targets for any bullish reversal.
In conclusion, while the current market conditions suggest a bearish outlook due to the placement of MACD and the prevailing downtrend, any bullish movements need to decisively break past the $29.49 resistance to signal a potential reversal. Conversely, a break below the support at $17.12 could accelerate the bearish pressure. Traders should monitor these key levels and watch for significant volume changes that could indicate a stronger movement in either direction.
AVAX Long Position (Potential Bounce in Conviction ZoneMarket Context: AVAX is still in a downtrend but has retraced over 60% from its previous high and is trading in a strong conviction zone. The price is setting higher lows and has reclaimed the 21-day EMA, signaling buyer strength.
Trade Setup:
Entry: Long spot position around $23.
Take Profit:
First target: $29 - $32
Second target: $40 - $44
Stop Loss: Daily close under $20.
AVAX analysis (1D)From where we put the red arrow on the chart, it seems that AVAX has entered the correction phase.
We now seem to be in the F wave.
The price can drop down soon.
If the g wave is normal, it can end on Entry 1.
But if the g-wave is extended, the g-wave can continue up to the Entry 2 range.
Risk-averse people can wait for Entry 2, and risk-taking people can enter the range of Entry 1 and Entry 2 in the form of martingale.
We have such a view on AVAX.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
AVAX Technical AnalysisAvalanche (AVAX) Analysis
Avalanche (AVAX) has been gradually recovering after a significant drop that saw the price decline from the $31.89 level down to a low of $17.29. Recently, AVAX has been trading on a support zone (Yellow) at $20.69 - $23.04, indicating some consolidation as it attempts to regain bullish momentum.
Currently, AVAX is hovering around the $23.05 mark, just above the critical support zone (Yellow) at $20.69 - $23.04. Despite this recovery, AVAX faces strong resistance near the $24.53 level, as seen in the recent price action.
While the market is showing some signs of recovery, a further downside movement towards lower support zones, particularly the $20.38 level, seems possible if the buying pressure weakens. If AVAX fails to hold above the support zone (Yellow) at $20.69 - $23.04, it may re-enter a bearish phase, pushing the price back towards the lower support level that could determine its medium-term direction.
AVAX is currently at a crucial juncture, with the potential for further downside if it fails to break key resistance levels. Traders should watch for the price holds above the support zone (Yellow) at $20.69 - $23.04 for a potential bullish continuation or a rejection that could lead to a retest of the lower support levels.