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
AVAXUSDT trade ideas
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...
AVAX Price Update#AVAX Price Update: After a successful breakout from a zone marked in green, we will see massive gains. We could take entry after 4 hours candle close above the marked zone. Always use stop-loss. Everything is on the chart.
Entry 46.29
S.L 43.87
T.P1 48.80
T.P2 51.53
T.P3 55.41
a hannelI am waiting to see the break of the solid red resistance line.
Breaking this line can give good profitwait .
The pattern of " inverse head & shoulders " can also be seen in thechart,
which I hope will be completed.
wait & watch it.
Can AVAX Climb Out of the Inverse Head and Shoulders? The AVAX/USD 4-hour chart shows an interesting development with a potential resemblance to an inverse head and shoulders pattern. Based on technical analysis, if this pattern is confirmed, it could indicate a move towards $55-$59. However, remember that the crypto market is volatile and reaching this target is not guaranteed. This is not financial advice, and other factors are crucial before investing. What are your thoughts on this potential pattern and its implications for AVAX?
AVAX: Approaching ResistanceTrade setup : Price is in an uptrend. Following a bullish break above $43 key level, price has reached our near-term target of $50 for a +15% gain. This is where price got rejected in late 2023, which makes it a significant resistance level. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $50 to signal continuation of uptrend, with + 30% upside potential to $65 next, or 2) pull back near $43 support for another swing trade entry in Uptrend with +15% upside potential back to $50.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $35 (previous resistance), then $25. The nearest Resistance Zone is $40 - $43, which it broke, then $50 and $65.
Avax breaks 50$At long last, avax is once again testing 50$, the token had a nice run back to momentum trend and claimed yet another fib with conviction. The dashed green is the next area of relevant price history.
-Short term 55$
-Medium term 70$ at the next fib
-I still expect 250-400$ this cycle
AVAX LONG Future ForecastHello friends,
With Bitcoin breaking its all-time high, we are on the verge of entering a mega bull season. While Bitcoin has led the bull run so far, and although the altcoin market has shown some upward movement, it's premature to say that the altcoins' rally has begun. I believe the real surge for altcoins will start from today onwards. AVAX, which has shown strong performance even during the pre-ATH bull season, I anticipate will continue its performance more efficiently in the coming days.
Looking at the situation technically, in the short term, we are within a cup and handle formation, and we have reached our initial target of (50.03$). If we break the target resistance, the RSI on the 4-hour and daily charts will turn into overbought territory from the 70 levels, and according to the formation, our next target will be 59.20$, triggering overbought conditions on the daily chart and initiating a new daily uptrend wave. Easily, we will reach our current resistance levels (79.91$, 99.42$, 127.38$) and then ATH (148$) levels.
Stay tuned for more gains, my friends!
Wishing you all profitable trades.
$AVAX: BREAK THE BOX Until we don't break the box, I remain undecided.
AVAX stayed in this box for some moments, let's see if the momentum of BTC will help Avalanche to go up...
Here I buy Avalanche at $47Now it's Avalanche Time
Just bought Avalanche at $47
I'm dividing all my money into all the large caps.
And now that I bought CRYPTOCAP:AVAX at $47 you know the drill
This thing won't be under $40 anytime soon and the road to 2 digits will be built from this single buy.
Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services. It aims to be something of a global assets exchange, allowing anyone to launch or trade any form of asset and control it in a decentralized manner using smart contracts and other cutting-edge technologies.
See up there.
AVAX ABC Correction PlaybookAVAXUSDT has recently encountered a formidable psychological barrier at $50, coinciding precisely with the 661.8% Fibonacci retracement level. This alignment presents an opportune profit-taking level for buyers, suggesting a potential shift in market sentiment. Traders could be inclined to initiate short positions on AVAX, possibly giving rise to an ABC corrective pattern in line with the Elliott Wave theory.
The critical factor to monitor is the adherence to the $50 level. As long as this psychological resistance holds, it signals a preparation for a robust C-Wave down, indicative of a corrective move in the broader market. Staying vigilant around this key level will provide insights into potential developments and opportunities in AVAXUSDT's price action.
AVAXUSDT Cup and Handle PatternLooks like AVAX is ready to pump!
Easy 60+ Target with Cup and Handle Pattern
AVAX: Resistance BreakoutTrade setup : Price is in a clear uptrend and broke above $43 to signal continuation of uptrend, with +15% upside to $50 next. Stop Loss (SL) level at $37.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $35 (previous resistance), then $25. The nearest Resistance Zone is $40 - $43, then $50 and $65.
Avalanche is ready for the next stage The accumulation phase of Avax has just ended
If he defeats the last resistance, he will go to the unknown land
Goodluck
#AVAX
Cryptolean Avalanche AVAX Update After a fast bearish dip to the key daily support at $37 and 100-Day Moving Average, Avalanche recovered strongly and now is trading in the bullish territory, holding the current daily support at $41.65.
A bullish move from $41.65 towards the previous local high and the key daily resistance zone of $47-$49 is very likely.
The AVAX price action with this zone will be very important.
A bearish dip to below $41.65 will result in AVAX price declining to re-test $37 and an interaction with the minor support at $39.5.
The AVAXUSDT 4-Hour chart is trying to re-claim $42.87.
A bullish move from its current price location is likely and will push #Avalanche to the key intraday resistance zone of $46.76-$48.26.
A bearish dip to below$42.87 towards $41.21 or, even better, to $39.57 and a bullish rejection of one of these levels could offer a long trade towards $46.76-$48.26 and higher.
AVAX will follow $BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole #crypto market and AVAX won't be an exception.
Like once read.
Thank you!
Ascending Reversal PatternOn the weekly timeframe the support area marked by the blue box plays a key role in supporting the price and initiating a growth phase. After the price approached this support area, we witnessed a positive market reaction and the start of an upward trend. During this uptrend, the price reached the orange-colored resistance box, which had been previously identified as a major obstacle to price growth. However, the market managed to break through this resistance level and move beyond it.
The formation of bearish candles on the chart, indicating a correction and pullback to the broken level, is considered a natural part of the upward trend cycles. This pullback serves not only as a correction phase but also as a setup for the formation of an ascending reversal pattern.
With the completion of the pullback and the emergence of signs of an ascending reversal pattern, it is anticipated that the AVAX price in this timeframe will experience significant growth. The price is expected to move towards the next resistance area, previously set as the next target
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AVAX buy setupThe price is fluctuating within a large range.
Considering iBOS and iCH and liquidity pools at the top of the range, we can expect this demand to work well.
By maintaining the demand range, it can move towards the supply side.
Closing a daily candle below the demand zone will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Bullish Cup and Handle Pattern in AVAX/USDTThe AVAX/USDT pair has formed a bullish cup and handle pattern, which suggests that the price is likely to continue its upward trend. The target price for the cup and handle pattern is 60$. The cup and handle pattern is a reliable bullish pattern, and it has a high probability of success. However, it is important to note that no technical analysis pattern is 100% accurate.
