AVAX: pattern๐Analysis by AhmadArz:
๐Entry: 33.37
๐Stop Loss: 32.37
๐ฏTake Profit: 34.47 - 35.49 - 36.59 - 37.75 -38.89
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AVAXUSDT trade ideas
Lingrid | AVAXUSDT long from the bottom of the RANGE zoneThe price perfectly fulfilled my previous idea. It hit the target level. BINANCE:AVAXUSDT has rolled back towards the support level, where it has been bouncing off the zone between 30-31, forming a consolidation area also known as an accumulation phase. As we can see, the price is currently testing the bottom of this range, which suggests that it may be poised to move up to the top of the range. On the daily timeframe, we can observe that price action has created a few doji candles, indicating a loss of momentum as it approaches the support level. I think that the price may drop slightly before establishing new higher lows. My expectation is that the price will retest the middle of this significant consolidation zone, which has been respected many times in the past. My goal is the resistance zone around 36.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ๐ฉโ๐ป
AVAX Big Move Alert: Will it Surge to $43 or Plummet to $29?AVAX is lingering around the key daily support zone around $33.76.
Avalanche has to reverse bullish and move towards $43.21.
A break-out of $43.21 will make AVAX bullish in the daily chart and we will see a move to $54.35.
Below $33.76, bears will push price towards $28.67 and, possibly, lower to $22.62.
๐ $AVAXUSDT faced rejection at $39.92 and is now consolidating ๐ BINANCE:AVAXUSDT faced rejection at $39.92 and is now consolidating towards crucial support at $27.24. ๐ Keep a keen eye during this consolidation phase. ๐ Anticipate potential bounce or breakthrough at the $27.24 level. Stay sharp! #AVAX #CryptoAnalysis ๐
Avalanche (AVAX): Possible Touch To Lower ZonesAvalanche is trading inside a nice sideways tunnel, jumping from one side to another without any attempts to breakout or breakdown.
We are now looking for a possible touch to the lower side of the sideways tunnel, from where we will be looking for a potential buy-in!
Meanwhile, we see a good rejection from 100EMA and a possible good further movement to lower zones here, and even a potential breakdown as well!!!!
Swallow Team
๐๐ AVAX Long Trade Analysis ๐๐ผTrade Overview:
AVAX is potentially poised to break out of a level of resistance, offering an opportunity for a long spot trade.
Trade Setup:
Entry: Enter into a long spot trade at the break of the top of the range area of support of $35.75.
Take Profit: Target profit levels at $40.50 - $45.00 and the next resistance area at $50.00 - $53.00.
Stop Loss: Set the stop loss just below $34.00 to manage risk effectively.
๐๐ก๏ธ Exercise caution and closely monitor AVAX's price movement for trade management! #AVAXTrading #CryptoAnalysis ๐๐
Avax long, looking strongAvax looking good!
Break of daily trend and a retest of the break could be a nice entry.
We also have support (and could see bounce) from 20 and 200 Moving average.
Avax is in a good position to starting a new wave.
With some help from BTC, this could be a killer entry.
Non financial advice - but for me, DCA or trade are both good options.