LONG AVAX LONG-TERMAVAX IMO needs to complete this triangle before moving fully into it's step curve. It ill drop consolidate then begin its journey. Enjoy!
AVAXUSDT trade ideas
AVANLANCE AVAX: Token Unlock and Technical AnalysisThis is a deep-dive analysis on BINANCE:AVAXUSDT , and it seems like sellers are going to break down the historical support and drive the price close to the listing, there is a possibility of Avax crashing to $6 short after the next unlock event.
Based on the on-chain analysis, it appears that the daily transaction count is declining, and this is an indication that there is a drop in interest from the users.
This is my analysis, and I like to know your thoughts in the comment box.
If this analysis makes sense to you, kindly follow me now, like, and support my idea.
I will continue to update you all.
Cheers!
AVAX cool off before 28$ price targetAVAX along with other alts is looking to cool off for a bit, AVAX did not get the same run as Solana because it actually has price action near the lows, SOL dumped so quickly it pretty much created gaps through multiple weeks. AVAX HV is increasing, the RSI is cooling off, this is good, more volatility, more reward. I expect AVAX to dip into this demand and bounce if BTC behaves. Short-term bearish for a few days at most.
AVAX AVALANCHEIn the weekly timeframe, we have formed a curb pattern, which at the same time hit the middle channel and caused the price to return. At the moment, by hitting the roof of the channel, we are pulling back to the neckline of the previously formed head and shoulder pattern. The suitable area for buy, is the neck line, which is indicated by a purple circle
#AVAX/USDT is trying to hold the local support zone in 1-Hour TF#AVAX/USDT is trying to hold the local support zone in 1-Hour TF!
CRYPTOCAP:AVAX needs to hold the zone to remaining bullish. Breakdown or retest below the zone we can short it.
The local resistance level is $19.8, and local support level is $15.935.
AVAX/USDT Perfect Break from the resistance. Need retesting!!💎 AVAX has unquestionably attracted significant market attention. It executed a flawless breakout from the resistance area, characterized by substantial volume and a robust green bullish candle. However, on the daily timeframe, AVAX is yet to undergo the retesting phase at the support level, which previously served as the resistance area. There's a probability scenario where AVAX engages in a retesting phase at the support before resuming its upward trajectory toward the formidable supply area, representing our target zone.
💎 Yet, there's a possibility that AVAX might skip the support retesting phase at $15.70 and directly ascend to the potent supply area, encountering a formidable bearish rejection that triggers a downward movement towards the support level.
💎 In the event that AVAX eventually reaches the support level and undergoes a breakdown, there remains a chance for a reversal. A successful bounce from the demand area at $12.30 could pave the way for AVAX to reclaim the support level at $15.70.
💎 The unfavorable scenario unfolds if, during the retesting at the demand, AVAX struggles to sustain its position and breaches the demand area. In such a scenario, AVAX would revert to a bearish movement, potentially retracing to the key demand area.
swing failure off the AVAX macro chartStars Arena about to light a fire under the AVAX chart
macro looks solid. will post more micro there if there's interest.
AVAXUSDT.1DBased on the provided market data, AVAX (Avalanche) is currently trading at $17.95 against USDT. The Relative Strength Index (RSI) for the 4-hour, 1-day, and 7-day charts are 78.40, 93.36, and 65.58, respectively. The Moving Average Convergence Divergence (MACD) for the same periods are 1.32, 1.40, and -0.83.
RSI values above 70 typically indicate that the asset may be overbought, suggesting a potential price correction could occur in the near future. The high RSI values on the 4-hour and 1-day charts suggest that AVAX is currently overbought and could be due for a correction.
The MACD values for the 4-hour and 1-day charts are positive, indicating bullish momentum. However, the negative MACD for the 7-day chart suggests a bearish trend in the longer term.
The Bollinger Bands (Bb) for the 4-hour, 1-day, and 7-day charts are 19.15, 17.62, and 18.0. The current price is above the Bb for the 1-day chart, which along with the high RSI, could indicate overbuying and a potential price correction.
In terms of support and resistance levels, AVAX has support at $15.20, $12.46, and $11.10 for the 4-hour chart, and resistance at $19.15, $22.34, and $23.00. For the 1-day chart, the support levels are $12.46, $8.81, and $8.37, with resistance at $22.36, $24.13, and $30.90. The 7-day chart shows support at $11.76, $10.50, and $7.60, and resistance at $23.00, $30.00, and $35.80.
Based on the above analysis, while there is short-term bullish momentum, the high RSI values suggest a correction might be imminent. The long-term trend, as indicated by the 7-day MACD, is bearish. Therefore, traders should proceed with caution and consider setting stop losses to protect against potential price drops.
Please note that this analysis is based on the current market data and does not take into account unforeseen future market events. Always do your own research and consider your financial situation before making investment decisions.
AVAX LongAVAX uptrend is materializing. AVAX has been following a good trend. Might Squeeze up more. The uptrend has been GOOD, you might want to wait for that resistance line to break before joining.
AVAX - Okay then here we go !!!Avax seems to have completed the first parallel channel, so it's time to wait for the second channel target!
AVAXUSDT"As we enter the bullish season, the initial target to aim for is
target : 100 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
Avax uptrend to 28$ Avax weekly chart looks a little more interesting than SOL, it approaches a resistance from Aug 2022. We just hit my first major price target that is the dashed green and my next major level is 28.2$. We need a meaningful correction here at some point, I added a demand on an interesting candle from June. I am still long AVAX but have a majority of mine now in gaming tokens to try to multiply my total AVAX.
AVAX 30m AI Indicator - PhoenixA brief history of Phoenix indicator results.
Red lines are losses
Green lines are profits.
AVAX short position after ChoChbased on smc avax did choch yesterday
so price should come up and take orders to go dw
price hit 30 min OB then create a new 30 min OB
we can trade on it
almost 6% goin dw that i use leverage 10x so i can get 60%
AVAX - ShortGood luck to everyone! This analysis is for educational purposes only and does not constitute financial advice. Conduct your own analysis before making trading decisions.
AVAXUSDT CONTINUE BULLISH MOVE TO $20When price was at $12 and below it showed a significant accumulation by and now they're letting price to move slowly which can drive price above $16 and even up $20 according to my analysis
Short AVAX (USDT)The price has reached the daily resistance level and has spend quite some time there and could not close above 14$ mark.
here is high probability short trade. I also hope that its quick.
Avax: waxing upside liquidity Just had a breakout. this is a small timeframe trade... so movement should be faster.
but it also has high chances of hittin SL as this already trading in the weekly resistance from the last bullish impulse from 8.2 $ .
but the RR is very good. so going for it. Also hedging it at the same point with a short trade too.
AVAX Avalanche Buy AreaLooking at the chart, in my opinion, the buy area for AVAX between $7.20 and $10.40 presents a great potential entry opportunity for long term investors.
This range provides a relatively wide margin for investors to consider entering a position in AVAX.
AVAX, the native token of the Avalanche blockchain platform, has shown promising growth and adoption in recent times.
The lower end of the buy area, around $7.20, could be seen as a more attractive entry point for those seeking a potentially lower risk position. On the other hand, the upper end of the range, around $10.40, may offer a higher potential reward for investors willing to take on more risk.
Looking forward to read your opinion about it!
AVAXUSDT#AVAX hits $13.00 resistance, overbought on daily timeframe; potential pullback anticipated. If rejected, next support at daily 200 Moving Average ($12.30). Previous strong performance suggests a healthy pullback for testing higher resistance levels. Stay tuned for market moves! 📊💹
#Avalanche #CryptoTrading 🚀✨
#avaxusdtWell, let's talk about this Dark horse of Crypto now days with which has been more than 10X in the just a four months.
As you see, with no proper retracements and clear Divergence in Daily Time Frame between price, Volume and momentum indicators. All signs of Trend change is here !!
Although the momentum is bullish so you need confirmation for sell but Buying is absolutely not a good idea here
AVAXUSDT short term rallyWe just shared a buy signal in our channel.
AVAXUSDT clearly shows a solid uptrend, while respecting the Fibonacci support as well as the major demand zone.
This could be a huge gainer in the coming weeks, but we are aiming for small targets right now.
