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AVAXUSDT trade ideas

✴️ Avax Super Hot Right Now (Short-Term Targets = 80-140%)This chart is super hot right now and displaying a very strong signal/pattern, the rounded bottom. AVAX is trading within a long-term higher low (now vs Dec. '22). Today's session is showing bullish momentum as prices break to soon close above EMA10. I like this chart for a short-term trade. By short-term I simply mean that I expect this to move fast, within 30 days. Note: Things can always change so it is wise to prepare for all scenarios. To conclude, I see an easy 80% jump happening with additional growth possible, the targets being clearly defined on the chart. Namaste.
Long
by MasterAnanda
7
AVAX: Overbought at ResistanceTrade setup : Bullish break above $25 signaled continuation of uptrend and price has surpassed our target of $30 near-term. However, price is now very overbought (RSI ~ 75) just as it reached that $35 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking. Previously, price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance. Support and Resistance : Nearest Support Zone is $25.0 (previous resistance), then $22.0. The nearest Resistance Zone is $30.0, which it broke, then $35.0.
Long
by altFINS
3
AVAX INCREASE VOLUME ( READY FOR NEW BREAK)Thank you for reading this update. Depending on our study we see that AVAX has a good chance of volume increase. This updates depending on day trade, And the market should confirm with time the right market way. AVAX is known as building coins and it can show in the coming time frames a break. We looking to the $13-14 level where the break can start. $17 is an important level in combination with $21.40 We know this coin from the historical increase that started at JULE 2021 with $9.70 and ended in NOV 2021 with $146 SINCE THIS COIN IS UP $10 it entering a high-volume area. #Nottradingadvice
Long
by SatochiTrader
3
AVAXUSDT - Quick chart Idea - Possible breakout to the upsideHi to all TV people, this is a quick chart idea. By looking it looks bullish. I would trade only after a retest of this possible breakout. First need to break through resistance. Upside target could fail only on a breakout on downside of this triangle. Trade is a matter of probability, but it's safer to trade reacting on a price action not trying to anticipate patterns. This is my idea, not financial advice. Always DYOR. ShadowPlayer.
Long
by ShadowPlayer
Avax Target - Good short entryAVAX analysis - Elliott Wave Perspective After an impulsive uptrend, Avax seems to be losing momentum and consolidating. Now that it has reached its highest points, it may be time for a wave of downward movement. According to the Elliott Wave perspective, AVAX is currently in the final wave of an impulse wave. This means that we will soon see a correction, but there will still be one last upward move. I am personally taking a short position between $28.00 and $28.50 for the following reasons: - 1 to 1 extension of wave 1 - 1.618 extension (expanded flat) - Bearish divergence (RSI) - Correlation Main count BTCUSD (Related ideas) It is important to note that the Elliott Wave perspective is based on historical price movements and patterns, and future price action can never be predicted with absolute certainty. Markets can be volatile and unpredictable, so it is always wise to trade cautiously and manage your risks. Remember, financial markets are inherently volatile, and investing is always a personal choice. It is crucial to conduct thorough research, carefully assess your risk tolerance, and form your own judgment before making any trading decisions.
Short
by BeCryptosignals
4
#AVAX/USDT 4h (ByBit) Ascending trendline breakdownAvalanche lost 50MA support and seems to be heading towards 200MA. ⚡️⚡️ #AVAX/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (2.7X) Amount: 4.9% Current Price: 20.800 Entry Targets: 1) 21.465 Take-Profit Targets: 1) 15.010 Stop Targets: 1) 24.700 Published By: @Zblaba CRYPTOCAP:AVAX BYBIT:AVAXUSDT.P #Avalanche avax.network Risk/Reward= 1:2.0 Expected Profit= +81.2% Possible Loss= -40.7% Estimated Gaintime= 5-10 days
Short
by TradingOn
2
AVAX/USDT Bullish Prospects A Closer Look? 👀 🚀Avalanche💎 Paradisers, let's delve into the intriguing dynamics of AVAXUSDT. The recent shift from supply to demand zones indicates a strong likelihood of a bullish trend. 💎 Reflecting on its historical pattern, AVAXUSDT has consistently overcome its descending channel, leading to upward movements. Currently, with the transformation of supply into demand, there's a heightened chance of embarking on a bullish journey from this newfound demand level. The primary expectation is a breakthrough of the formidable resistance at 21.93, followed by a move to counteract the bearish Order Block (OB). 💎 On the flip side, if AVALANCHE struggles to maintain its upward momentum, a bullish strategy from the demand level of 15.19 may come into play. At this juncture, while some newcomers might resort to panic selling, the key is to wait for a definitive break below this demand level before making calculated trading decisions.
Long
by MyCryptoParadise
AVAX: Resistance BreakoutAvalanche (AVAX) technical analysis: Trade setup : Bullish break above $25 signals continuation of uptrend with upside potential to $30 near-term. Stop loss at $24. Previously, price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. 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 $22.0 (previous resistance), then $18.3. The nearest Resistance Zone is $25.0, which it broke, then $30.0.
Long
by altFINS
Avax testing breakoutAvax has been heavily rejected on this fib with a few fakeouts already. After the emissions yesterday I expected the token to drop more but the dip was bought pretty aggressively. I noted a contracting RSI, I think we are about to see a big move like we saw a few months ago. If this fib can be flipped to support 23.51$ is soon and and then 28$ which was my medium term target to begin with. I added a local demand since the token is ranging. I am net long spot.
Long
by Apollo_21mil
AVAX: Pullback in UptrendAvalanche (AVAX) technical analysis: Trade setup : Bullish break above $22.00 signals continuation of uptrend with upside potential to $26.00 near-term. Stop loss at $19.50, prior swing low. Previously, price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Subsequently, price spiked as high as $24.70 but failed to hold that as traders began to take profits (selling pressure). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $18.3 (previous resistance), then $16.0. The nearest Resistance Zone is $22.0, then $26.0.
Long
by altFINS
Potential Market Retracement on the Horizon: AVAXCRYPTOCAP:AVAX Potential Market Retracement on the Horizon: A Closer Look at AVAX 🌐📉 Traders and investors, our market analysis suggests a pivotal moment ahead. There are growing signs indicating a possible retracement in the broader markets, and AVAX seems to be mirroring this sentiment. While the markets have shown resilience, the technical indicators now point towards a period of consolidation and potential pullback. This could be a crucial phase for AVAX, as it aligns with broader market movements. As we navigate these choppy waters, it's essential to approach with caution. For those closely monitoring AVAX, this could be an opportune moment to reassess positions and strategies. Remember, market retracements are natural and healthy for long-term sustainability. They offer moments to recalibrate and strategize for future market phases. Keep a close eye on key support and resistance levels, and stay attuned to market news and developments. As always, informed decisions and risk management are your best allies in these market conditions.
by MaestroAI