Avax daily chart analysisAvax daily chart analysis
until we are in a grid trend is our friend expecting soon again 40$
keep printing money
cheers
AVAXUST trade ideas
Avax accumulationAVAX has been in the weekly demand zone for a while and continues to accumulate. Once BTC has this next leg up I expect alts to go on a massive run alongside Eth. A retest of 60$ is imminent, but we need BTC to actually break out of all-time highs here. I do expect this to happen in under 2 weeks. Volume is very low, we need an ETH pump first.
AVAX Long Trade SetupCurrent Situation:
Price Level: AVAX is trading at a support level of around $36.00, offering a good opportunity for a long trade.
Trade Strategy:
Entry Point: Enter a long position around $36.00.
Take Profit Targets:
First Target: $40.00 - $44.00
Second Target: $50.00 - $53.00
Stop Loss: Set just below $34.40 to manage risk.
Summary:
AVAX is at a strong support level around $36.00, presenting a good entry point for a long trade. The take profit targets are set at $40.00 - $44.00 and $50.00 - $53.00, with a stop loss just below $34.40 to protect against potential downside.
Avalance AVAX has breakout from the 4 hours resistance, higherAVAX current price is USDT13.40 as of 10 November 2023. The price action has not only breach the 4 hours resistance line but has a successful 8.4% breakout in 4 hours charts.
The price will most likely rise up until the next resistance level of the 1 day chart at USDT25.53. There is another USDT12.13 to gain in the 3 coming months. This is about 90.5% profit in few months time. Trader should buy and hold currently until reach USDT25.53 or when there is a strong headwind appear for cryptocurrency.
Currently the strong tailwind for cryptocurrency is the Grayscale BTC ETF to be approved by SEC soon withing this year or early next year. Also, the next year April 2024 BTC halfing is also the strong tailwind.
Currently there is no strong headwind for this token or cryptocurrency in general.
Avalanche (AVAXUSDT) Trade SignalDirection: Buy
Enter Price: 35.03
Take Profit: 36.01333333
Stop Loss: 34.30333333
Justification:
The recommendation to buy AVAXUSDT at an entry price of 35.03 is based on a comprehensive analysis using the EASY Quantum Ai strategy. This strategy leverages advanced artificial intelligence models to predict market trends and identify potential profitable opportunities.
Key factors influencing this buy signal include:
1. Positive Momentum: Recent price movements have indicated a bullish trend, with increasing market interest and upward momentum that suggests further appreciation.
2. Technical Indicators: Key technical indicators such as moving averages and RSI (Relative Strength Index) support a buy decision, showing oversold conditions that are reversing.
3. Market Sentiment: Sentiment analysis from news, social media, and market data reflects positive sentiment towards AVAX, contributing to the anticipated price increase.
This forecast suggests a strategically favorable entry point at 35.03, with a take profit target set at 36.01333333 and a stop loss positioned at 34.30333333 to manage risk. The use of the EASY Quantum Ai strategy ensures data-driven decisions for optimal trading outcomes.
AVAX has successfully broken the downward trendlineCurrently, the price of AVAX has successfully broken the downward trendline. If the price stabilizes at this level, returns to the specified ranges, and receives confirmation, we can accompany the price movement until it reaches the sell zones.
AVAX Analysis: Correction before RocketingAVAX is about to undergo a correction before reaching higher levels, surpassing its previous ATH of $120 and potentially setting a new all-time high at $1,300 IMO.
AVAX Analysis and Signal on 4HAVAX Analysis and Signal on 4H
🔵Entry Zone 35.00 - 35.96
🔴SL 33.48
🟢TP1 38.68
🟢TP2 41.42
🟢TP3 43.66
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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$AVAXCouple of ideas, swept the liquidity formed a BPR (Balanced Price Range)
Would be looking to bid that for a long targeting the EQH.
AVAXUSDT Buy setup We have bullish signal on AVAX H1 chart. This time risk reward is 1:5, Price retested strong demand zone. On H1 candles bulls showed their power, normally this kind of bullish OrderBlocks makes good moves on the market. Good luck!
Avalanche (AVAX): Possible Rejection From EMAs (100&200)Avalanche has had a nice rejection and now broke also EMAs (where price is currently re-testing them).
We are waiting for that rejection to be successful, which would result in further movement to lower zones, towards the support zone.
Swallow Team
AVAX - CAME TO GLOBAL RESISTANCEAnalyzing the chart, it becomes obvious that the price is trading within the global resistance zone spanning from 44 to 56.
Given this context, it is wise to look for attractive short-term setups, as they are quite reasonable at this stage.
The initial target could be to remove liquidity behind the wick (x) at 27.24, and further targets could be to fill the imbalance on the daily timeframe (FVG) around 23.70.
The third target involves withdrawing liquidity at 18.90(x) and then targeting a significant imbalance (FVG) over a one-week period.
Here we can already start looking for good setups in the downward movement, we are waiting for our confirmation!
22/5/2024 AVAX Long TradeBy looking at 1D, we can see that AVAX was in Consolidate Area from 13/4 - 20/5
The Top and Bottom of the Consolidation Area is label with ORANGE line.
Finally, Avax has breakout the resistance of consolidation area.
Long Plan:
Entry 1 : 39.45 (Resistance become support) 50%
Entry 2 : 37.65 (Theoretically, This is where price could form a Higher LOW, White line) 50%
*I couldn't choose which entries is the best, so I pick BOTH
CL : within the Consolidation Area, Below 37.2 (add 2-3% buffer)
TP Zone : 47.63 - 50.74
(4H Looks)
AVAX/USDT upward momentum from descending resistance breakout? 💎 Paradisers! Keep a close watch on #AVAXUSDT as it shows strong indications of a bullish continuation following a breakout from its descending resistance.
💎 Reviewing recent movements, #Avalanche has effectively broken above its descending resistance and is now positioned for a rise starting from the demand level at $36.72. If it can maintain this momentum, we expect a vigorous advance toward higher levels, although some initial resistance might provoke a significant uptick.
💎 It’s crucial to consider that if the price struggles to maintain momentum at the current demand level, it could signal a softening of the bullish scenario. In such an event, we are prepared to capitalize on a bullish rebound from a lower support level at $35.11. The substantial liquidity at this level indicates that CRYPTOCAP:AVAX could mount a strong bullish recovery. Nonetheless, a breach below this demand level could lead to a notable decline in price.
MyCryptoParadise
iFeel the success🌴
AVAX LONG! Potential Swing Play to the upsideAVAX Long Position. on the 4-hour chart we see the wick is bouncing off of the 50 moving average. Confirmed the position with the Stock RSI indicator crossing over. Most Cryptos will be extremely Bullish Today. Also US30 stocks have a potential push as well, including Boeing.
It is possible we could see a huge wick to the downside so minimize your lot size for example, if you have a $10,000 account, minimize lot size to .10 lots on a 100:1 account.
place 2 x .05 lots.
STOP LOSS @ 35.15
TAKE PROFIT @ 40.53
ENTER NOW @ 37.14 or at US open for better entry.
Avalanche (AVAX): Possible Zone Of Rejection / IncomingAvalanche had broken the 100EMA with a nice and steady upward movement here, which is now approaching the 200EMA threshold zone.
We are looking for a potential movement to lower zones near the current market price, which has also led RSI into the overbought zones.
If we see a nice rejection here, we will see further downward movement!
Swallow Team
AVAX/USDT It looks fake out, is need reclaim for back to upward!💎 Paradisers, #AVAX is indeed a coin worth monitoring closely.
💎 It has experienced a fakeout, indicating uncertainty in the market. This could lead to a potential test of the OB (Order Book) to gather liquidity before attempting to reclaim or break the resistance level for continued upward movement.
💎 However, if AVAX successfully reclaims the price above the resistance without testing the OB first, it may signal strong bullish momentum, potentially leading to a move towards the supply area around the $47 level.
💎 Breaking through the supply area is crucial to confirm a bullish trend reversal, indicating further upward movement for AVAX.
💎 Conversely, if AVAX fails to break through the supply area and experiences a strong rejection, the price may retreat and test the support level around $39.8, which previously acted as resistance.
💎 A concerning scenario would be if AVAX fails to bounce upon reaching the OB area, potentially leading to a breakdown and a move towards the key support level.
💎 In such a case, a bearish invalidation would occur if AVAX breaks below the key support level and the daily candle closes below it, signaling a continuation of the bearish movement with potential further downward momentum.
MyCryptoParadise
iFeel the success🌴
Avalanche (AVAX): Fakeout Or Breakout?Avalanche is still trading inside those zones where a recent touch to upper resistance has resulted in a nice breakout of EMAs and also a fakeout near the resistance zone.
We are looking now for a possible movement to lower zones here, but before that, we need to secure those EMAs.
Swallow Team
AVAXUSDT 23 May 2024 ( Result : Stop reached ) As a matter of fact , Avax has rosen after hitting our stop loss and that a little bad luck !
But we keep going forward and make the most out of market !
avaxavax technical analysis basically on elliott waves Principles
avax can be grow to 128$
wait and watch
🔥 AVAX End Of Accumulation, Bulls Rejoice!After a month of trading below the diagonal purple resistance line, AVAX has finally broken out. The break out was accompanied with high volume, further reinforcing the bullish narrative.
My expectation is that there's going to be some kind of altseason in the coming weeks, boosted by Ethereum's ETF optimism.
For now, the signal on chart is my bet.
AVAXUSDTBINANCE:AVAXUSDT
it seems we've formed a bullish trend with three upward waves and created an ascending channel on the daily timeframe. After the wave C, we experienced a downward move, breaking the bottom of the ascending channel. Additionally, we now have a bearish divergence between the highs A and C and the current situation finds us standing at the previous B bottom before wave C.
So If we break this support we might head towards retesting the $20 support
or retesting the descending channel between the price range of $42 to $43.
to see what unfolds.
