AVAXUST trade ideas
Avalanche / AVAX analysisThe price of AVAX is $20.7 today with a 24hour trading volume of 400 million dollars and its 95% up since last month
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.
Avalanche’s bridge has performed over $60B in transfer recently a key factor in its rapidly growing DeFi ecosystem but now lets look at the price and chart
breaking 12 resistance and down-trend was a great opportunity for scalpers to long and make some quick buck. as you see 21-22 is the next resistance and after hitting 21 we had some correction
like most asset classes the market waiting for Federal Reserve's first meeting and rate decision of 2023 so be ready for some volatility in crypto. for long term Im bullish on avax
avax next targets are 23, 25 and 27
AVAX/USDT Analysis📈AVAX has successfully formed a 'W' pattern accompanied with a bullish engulfing on the ATL(All Time Low) level,so we are expecting a bull run📈 in the coming months,AVAX to the moon🚀🚀🚀.
My key points and idea on AVAXI believe the technical analysis and patterns illustrated on the chart are clear to the trained eye. this is not a signal nor anything like that. I just wanted to share my insight here and I would appreciate any opinion from you folks. Thank You :)
AVAX) Chart Analysis: Potential Bullish Breakout from Wyckoff This analysis examines the Avalanche (AVAX) price chart, specifically focusing on a technical pattern that suggests a possible bullish breakout.
Wyckoff Accumulation Schematic:
The chart appears to be exhibiting a Wyckoff accumulation schematic. This theory, developed by legendary trader Richard Wyckoff, suggests a price pattern that can precede a significant upward move. Here's a breakdown of the Wyckoff accumulation phases:
Spring: An initial downtrend that tests support levels and identifies strong buying interest.
Selling Climax: A sharp price drop that shakes out weak holders.
Accumulation Schematic: A trading range with relatively equal highs and lows, representing accumulation by informed buyers.
Markup: A sustained price increase as buying pressure overwhelms selling pressure.
Potential Breakout:
The current price action suggests AVAX might be nearing the end of the accumulation phase and on the verge of a breakout, or "jumping the creek" as some analysts refer to it based on the Wyckoff terminology. This breakout would ideally be accompanied by increased trading volume to confirm buying pressure.
Target Price:
Based on the Wyckoff accumulation theory, the target price for AVAX could be around $87 or higher. This target is projected by measuring the height of the accumulation range and adding it to the breakout point.
$AVAX 2 more days to go before we pop imho
reclaim 7 ema and then previous range low to flip range high and initiate fomo
assuming dominance must be topping out and dixie ready to get knocked back down
afk most of the times with some low leverage trades
2 weeks of fast n furious incoming
invalidation beloow vwap or looser yet 200 ema
rsi crossing yellow band shohld help us along
got some more QI in anticipation till 4.2c
AVAXUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
AVAX weekly chart analysis
AVAX weekly chart analysis
i am highly bullish on avax chart
we are on trendline support zone
target are mentioned enjoy free ride
boost me follow me
Livermore Cylinder and Elliot WaveImagine peering into a TradingView chart and spotting a Livermore accumulation cylinder, standing tall and proud amidst the sea of price action. It's like stumbling upon a hidden treasure chest in the vast ocean of market data.
And nestled within this cylinder, you notice the graceful formation of an Elliott Wave leading diagonal, tracing its elegant path across the chart like a dancer on stage. Each wave seems to tell a story, hinting at the market's intentions with every graceful movement.
As you study this mesmerizing spectacle, your mind starts to race with possibilities. What could this mean for potential targets? Could it be signaling the beginning of a powerful uptrend, or perhaps a subtle shift in market sentiment?
The targets seem to shimmer like distant stars in the night sky, teasing you with their allure. Could the Fibonacci extension levels offer clues to where the price might journey next? Or maybe it's the historical support and resistance zones that hold the key to unlocking the chart's secrets?
Whatever the case may be, one thing is for certain: this chart is a canvas of opportunity, waiting for the astute trader to decipher its hidden messages and navigate the markets with skill and precision.
Avax finally in demandAVAX, one of my largest holdings is finally in the daily local demand zone. I am starting to add heavily here as there are multiple converging supports in this price range. We approach the 100EMA which is typically a very strong support. We are hitting the demand zone (again support) , the real like is a diagonal support. A bottomed stochastic points to a reversal soon, but this depends on BTC. If BTC gets that prehalving crash, the more brutal downside target is marked as a dashed red.
-I am not using leverage (avax is a long-term bet for this cycle, and somewhat of a risk hedge)
-I am averaging to an already large position
-I have been in AVAX since last cycle very early
-Stay safe!
AVAX / USD Looking goodLong term targeting a $600 AVAX. But if I can catch a long when this level is hit I can see us flying back to ATH's fast!
AVAX: sell in trend📊Analysis by AhmadArz:
🔍Entry: 46.22
🛑Stop Loss: 47.59
🎯Take Profit: 44.77-42.68-40.09
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
AVAXUSDT 5 % SCALPING The AVAX/USDT trading pair is currently situated within a buying zone ranging from 46 to 46.30 USDT, presenting an attractive opportunity for a scalping long trade. Scalping involves exploiting short-term price movements for quick profits, making this buying zone ideal for traders seeking to capitalize on rapid fluctuations in AVAX's price against the US Dollar.
The concept of a buying zone refers to a price range where there is a notable accumulation of buy orders or increased demand for the asset. In this case, the buying zone indicates a region where traders are showing significant interest in purchasing AVAX, potentially leading to a price increase.
Additionally, the trade strategy incorporates the principles of demand zones and trend lines. Demand zones represent areas on a price chart where buyers are likely to be concentrated, providing support for the asset's price. By aligning the trade with the demand zone, traders increase the probability of success by trading in the direction of market sentiment.
Moreover, the utilization of trend lines adds another layer of technical analysis to the trade strategy. Trend lines are drawn on a price chart to illustrate the prevailing direction of the market trend. By following the trend line, traders aim to capitalize on the momentum of the market, further enhancing the likelihood of a successful trade.
The target profit for this scalping long trade is set at 5%, indicating the desired percentage increase in the price of AVAX from the entry point within the buying zone. Achieving a 5% profit target requires careful monitoring of price movements and timely execution of trades to capture the desired profit margin.
In summary, the scalping long trade on the AVAX/USDT pair leverages the buying zone between 46 to 46.30 USDT, in alignment with demand zones and trend lines. By targeting a 5% profit, traders aim to capitalize on short-term price movements while minimizing risk. Effective execution of this trade strategy involves thorough analysis, adherence to technical indicators, and disciplined risk management practices.
AVAXUSDT.PHello Trader BINANCE:AVAXUSDT.P
possible inverted head and soulder pattern, again make a right soulder area, just net the area at 46.786 - 46.139
because that's the closest area.
but for the fibonaci area used is swing chart, you can use small leverage.
line yellow is the weekly support area that has been broken, but for mid term it can still be taken long positions
take profit 17%
stop loss 3%
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Disclamer: Not Financial Advice
AVAX buying into bigger SwingHi, AVAX is looking strong and Im buying into a further Swing Positions with clear range targets
AVAX 03/04/2024Hi folks, Avax is entering the discount area. We are currently filing the daily and weekly imbalance levels. These areas are good to accumulate. Next, price needs to go above the WO level so we can continue uptrend. 46.16 and below is good to buy. However, if we go below the previous low then we should stop our position.
AVAX ANALYSIS🔮 #AVAX Analysis 💰💰
🌟 As we can see that there is a breakdown of trendline #AVAX which indicates a bearish move. But #AVAX is trading above its major support area and if the price sustain above the support area, so a reversal could be seen here. If the price breakdown the major support area then we would see a brearish move in #AVAX
🔖Current Price --- $45.80
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #AVAX. 🚀💸
#AVAX #Cryptocurrency #DYOR
🚀📈 AVAX Spot Trade Setup! 📈🚀
🚀📈 AVAX Spot Trade Setup! 📈🚀
📊 Analysis:
Support Area: AVAX is currently within a support zone, suggesting a potential upward movement.
Market Sentiment: Positive outlook for bounce in selected altcoins.
Upside Potential: Targets set at resistance levels.
📈 Trade Plan:
Entry: Consider entering in the $40 - $45 support area.
Take Profit: Target profits at $50 - $53 or higher towards $65 - $70.
Stop Loss: Set stop loss just below $40.00 to manage risk.
💡 Note: Keep an eye on price action for confirmation of bounce and adjust strategy accordingly! Stay vigilant in monitoring market movements. 🚀📈 #AVAX #SpotTrade 🛒💰
AVAX BUYING OPPORTUNITY AT 40 - 42 RANGEAVAX broke 50 psychological level and appears to be correcting. We can expect few more correction up to 40.
SL at 35
Targets would be 58 and above.
AVAX Looking Bearish : i have shared the analysis on 55 to shortAVAX Looking bearish in 1 hour candle, when its break the channel i have given the analysis to short it, now its seem to be more bearish.
🚧AVAXUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:AVAXUSDT
AVAX has created an Inverse head and shoulder pattern which means a great bullish trend is on the Horizon. If the price follows this pattern's expected movement, we shall see it reach 47$ pretty soon or at least in short term duration. The expected movement is as much as the measured price movement ( AB=CD ) . We might even see a correction one more time before ascending further. keep in mind that the next big resistance for AVAX will be around 47$.
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✅ Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟!
⚠️ Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
AVAXUSDTHi snipers. The market is correcting. The prices are falling. We are looking for possible price reversal points. In the one-day time frame, the price has hit the moving average, which has played a good supporting role several times. The price is in an ascending channel in It is moving and has come below the midline and there is a possibility of hitting the bottom line of the channel. The analyzes are only possibilities and not a buy or sell offer.
