AVAX USDT PUMPGiven the formation of a new cloud, one could expect a significant price pump in AVAXUSDT, potentially exceeding $300 in the past year.
AVAXUST trade ideas
AVAX to Supply AreaAs long as BTC holds 40500 i am long on this and few more alts.
Probably can bounce to highs and new highs from here..
DCAing longs from here. 38.800 and below.
Note: Not a Financial Advice.
Avax ready for take off! T-minus 10 secsLoad up da bag
Load da bag.
You can read charts, just using price action here. No explanation needed
Load da bags lol
What are you waiting for??
Don't be exit liquidity FOMOing at the top
Load da bags :)
AVAX "Unlocking Potential: Why It's Time to Buy Now!"**Short Fundamental Analysis of AVAX**
**Overview**
Avalanche (AVAX) is a Layer 1 blockchain platform that offers high scalability, low transaction fees, and a wide range of applications. It is one of the most promising blockchain projects in the world, and its native token, AVAX, has seen significant growth in recent months.
**Key Features**
* **High Scalability:** Avalanche can process thousands of transactions per second, making it one of the most scalable blockchains in the world.
* **Low Transaction Fees:** Avalanche transactions are significantly cheaper than transactions on other blockchains, such as Ethereum.
* **Efficient Governance:** Avalanche's governance system is designed to be efficient and democratic.
* **Wide Range of Applications:** Avalanche supports a wide range of applications, including DeFi, NFTs, and gaming.
**Recent News**
* **Avalanche Foundation Grants $250 Million to Support Web3 Development:** The Avalanche Foundation announced a $250 million grant program to support the development of Web3 applications on Avalanche.
* **Avalanche Integrates with Chainlink Price Oracles:** Avalanche has integrated with Chainlink price oracles, which will provide more accurate and reliable prices for Avalanche-based applications.
* **Avalanche Successfully Deploys Stargate Upgrade:** Avalanche successfully deployed the Stargate upgrade, which introduces a number of new features, including subnets and cross-chain compatibility.
**Disclaimer**
Please note that I am not a financial advisor and this is not financial advice. Investing in cryptocurrency is risky and you could lose money. Do your own research before investing.
AVAX 1HJust a prediction, please re-analyze if you want to open position.
OP: 43.385-42.985
TP: 46.295 / 46.760 / 47.425
SL: 42.020
AVAX Intalligent Asset4 hours timeframe
The last day supported on 50 ema at 38.26
bullish scenario
The W pattern breakout of the local high in 45.22 will set a technical target to 56.5
bearish scenario
Breaking of a horizontal trend line with an 50 ema at 38.26 will lead to 200 ema consolidation with a horizontal trend line at 30.5
AVAX: Resistance BreakoutTrade setup : Bullish break above $35 key level signaled continuation of uptrend. However, price got very overbought (RSI ~ 90) and we’re likely to see it pause here on some profit taking. Nearest horizontal support zone is at $35 while the nearest Fibonacci Retracement levels (possible support) are $39 (23.60%) and $35 (38.20%). Hence, it appears that $35-$36 could be an attractive swing trade entry area in Uptrend, with upside potential to $50 thereafter.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $35 (previous resistance), then $25. The nearest Resistance Zone is $50.
Review and analysis on the daily time frame of AVAXIn the daily analysis of AVAX, we find that this token was able to make lower floors with fake out and withdrawal of liquidity, and without a higher floor in Sharpe movements, it removed all the liquidity of the level and is moving towards the supply area, which in some cases lit says to induce In the second part of liquidity, the orders should be placed in the opposite direction and close to the fake out, which can be clearly seen in the image of the order and trading nodes, which can be used to return to this area for spot purchases and counter-trend transactions.
AVAX strategy in last 2 yearStrategy S1-TM had just closed Buy order of AVAX since 23 Nov 2023. It it a good time for us to review the performance of this plan. Backtest result and properties are include at bottom of this post. Let's turn it to automatic trading.
Cheer! bullish trend for every traders.
AVAXUSDT4-hour time form AVAX analysis
The price is now 39.5$. According to the over sell area, it is expected that the support of 37.6 will decrease, and since the support in this area is strong, the price may return to higher levels and the price is 50.5$. Our main support It is 50 in Fibonacci. If this area is lost, we will witness a heavy fall.
Technical analyst: Amir Hassan Salek
#AVAXUSDT
avalanche to 235🚀 AVAX: Potential for $235 in 1.5 Years 🚀
1️⃣ Current Status: AVAX at $41.28.
2️⃣ Avalanche Ecosystem: Unique consensus, positive momentum.
3️⃣ Market Trends: Resilient, poised for growth.
4️⃣ Ecosystem Developments: Expanding with projects and partnerships.
5️⃣ Technological Advancements: Avalanche consensus sets it apart.
6️⃣ Tokenomics: Capped supply, rising demand.
7️⃣ Bullish Projection: AVAX could hit $235 in 1.5 years.
8️⃣ Risks: Stay informed about market dynamics.
🌌 AVAX's journey has just begun. Get ready for exciting times ahead! 🚀
AVAX → Avalanche Reversal Imminent!? The Tipping Point is Near.Avalanche (AVAX) is burning red hot on the charts and flirting with the idea of a reversal. Do we have the justification to short here? Or will the trend continue upward?
How do we trade this? 🤔
AVAX has three pushes up in this trend, three sell bars near the $44.00 level, and an RSI level of 82.00 and below the Moving Average. These are all signs that a trend change is coming in the near future and at the very least, entering a long position here is not justified.
It is reasonable however to capture some of the downward price action with the correct indicators. We need break below the bull channel support around the Daily 30EMA with a strong bear bar closing on or near its low. Followed by a retest of the channel support as resistance to confirm that the bull trend is over. At this time, its reasonable to scalp a short at 1:1 Risk/Reward around the $31.00 level, stop loss at $37.00, and take profit at $25.00.
It is also reasonable to go for a 1:2 Risk/Reward down to $19.00 after moving your stop loss up to your entry price and taking half profits at 1:1 Risk/Reward.
Until then it's wise to remain on the sidelines and wait for the correct signals to enter the market.
💡 Trade Ideas 💡
Short Entry: $31.00
🟥 Stop Loss: $37.00
✅ Take Profit: $19.00
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Bull Channel, Bias to Long!
2. Three Pushes up in Trend with Sell signal, Signal to Change Trend.
3. Gap to Second Push Support Line.
4. RSI at 82.00 and below Moving Average, Strong Bias to Short
5. Wait for Short Confirmation bar before entering a position.
💰 Trading Tip 💰
Probability that the price will go the direction of the trend is low at the beginning (swing trade) and end (late scalp) of a trend. Proportion your position size, risk (stop loss placement), and reward (take profit placement) to the probability of profit at your entry price.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
Avax USDT ShortAVAX USDT SHORT
Entry when H1 candle close under 38.44
Reason is that we broke the trendline, and trading below it,
Theres a Possible retest of that trendline to confirm bearish move, then if we see a break of structure and closure below 38.44 then we go short down to the liquidity levels
TP1 38
TP2 37
TP3 36
TP4 35
TP5 34
SL 46 (we might adjust SL later on)
Leverage 10x
#AVAX AVALANCHE A BIT LOWER TO GOAVALANCHE is going to 34.25 area, if this resists, we may have a bounce.
I do think we will have the following configuration:
- BTC down
- AVAX to $34.25
- Small bounce to $34
- Straight to 32 on a trend line
AVAX Rests on Key Support, Will It Break Out or Break Down?BINANCE:AVAXUSDT managed to surpass the resistance level at $37.15 within the last few days. Following this breakthrough, its price has been experiencing a consolidation phase. However, it appears that traders are currently selling off their AVAX holdings as the coin approaches a support level.
If AVAX fails to maintain a daily closing price above $37.15 within the next 48 hours, it could potentially decline to as low as $27 in the coming week. Conversely, if AVAX manages to stay above the $37.15 mark, there is a possibility of the cryptocurrency's price ascending towards the resistance level of $52.60 in the short term.
The technical indicators observed on AVAX's daily chart suggest a potential price drop in the upcoming days. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are currently displaying bearish signals.
The MACD line is approaching the MACD signal line, which could indicate a reversal towards a bearish trend for AVAX if these two lines intersect. Additionally, the RSI line recently dipped below the RSI Simple Moving Average (SMA) line in the past few days, signaling that sellers are gaining an advantage over buyers.
✅ 80$ As Midterm Target For AVAX👉 In My View AVAX Corrective Move Completed And New Bullish Wave Started From 9$ Area ,Currently The Price Playing Below The Important Trend Line,Once We Reclaim 25$ It Will My Main Buy Trigger For Midterm
Avax #avax downstream thoughts Could be happen ...
Ascending dynamic line breakout and a pull to it ...
Sencondary flipping on yellow level
⚡️AVAXUSDT CMC TRADING ⚡️ LQ GRAB ENTRY MODELIn AVAXUSDT, there has been a successful capture of Liquidity (LQ) above the point of interest, surpassing the prior high established on the left side. Subsequently, there is a retracement inside indicated by ChoCh, forming a Former Value Gap (FVG) or Imbalance on the corresponding Order Block (OB). Our anticipation involves a retracement, tagging in, and subsequently filling the FVG for an opportune short entry.
Avax to Supply Area?I usually Don't trade in this coin.
But as volatility is there and it gives me a setup and trigger.
Possibly can go to Supply area around 50 now.
Longed 41.800
Stoploss 41.300
Trade Type: Risky
Note: Not a Financial Advice.
#avax #avalanche will come the valuesAvax will reach these blue values in the short term and we will see both bull and bear.
Avalanche ($AVAX) Surges 400% in Two MonthsAvalanche (AVAX) outperforms majority of large-caps, jumps to pre-LUNA-collapse levels.
After a marvelous 30% upsurge last week, AVAX replaced Dogecoin (DOGE) as the ninth largest cryptocurrency asset.
Its upsurge is driven by a combination of long-term and short-term catalysts as AVAX outperforms almost all large-cap altcoins.
Avalanche (AVAX) price rally expands The price of Avalanche (AVAX), the core native asset of the eponymous blockchain network, set a new local high at $44 on major spot exchanges today, Dec. 16, 2023. Last time AVAX was so expensive on May 8, 2022, before the ecosystem of Terra/Luna collapsed. As such, today marks an 83-week high for the AVAX price.
Last week, AVAX became the fastest-growing altcoin in the top 20 of the largest assets; in the top 30 of CoinMarketCap it was only surpassed by Internet Computer (ICP). In the last 24 hours, $4.88 million of AVAX positions, mostly shorts, were liquidated. The largest single liquidation was registered on OKX in an AVAX-USDT short and exceeded $128,000 in equivalent.
In the last two months, the total value locked (TVL) in Avalanche-based decentralized finance (DeFi) protocols almost doubled: It soared from $487 million to $949 million. Benqi, Trader Joe, Aave and GMX are the largest and fastest-growing DeFis in the ecosystem.
