$avax long | $29 wave 3 min targetavax also looked primed for another waive up.
kind of an inverse head and shoulders set up.
$29 minimum wave 3 target.
should really rip
AVAXWCRO_CD1D45.USD trade ideas
AVAX 100 % gains comingWe expect that the price will get rejected at the strong resistance ($21,600 - $22).
You can short it (stop loss recommended) or be patient and wait for a price to drop into our buy zone ($10-$11). From there we expect a pump towards strong resistance again which would be over 100 % gain.
Mid-term the market remains bearish overall .
BTD...Am Currently viewing the move off the bottom as a new bullish trend and of the belief this current correction is near complete - Expecting prices to climb higher in the future - plot is done in log scale.
$AVAX 📈👀 looks like a little uptick$AVAX 📈👀 looks like a little uptick before breaking the lower low. #Crypto #Avalanche #AVAX 🚀💰💹
Avalanche/US DollarThese are levels that I'll be keeping an eye on when dealing with AVAXUSD, and I'll revise as price action progresses.
I adapt to the change in money flow.
Fundamentals:
Amazon Web Services (AWS) has partnered with Ava Labs in a bid to accelerate the adoption of blockchain technology by enterprises, institutions, and governments.
The move has sent the linked Avalanche AVAXUSD token soaring higher in recent days, outperforming even Bitcoin amid a major bull run in the biggest cryptocurrency.
.....
Seeing that price hit a significant low, potential profit margin resting above current price along with a bearish impulsive followed by a descending channel. I would wait for a break of the $20 & $30 price points and retracement for bullish precursors. We shall see...
Mapping CClear 5 waves up and currently in what appears to be C of an ABC correction - Overall this will end up being a bullish retrace and the last good buy op before prices climb much higher over time.
AVAXUSD First step into 25-26 band...AVAXUSD Let see if momentum enough for the 25-26 band till tomorrow despite negative market pressure.
Be smart; be your advisor!
📉💸 After analyzing the market, it looks like #AVAX📉💸 After analyzing the market, it looks like #AVAX cryptocurrency will be heading towards a bearish trend. #CryptoInvesting #Bitcoin 📉💸
BTD Coming...Bull retraces across the board here in what is an anticipated alt season/possible new bull cycle, Most won't even consider the possibility of crypto making new highs/doing much at all...prepare to be surprised.
AVAXUSD (4H) - Bearish reversalHi Traders
AVAXUSD (4H Timeframe)
Waiting for the downward break of 19.42 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 21.02 would cancel the bearish scenario.
Trade details
Entry: 19.42
Stop loss: 21.02
Take profit 1: 18.53
Take profit 2: 16.96
Score: 4
Strategy: Bearish reversal
AVAXUSD: Look everything on it's way up! Update !!!Low timeframe shows 'short'
but price flat (red dots) and
last 3 bars rising bars (closed bars),
so it's meaning micro wedge squeezing!
Result up/down (in order change 51%/49%).
Seems like one more steps.
Let see. Be your advisor!!!
AVAXUSD: Look everything on it's way up!AVAXUSD perfectly positioned itself specially after FTX impact on cryptocurrency market. Aiming into 30's band but possibility of some correction on 21-24 band depends on market volatility. Technical graph above to help your decision. Be your advisor!
Bull Case Scenario for AVAXAVAX is poised for significant price appreciation in the near future, making it a smart investment opportunity for those looking to tap into the growth potential of the blockchain industry. The platform's unique features, such as its scalable and secure architecture, its ability to handle high volumes of transactions, and its flexible and decentralized governance model, set it apart from other blockchain platforms and position it for growth.
Additionally, the growing demand for decentralized finance (DeFi) applications and the increasing popularity of non-fungible tokens (NFTs) are driving interest in the blockchain sector, and AVAX is well-positioned to capture this demand. With a highly engaged and growing community, and a strong commitment to developing cutting-edge technology, AVAX is poised for continued growth and price appreciation in the years to come.
Drawing supply and demand areas and possible scenarioDrawing supply and demand areas and possible scenario
AVAXUSD (4H) - Bullish breakoutHi Traders
AVAXUSD (4H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 21.82 resistance level. Only the downward break of 19.70 would cancel the bullish scenario.
Trade details
Entry: 21.82
Stop loss: 19.70
Take profit 1: 23.11
Take profit 2: 25.20
Score: 8
Strategy: Bullish breakout
Long term bullishWhat do you guys think? I see around June we could be almost 2 times where we are now?
Patience..imminent rise to $20 and then eventually $28Patience..imminent rise to $20 and then eventually $28 on this reverse avalanche setup, beyond that is $58, but short term $20 pop today very soon..
THIS LOOKS MORE LIKE A REVERSE AVALANCHE AVAX looks like it's going to do an avalanche in rewind, I anticipate a cup to finish forming around 28-30 and for a handle to retrace .382 or 38.2% in the coming week or two -- after that a break above $30 should lead us to $50+ but again, this is just my estimate what do I know..
Avax potentially breaking up from a falling wedgeIf price action can flip this green trendline to solid support the price could climb to the $28 target within the next month or 2. Fundamentally, one of the reasons for this pump is that Amazon Web Services (AWS) has partnered with Ava Labs, the company building out layer-1 blockchain Avalanche, to help scale blockchain adoption across enterprises, institutions and governments.
“Looking forward, web3 and blockchain is inevitable,” Howard Wright, VP and global head of startups at AWS, said. “No one can call the time or date or quarter that it’s going to happen and it’ll be mainstream, but we’ve seen the cycles of growth before. The velocity of this one seems like it’s accelerating and we’re just excited to be a part of this.”
The partnership intends to make it easier for individuals to launch and manage nodes on Avalanche while also aiming to give the network more strength and flexibility for developers.
AWS will support Avalanche’s infrastructure and decentralized application (dApp) ecosystem, alongside one-click node deployments, through its marketplace. The affiliation will also include Ava Labs joining AWS Activate, a program that helps startups and early-stage entrepreneurs get started on its platform. All this should lead to sustaining bullish momentum for avalanche. *not financial advice*
