Avax BreakoutIf price breaks out of the symetrical triangle to the upside, breakout target redline which has served as support/resistance.
AVAXWCRO_CD1D45.USD trade ideas
Avalanche: Bounced Off ⛹️♂️AVAX bounced off the upper edge of our blue Target Zone (between $50.42 and $41.83). Although the low could already be in place, we still primarily assume a deeper dive into our Zone before the low of the blue wave (ii) is set. Traders could use the range to open long positions. To minimize risk, they could place stop orders about one percent below the lower end of the range. A drop below the Zone would trigger our alternative scenario (27%), which still sees the price in the turquoise-colored wave alt.2. This move would reach the same-colored Target Zone (between $29.30 and $17.48).
AVAXUSD $104 is the minimum target on this run.Avalanche (AVAXUSD) has been trading within a Channel Up since the October 19 2023 Low and at the moment is halfway through its 2nd Bullish Leg of the sequence. So far it has been replicating to a fair extent the previous Leg, trading above the 1D MA50 (blue trend-line), which shouldn't be touched again before the next peak.
If it continues to repeat the sequence, then we can see $155 as a peak (Higher High), since the previous leg topped at around +470% from the bottom. We take a more conservative target however, aiming for the April 02 2022 High at $104.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Long AVAXTargeting $60 with profits along the way. Neckline on this Cup and Handle pattern has been broken and we have a good entry price here at $42. SL will be just below $40 with a rrr of 5.8.
AVAX long idea @ 48.50AVAX 3 waves back into resistance. Buying the dips
Open 48.50
TP1 @ 53.32
TP 2 @ 68
SL @ 42.43
Avax Long idea @ 54.44AVAX broke above 50's (Wave 1 from 9'ish lows) and opend the room for a wave 3 with a minimum extension to the 68 area. From 27 (Wave 2 ) it is developing a 5 waves structure to the upside that could reach 63 area before a bigger pullback happens. Actual retracement should reach 23.6-38.2% of waves 2 so we try to jump in wave five with the following setup: Open @ 54.44; T1 @ 56.23; T2 @ 64; SL @ 51.60
AVAX LONG OOPORTUNITY | $46 SOONA symmetrical triangle is forming on CRYPTOCAP:AVAX 2HR chart. This pattern has a high probability for an upward breakout with current market alt coin conditions ( CRYPTOCAP:TOTAL3 up 1.4% today). Price target is $46 which is a 6.68% gains from current levels. Wait for confirmation and jump in.
DYOR and bring homes those gains!
2 potential targets for for AvalancheThe smaller one is actually an inverse h&s target the higher one is a potential bullflag breakout target. *not financial advice*
ATH supply I see a lot of confusion here.. i looked into avax price action, and there's a 3M breaker controlling the price. Those who know this asset, can also notice that price loves 1.618 fib, therefore, the top of the fork is precisely the ATH and also the 1.618 algotarget from the 3M bullish breaker. 😉
AVAXUSD: Avalanche Elliott Wave History and Potential2024-01-17
The Avalanche token AVAX was created about September 2020, and began trading on exchanges about a year later, after an investment of 230 million USD by an investor group.
The all-time high of the token is US$ 147.50, achieved shortly after its listing. Since then it has been trading downward alongside the general crypto winter of 2022 to a low of $8.62 (Coinbase) on September 25, 2023.
Since the last week of September 2023, AVAX caught the spirit of the new crypto bull market, and commenced a complete five-wave Elliott Wave impulse peaking on Christmas Eve (12/24) at exactly $50.00, a psychological level that is also just short of the first historical chart resistance at $51.25.
Since Christmas, AVAX has been trading down as low as $31.25, in what appears so far to be a simple sharp A-B-C correction.
For a successful run to a new all-time high the token must overcome three principal levels of resistance:
- a band at the $50-52 level
- the 0.618 Fibonacci retrace level of its decline from ATH, which also coincides closely with a structural apex of the decline.
- the all-time high at $147
Since the token has seemingly completed an entire Elliott Wave impulse, and has therefore formed a new wave one top, we can use this value to project the future potential for advancement, potentially into open price discovery above $150. However, the complete analysis relies on the certainty of completion of wave two, which needs to be confirmed.
The chart shows what this may look like in the large black wave, of which wave three ends at about $550. If the past angle of attack, or slope, continues to prevail, this should complete sometime in Spring.
Next Target $57.24$57.24 was calculated by using ATR with percentage in price at 6.5. Just because you have some small dips, doesn’t mean percentage in price gets void, eventually will move up to its destination.
Bullish Month AVAXBullish Month AVAX?
Trading at $42
Stoch Rsi = Bullish
Rsi = Neutral > Bullish
Macd = Neutral > Bullish
AVAX approaching key confluence. Long idea @ 35.86AVAX approaching key confluence:
50% retracement of 27.13-43.60 move
100% Fibonacci extension of recent ABC down-movement
Targeting another swing higher:
Entry limit : 35.86
Stop-Loss: 32.30
Take Profit 1: 38.13
Take Profit 2: 48.51
Risk:Reward: 1:2
Remember, this is not financial advice. DYOR and trade responsibly.
AVAX TO $50 ANY DAY NOW!Avax has formed a cup and handle and it looks like it has already broken out and trying to establish a strong support before making a +20% move.
Target $52
Avalanche: Gained Momentum 🔥AVAX continued to decline until last Friday. Then, however, there was a change of direction and the price shot up by more than 12%. This development strengthens our assumption that the downward swing was merely part of the substructure of the current (corrective) upward movement. We now primarily expect the magenta wave (b) to bring further significant increases. It should only end below the resistance at $56.43, where a fresh sell-off should replace it. The price should then fall back significantly to complete turquoise wave 2. However, our alternative scenario (48% probable) should be considered, which calls for sustainable rather than corrective gains. It comes into effect on a break of the $56.43 mark and already sees the coin in the turquoise-colored wave alt.3.
AVAX Bull SignThe Avalanche token AVAX was created about September 2020, and began trading on exchanges about a year later, after an investment of 230 million USD by an investor group.
The all-time high of the token is US$ 147.50, achieved shortly after its listing. Since then it has been trading downward alongside the general crypto winter of 2022 to a low of $8.62 (Coinbase) on September 25, 2023.
Since the TL has been broken, Im going to BUY this token for a scalp
AVAX-USD / 15M / TECHNICAL ANALYSIS BINANCE:AVAXUSD Hello traders, I have determined the target of the harmonic pattern on the chart.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
nice entry longnice entry long for some of the following momentum can increase from here if buyers were to step into this price level
If you missed SOLANA dont miss this one !Hi guys
Cryptoanteger here !
About me
I hate social media and a deeply introverted guy with interest in numbers , astrology , mystical sciences, numerology etc.
I come rarely out of my shell and the purpose of this TA is to help you make money .
I bought SOL at 20 $ and have been riding it till recently .
SOL is good hold and will make you money but AVAX will make you more money as it hasnt travelled its 3rd wave the longest wave in Elliot wave theory .
I analyse both TIME and PRICE - so my TA is different from the rest of the crowd .
Prediction :
DATE : 15th March
PRICE : 30$ for AVAX
Allow 10 % tolerance on both time and price
Thanks
CryptoAnteger
AVAX 2 Hour ZoomI suspect a pullback to the 36$ to $31 range. There I will place my longs.
Using the Order block finder indicator I can see a range of shorts and longs. Gann fans help visualize where the price may go.
This chart is a follow up to the weekly Avax chart here
V-V-V-V-V
Avalanche: In the Mood for More!February has been very positive for the AVAX price so far. In the next step, the altcoin should establish the high of the magenta wave near the resistance at $56.43. Thus, the latest bearish pressure should be conquered soon in favor of new upward momentum. As part of our primary scenario, the upcoming wave high should initially be followed by a sell-off until the low of the turquoise wave 2 is settled. However, there is a fairly high 40% chance for a clear breakout above the mentioned resistance. In this case, the turquoise wave alt.2 would have already been finished.
AVAX Short Scalpingto prepare for final bullish run, AVAX needs to correct itself. Time to short for a few pips
