AVAXUSD Significant upside potentialAVAXUSD is trading inside a Channel Up having formed a Golden Cross (1d) 6 weeks ago.
The RSI suggests that one last pullback is possible before a new 1 month rally starts.
Trading Plan:
1. Buy on the next pullback to the MA200 (1d).
Targets:
1. 25.00 (top of the Channel Up).
Tips:
1. The ideal buy entry would be when the RSI (1d) hits the 30.00 oversold level again.
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Avalanche
Potential Wash out before retracement to fulfill bull flag AVAXAvalanche has been in a 10 day range potentially filling out a bull flag formation. After the flag broke on the daily chart the trend became bearish wicking down back into the flag. This does not invalidate the flag, but if you like myself entered Avalanche early in the pole formation you could either exit on that first breakout or hang tight with a stop loss. The absolute level of a stop loss for a longer-term trade would be the red line. The blue lines are key levels within the past few months.
Avalanche FRVP on WeeklyI think FRVP gives a very good result in identifying support and resistance. In this direction, a FRVP that we will apply to the Avax chart in the weekly timeframe shows us that the 17.50 level is support and AVAX is sitting on this support. I think the return from this level in the weekly timeframe is very positive.
🔥AVALANCHE MAY SURPRISE US ALL: 3 LONG TARGETS FOR IT🔥Hi, friends! AVAX may surprise us, because it's one of the most volatile altcoins. What could be better for traders?
Our main task is to find the best entry point. I have already made it for you.
I expect local manipulations and stop hunting both long and short traders, but finally, the price should go lower to shake out retailers who expect the growth.
📊 TRADING PLAN FOR AVAX:
1. test the $15 key level as the support
2. volume growth
3. bullish BTC
✅ MY LONG TARGETS FOR AVAX:
🔥$18 - the local highs and key level
🔥$23 - the local highs
🔥$30 - the even number
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
AVAX ♛♘♚ - PROMISING AGAIN🗸🍊First the chart:
Support seems solid at 16.5$ and that is important for a trader.
If Powell doesn't spook the markets today with a big rate hike or a hawkish scary statement we could see AVAX rising to 23$ fast.
Overall, Bullish on AVAX with 56$ being my target.
CHESS MOVE ♛♘♚:
Chess is being played by some of the cleverest people on earth.
So i guess they make a good move with this:
Web3- International Chess Federation Checks Into Web3 With Avalanche Integration
The global chess authority is looking to onboard the game’s 500 million players into Web3 with the new partnership.
One Love,
♖ The FXPROFESSOR ♖
To get out of the bottom section... (19.73 important)Hello?
Traders, welcome.
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Have a good day.
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(AVAXBTC 1W Chart)
The question is whether it can break out of the downtrend line by rising above 0.0007352.
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(AVAXUSDT chart)
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(AVAXUSDT 1W Chart)
If the price is maintained above HA-High, it is highly likely to continue its mid- to long-term upward trend.
Therefore, the key is whether it can rise above 19.73 and be supported.
If not, you should check if it is supported around the HA-Low indicator.
(1D chart)
The key is whether it can be supported around 17.15 and rise above 19.72.
If it fails, you should check for support around 14.99.
The 17.15 point is the HA-High indicator point on the 1W chart, so if the price is maintained above this point, it is highly likely to continue the mid- to long-term upward trend.
However, it needs to rise above 19.73 to continue the upward trend.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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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 .
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...
🔥OPEN A LONG WITH +85% POTENTIAL ON AVAX..BUT AFTER A PULLBACK🔥Hi, friends! Now we see that AVAX and BTC are looking bullish, but I expect one more pullback before the pump. This pullback needs to take long traders sl and trap the short traders. More in my new trading plan!
📊 MY TRADING PLAN FOR AVAX:
1. pullback to one of the value areas ($19.53-20.22 or $17-18)
2. volume growth on the pullback
3. bullish BTC
🚩 It's essential to see the huge buy orders of the whales on DOM and Footprint. I use these scalping tools to track the big guys on crypto market and make a profit with them
✅ MY TARGETS FOR AVAX:
🔥 $23 - the key level, local highs
🔥 $25 - the key level, even number
🔥 $36 - technical target according to bull pennant pattern
I would like to see the pullback and make a nice profit!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.