Avalanche
AVAX looks INTERESTING!KUCOIN:AVAXUSDT
AVAX is approaching an interesting level for a possible long providing a potential of about 40% upside gains.
However, since Bitcoin is sitting in a huge Head & Shoulders pattern, we must let our edge develop on lower time frames 4h to
look at entry triggers.
Should the Head & Shoulders activate, potential downside target to possible pullback zone is an idea.
Future markets open in about 3h 20m
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Avalanche: Gardener 🌷🌹🌼🌻The weather is getting better and the ones who can prepare their garden for the incipient new season of barbecuing, sunbathing, harvesting or just savoring nature. In its green garden between $16.67 and $11.77, Avalanche still has got some work to be done as well and should advance a bit deeper to finish wave ii in orange. Ideally, our crypto gardener should turn upwards near the 100.00%-retracement at $13.64, heading for the resistance at $21.81. To develop wave iii in orange, Avalanche should then climb above this mark, which should provide the altcoin with further upwards momentum.
🔥🚀Avalanche (AVAX) Poised for Growth: Key Levels & Targets🔥Hi, friends! Avalanche is consolidating between 2 massive value areas. This is not good for volatility, but yesterday's shakeout shows that growth is much possible scenario. Why?
The sl of the long traders were triggered which gives the whales more liquidity and AVAX more chances to grow.
📊 TRADING PLAN FOR AVAX:
🔥 exit out of $ 17-17.8 value area
🔥 huge buy orders on DOM and Footprint
🔥 bullish BTC is a must-have for altcoins growth
✅ THE MAIN TARGETS FOR AVAX:
1. $ 19.5-20.2 - the value area
2. $ 22.2 - the key level and local high
3. $ 25 - the key level and even number
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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: Ascending TriangleAvalanche (AVAX) technical analysis:
Trade setup : Price is trading in an Ascending Triangle. Swing traders can enter near triangle support trendline (~$17) and exit near $22 triangle resistance, where it got rejected several times this year. Trend traders should wait for a breakout, ideally above $22 resistance, to signal Uptrend resumption.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $15, (previous resistance), then $10. The nearest Resistance Zone is $22, then $30.
AVAX FLAG!KUCOIN:AVAXUSDT
AVAX sitting in a possible bear flag and looks like retesting the 382 (tempting!).
In consolidation at the moment. Break upwards will provide potential to 21.56 zone.
Break down, look for holding to 13.87 zone.
Uncertainty in US markets with potential of further bank collapses.
Bitcoin will run in this event providing upside to this potential setup.
Key: Let the market show you the direction.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Avalanche AVAX price preparing for a new wave of growth ?It is very likely that the AVAXUSDT price is now completing a correctional wave (2)
Critical support below which the AVAX price should not fall is $13.90-16
If this is the case, then the Avalanche token holders will face a (3) growth wave ahead.
The targets for growth in this wave are currently "smeared" at 37-50$
If this asset is interesting to you, then be active in the comments, we will see them and make more ideas for AVAXUSD as the price grows
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AVAX: Ascending TriangleAvalanche (AVAX) technical analysis:
Trade setup : Price is trading in an Ascending Triangle. Swing traders can enter near triangle support trendline (~ HKEX:17 ) and exit near HKEX:22 triangle resistance, where it got rejected several times this year. Trend traders should wait for a breakout, ideally above HKEX:22 resistance, to signal Uptrend resumption.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $15, (previous resistance), then $10. The nearest Resistance Zone is HKEX:22 , then $30.
AVAXUSDT 1HAVAXUSDT 1H
SUPPORTS 18.82 / 18.55
RESISTANCES 19.31 / 20.00
RSI Exhaustion of purchasing forces
MACD: Optimistic
AVAX climbed to the psychological resistance of HKEX:20 and experienced a rejection tonight, returning to levels below that resistance.
On-chain data reveals intense developer activity and growing demand, so I believe that in the next few hours AVAX will go back above psychological resistance and head towards 28, which is my target for the month of April
Volatility Period: April 19-21Hello?
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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
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(AVAXBTC 1W Chart)
The question is whether it can rise above 0.0009 187.
If not, we need to see if it finds support around 0.0006 306 and breaks out of the downtrend line.
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(AVAXUSDT chart)
During the volatility period around April 20 (April 19-21), it is necessary to check whether it can show a move out of the 19.16-23.96 zone.
If not, it should be sideways in the 19.16-23.96 zone to confirm the next volatility period around the 15th of May.
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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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AVAXUSDT 1HAVAXUSDT 1H
It continues in an upward trend, giving a show in the graphic analysis! Circulating above MM200 demonstrates clear buyer dominance, plus AVALANCHE has launched a new subnet system called “Evergreen Subnets” which is made specifically for financial institutions. Evergreen subnets will provide blockchain solutions, tools and other services to these big financial players, which will further fuel their rise.
Here are the supports and resistances:
Supports 21.01 / 20.61
Resistances: 21.65 / 22.00
RSI : Seller
MACD: Buyer
MM200: 19.24
EMAS : Pointed upwards, the asset generally follows the movement of the EMAS
AVAX- Breakout to TOP-10 ?? 🔝🔟Well, chart says the breakout scenario could be in play and AVAX is in the top-15 at the moment.
Top-10 will be difficult but potential for 12-13 is in play.
In any case we have a nice set-up for a trade as 19,12 is support.
23$ - 27$ and 40$ are targets for taking profit.
News:
Avalanche Surges to 6-Month High in Daily Active Addresses
The spike coincided with a bevy of financial institutions joining Avalanche’s Evergreen subnet “Spruce.”
Avalanche’s daily active addresses hit nearly 80,000 on April 12. Its daily active user base grew 85% in the past 90 days, making it one of fastest-growing protocols, ahead of BNB Chain, Tron, Ethereum, Aptos and Bitcoin. Only four protocols grew faster, per Artemis: StarkNet, Arbitrum, Stacks and Canto.
The high-water mark coincided with Avalanche’s April 12 partnership with a bevy of financial institutions that will contribute to its network infrastructure, signaling traditional finance companies’ increased interest in the Avalanche ecosystem.
One Love,
The FXPROFESSOR
AVAX BUILD UP BREAKOUT!KUCOIN:AVAXUSDT
AVAX price action is squeezing for an imminent move following Bitcoin.
Read my post about Bitcoin earlier today.
Possible upside 20% and if Bitcoin rejects look for shorts to structure.
Higher Lows back into neckline, looking like a possible build up to break out.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
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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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.