AVAXUSDT Multiple bullish break-outs call for a higher target!*** ***
For this particular analysis on Avalanche we are using the AVAXUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where AVAX recently broke above its 1D MA50 (blue trend-line), following an additional bullish break above the Lower Highs trend-line that started with the April 02 High. With the RSI on the 1W time-frame still on oversold territory, this is a major bullish signal on Avalanche on multiple break-outs.
The last time we had a break above the 1D MA50 on an oversold state, was on July 26 2021 and the huge rally of August - November started. The short-term target is the 1D MA200 (orange trend-line) and then the top (Higher Highs trend-line) of the Channel Up that started in June.
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Avalanche
Avalanche (AVAX) - October 26Hello?
Welcome, traders.
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(AVAXUSDT 1W Chart)
The key is whether the 15.44-20.30 zone is supported and able to rise.
(1D chart)
The interval 15.44-20.30 is the interval that determines the trend.
If it falls below 13.47, it is likely to move towards 7.72.
Therefore, it is necessary to sell to secure cash.
If support is found above 16.56, it is expected to lead to a move towards moving above 19.72.
However, given the current price, it needs to rise above 28.48 to continue the uptrend.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Mean Reversion Play for Summer 2022 Be careful700-750 target
it probably rallies some this summer, but don't get fooled into Diamond Handing the Mean reversion. it will rug you again in the late summer or fall
“The meeting of two personalities is like the contact of two chemical substances: if there is any reaction, both are transformed.” ...
“Everything that irritates us about others can lead us to an understanding of ourselves.” ...
“Your visions will become clear only when you can look into your own heart.
🔥🚀Another chance to make +20-40%: AVAX is going to PUMPHi, friends! Monday, the markets are waiting for the opening of the SnP500, which will help to understand the general direction for the crypto market.
Avalanche is consolidating below the trendline and I think the break up is highly possible.
📊 There are preconditions to open a long:
✅ trap+volume growth which already happend
🔥 squeeze to the trendline
🔥 bullish BTC
🚩Pay your attention to the $17-18 value area. It will be nice to not see some bearish false breakouts. If something loke this happen, i will book the profit from the longs and open short positions.
✅ The targets for the AVAX:
1. $17-18 - the value area
2. $20 - the key level
3. $21-23- the liquidity gap
🚩 I recommend you to book at least 50-60% of profit at the 2nd target.
💻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.
🔥AVALANCE TRIANGLE BREAKOUT! 3 long targets!Hi firends! 🔥AVAX is going to break the triangle. It`s a chance to open a long on the breakout!
It's highly expected after such long and exhausting consolidation. A lot of retail traders, newbees are leave the market in panic becsue of "crysis", "black mondays" news.
🚩 The bear market is great at sorting out those who will make money and those who will buy crypto at all-time highs.
📊 My preconditions to open a long:
🔥 identify the intentions of the big player. Take a look on the volume indicator. A lot of coins were bought at the bottom. That's mean the big player bought the bottom and going to sell the crypto higher.
🚩 The Dom and Footprint are the scalping tools that help me to identify the orders of the big players in real time. Usefull things to increase your winrate by 30-35%.
🔥 squeeze to the boundary of the triangle
🔥 bullish BTC pull all the altcoins higher
📊 The targets:
1. $21-22 - the closest resistance and local highs
2. $23-25 - the close value area
3. $30 - the key level
✅ I recommend you to take some profit when the price wil reach the targets. You need to book at least 50-70% at the second target.
💻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.
Avalanche (AVAX) - October 13Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(AVAXUSDT 1W Chart)
The key is whether the 15.44-20.30 zone is supported and able to rise.
(1D chart)
If it falls below 15.44, we should see support near 13.47.
If it doesn't, there is a possibility that it will drop to around 7.72, so we need to think about countermeasures.
If the price holds above 16.56, it is expected that it will lead to a move towards breaking above 20.30.
In the HA SRRC indicator, the Stoch RSI, RSI, and CCI indicators are all entering the oversold zone.
So, if you find support near 15.44 when you break out of the oversold zone, it is likely to lead to an uptrend.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Avalanche (AVAX) - October 6Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(AVAXUSDT 1W Chart)
The key is whether the 15.44-20.30 zone is supported and able to rise.
(1D chart)
The key is to keep the price above 16.56 and move above 20.30.
If it falls below 13.47, it is likely to enter the mid- to long-term investment area.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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avax local |$19a ton of fairly good setups out there. continue looking for the high beta plays.
from a macro perspective, if we get this zone as the swing low, avax should run much higher..
but from a local perspective, we think $19 is a conservative 10% target where we'll likely start to see some turbulence.
September 29 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 1.71% over the last 24 hours and fell to an intraday high of $19,777.00. The largest cryptocurrency rebounded alongside the traditional equity market after the Bank of England launched a bond-buying program to prevent 'material risk' to UK financial stability. But this does not necessarily mean that the central banks across the world would change their tight monetary policy against inflation. For now, the BTC/USDT pair is trading slightly below the 20-day exponential moving average (EMA)($19,518), and the bulls are likely to push the price above the 20-day EMA. If the price is maintained above the 20-day EMA($19,518), the pair could then rise to the 50-day simple moving average (SMA) ($20,706).
Today’s Cryptocurrency Headline
Circle to Launch Cross-Chain Transfer Protocol for USDC
Circle, crypto payments company and USDC issuer, has announced the upcoming launch of a cross-chain transfer protocol to support USDC interoperability. The company is expected to launch on the Ethereum and Avalanche mainnet later this year. The new product is permissionless and allows for USDC to be sent natively across ecosystems, which improves liquidity and reduces fragmentation of bridging assets. At the same time, Circle also announced that it plans to offer USDC on five blockchain ecosystems including Arbitrum, Cosmos, NEAR, optimistic and Polkadot in the coming months.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Avalanche (AVAX) - September 27Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(AVAXUSDT 1W Chart)
The key is whether the 15.44-20.30 zone is supported and able to rise.
(1D chart)
A move above 20.30 is expected to find resistance near 23.96 and 30.03.
If it declines from 13.47-15.44, it is expected to decline to around 7.72.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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AVAX - Ready... ! G O . . . - in short and mid termAvalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.
This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.
After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges.
Buy setup
Entry : 16.70 - 20.45
SL : 14.39
TP1: 21
TP2: 21.8
TP3: 22.8
TP4: 24
TP5: 25.5
TP6: 27.5
TP7: 30
TP8: 33
TP9: 37
TP10: 42
TP11: 48
TP12: 56
TP13: 65
TP14: 75
TP15: 87
Spot or Future (1x, 2x, or 3x)
Run and keep it enjoy!
Follow me! Copy my trade!
Avalanche (AVAX) - September 15Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(AVAXUSDT 1W Chart)
It is important to be supported in the 15.44-20.30 section.
(1D chart)
The interval 15.44-20.30 is the interval that determines the trend.
So, if it is supported and rises, it is expected to rise further.
The section where the HA-High indicator is horizontal is expected to receive primary resistance in the section 23.96-28.48.
However, once supported, the uptrend is expected to continue.
If you drop from 13.47, you need a Stop Loss to get cash.
We are currently breaking out of the medium-term bearish channel and are within the short-term bullish channel.
Therefore, it is important to be able to move higher than 20.30.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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AVAX: analysis for September 13The resistance level with the upper border of $20.60 was broken on the Daily timeframe on September 11. The trend is bullish now and the impulse wave develops.
A pullback buying opportunity will appear after the correction formation on the Daily timeframe. The new resistance level that can be formed around these price marks or the highs of August 23 – 26 will be the target for the bullish movement continuation after the correction is finished.
In case of successful development of the trend, a more distant target will be on the highs of August 12 – 14, where the next resistance is located with the borders of $29.45 – $30.35.
When breaking through the support, the trend will reverse and we should look for selling opportunities. The borders of this level are $17.90 – $18.25.
Longs will remain relevant until the market is above the nearest support level on the Daily chart, the lows of September 6 – 7.
📊 Avalanche(AVAX) give you a chance: where to open a long?Hi friends! Another altcoin make a pullback and give you the opportunity to open a nice long.
✅AVALANCHE is close to the biggest value area which become the huge support if BTC fall to $17500. As you all know the alts follow BTC.
Now the price consolidate inside the triangle and broke it down woth high possibilitty. This is your chance to enter the long. 📊 Preconditions to open a long:
🔥 false breakout of the triangle or test the huge support area of $15.6-17
🔥 squeeze to the upper trenline
🔥 volume growth which confirms the pressence of buyer
🔥 bullish BTC
🚩 Additionall precondition for me will be the HUGE buy orders of the whales. They appear when the price reach the huge support levels like this. I prefer to open the trade in the same direction with the big players.
📊 The targets:
1. $20.49 -the key level and even number.
2. $23-25 - the value area and HUGE resistance. I thimk after such big accumulation it will be easilly broken.
💻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.
Trading opportunity for AVAXUSDT AvalancheBased on technical factors there is a Long position in :
📊 AVAXUSDT Avalanche
🔵 Long Now or by Breakout
🧯 Stop loss 16.91
🏹 Target 1 23.50
🏹 Target 2 27.20
💸Capital : 1%
We hope it is profitable for you ❤️
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