Avalanche
avalanche 2022heres my avalanche chart for the next couple of hours---possibly 10-16 hours---going to leave it an see how things play out..
🔥AVAX: risky trade, but worth it!Hi friends! AVAX got reputational problems and are accused of fraud. Due to this many hodlers of this coin have already sold it out and price fall to the $16-18.5 value area.
I think with high possibility the price will go lower to the local lows, especially if this scenario for BTC will happen. In this case all alts will fall to their local lows.
📊 Preconditions to open a long:
🔥 fall to the $13.71 key level
🔥 volume growth which confirm the pressence of buyer
🔥 bullish BTC
🚩 The main thing is to find the support by the whales, where the price can make a reverse and pullback. If i will see the HUGE orders wall to BUY, I`ll also try to enter the trade with the whales.
📊 The targets:
1. $23-25 - value area
2. $30 - key level, long term target
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Roadmap for AvalancheFrom the swing low, we have made what appears to be 5 waves up.
Looking for the completing of the 5th wave down on this local trend to end around 19.80s before we see a bounce.
Ultimately looking for a major bounce at 16$ at AVAX's favourite fib level.
DOM and FP: this indicator show the best ENTRY point on AVAX🔥Hi friends! As we can see at hte volume indicators, a lot of traders buy the dip at AVAX. I marked two arreas where long the positions were accumulated by whales. If the price return to this area, it will be supported bu the whales because they want to protect their buying price.
So, in this case we can expect the pullback with amazing entry point close to the $15.5-18 value area. If i will see the HUGE whales orders on the DOM and Footprint indicators, I open nice long with short stop loss and 1:8-10 RR.
📊 Preconditions to open a long:
🔥 pullback to the $15.5-18 value area
🔥 huge BUY orders on DOM and Footrpint
🔥 volume growth at the volume indicator which confirm the pressence of buyer
🔥 bullish BTC
🚩 If BTC will fall to $19 500 - 20 000 area and will also be supported by the whales, it will be reversal point for all cryptocurrencies. In this case, all alts will make a huge PUMP.
📊 The targets are the key levels:
1. $31
2. $38
💻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 shortAvalanche broke trough the support area. Asset broke trough the ascending trendline. Bearish movement to support level at 17 is possible.
avax scalp long | tp $26closed all shorts this morning. will look to reopen post bounce.
going to be away from my desk all day, so this is the only chart i'll be posting. I like avax for the bounce here.
strong bounce off eth pair support and held overnight vs usd while everything else dumped.
if we get even the slightest bit of recovery here, avax should be high beta.
Avalanche (AVAX) - August 20Hello?
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(AVAXUSDT 1W Chart)
The key is whether you can keep the price above 20.30.
(1D chart)
The key is whether it can move higher than 23.72.
Otherwise, it is expected to decline to the 15.44-20.30 section.
A move above 23.72 is expected to lead to an attempt to move above 30.03.
- The RSI indicator, the Stoch RSI indicator, and the CCI indicator are all in the oversold zone.
So, it's a good idea to check the movement until you start breaking out of the oversold zone.
- Aggressive buying is currently possible, but if you are unfamiliar with short-term trading, it is not recommended to challenge it.
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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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short it all to zero | $avax to $22exited all longs with this pump. was mainly in eth as wee moved avax long profits to eth a few days ago.
don't think avax takes out the high. was the final momentum pump we were looking for.
next two weeks or so expecting all downside action.
just about everything should be a safe short from here.
Avalanche: The Very Hungry Caterpillar 🐛You know the children’s book The Very Hungry Caterpillar by Eric Carle? Just like the story’s protagonist, Avalanche is crawling around with wriggly movements and is repeatedly gnawing at the turquoise zone between $25.29 and $39.63. If the altcoin wants to further our primary scenario, though, it should pupate soon and emerge as a beautiful butterfly, flapping away above the resistance at $103.64. However, there is also a chance that Avalanche could lose its footing and drop below the resistance at $9.25, which would then elicit a strong downwards spiral.
$avax short vs eththink all markets are essentially topped, so looking for best shorts. avax looks like it's at heavy resistance here vs eth. think it's likely the better short.
should drop ~10% vs eth.
Avalanche shortAvalanche broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 22.28 is possible.
AVAXHELLO GUYS THIS MY IDEA 💡ABOUT AVAX is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Buyers from this area will be defend this Long position..
and when the price come back to this area, strong Buyers will be push up the market again..
uptrend + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
AVAX rise by 123%🔥 Will the party continue❓Hi friends! Avalanche is already rise by 123% from it`s bottom. By the way BTC made +40%.
Now the price is inside the wedge and ready to break up from one side. But AVAX need to make a pullback to cool down. This is a chance to open a long for us.
If the price fall to the closest value area it should become the support. The second support is lower boundary of the wedge. These two layers can stop the fall and let the alt to cool down before the growth to the new targets.
📊 Preconditions to open a long:
1. local pullback to the $23-25.5 value area and lower border of the wedge
2. volume growth which confirms the big players pressence
3. BIG ORDERS by the whales on DOM and Footprint. If the big orders apear it`s a big chance to the AVAX to continue it`s growth because the whales won`t let the price to fall.
4. bullish BTC
📊 The targets are a key levels:
🔥 $40 - closest resistance
🔥 $50 - even number
🔥 $70 - local high
💻Friends, press the "like"👍 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.
long AVAXCorrection on $AVAX stopped around the 0.5 Fibonacci level. Bullish trend is expected to continue and reach the 30$
$avax target remains $28-30should have stuck with this game plan as avax bounce right at our w4 completion zone.
still targeting $28-30 minimum.
only area i'm concerned about is the ? white box. rejection there would signal another wave down and likely the end of this bull run.
until then, long your longs.
avax vs eth for additional context. think avax outperforms again:
AVAX to re-test the $39 IF we hold $27 as support.AVAX has been massively oversold and undervalued for the last few months.
We've seen a strong relief rally thus far that may be sustained until $34 - $39 IF we can turn $27 into support.
If $27 does not turn into support and BTC and ETH see a correction, we could see price action for AVAX take another dive down to the low 20s.
AVAX to re-test the $39 IF we hold $27 as support. AVAX has been massively oversold and undervalued for the last few months.
We've seen a strong relief rally thus far that may be sustained until $34 - $39 IF we can turn $27 into support.
If $27 does not turn into support and BTC and ETH see a correction, we could see price action for AVAX take another dive down to the low 20s.
$avax longplaying this level by level. currently holding above wave 1, which is what we'd like to see for a wave 4, with wave 5 coming up.
marked this green box last week as potential support.
looks to be holding.
wave 5 should put us around $28.
AVAXUSDT 1D Medium-term trade - our target $30We are already forming a series of ideas on the AVAXUSDT trading pair.
We published the last of them a week ago.
During the week, our assumptions are confirming that the AVAXUSDT trading pair is currently consolidating with a set of long positions. The trading delta shows the superiority of purchases over sales in the period from 06/26 to 07/13
Also, for almost a month, the Avax price has been consolidating above the critical support level above $15.
Such input data for Avalanche token price gives the right to enter a medium-term trade:
Entrance $16.50
Stop $14.54 (-12%)
TP1 (50% position) - $26.74 (+62%)
TP2 (50% position) - $29.94 (+82%)
P/L ratio 7/1
Fixing the AVAXUSD price below 15 dollars paves the way for the price to fall to the region of 12 dollars.
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AVAXUSD breakout, could this be the start of a new move higher?Hi, welcome to Monday's update. Today's focus is on AVAXUSD after last weekend's solid two days of buying that broke above resistance
Are we seeing a new higher extension on AVAXUSD? That is the question we're asking in today's video update. Weekend trade has set up the first sign with a break above 25.30 resistance. What we would like to see now is for the move to continue higher and test the next resistance levels seen at 27.50, 31 and 36.
In a perfect world, we would see price continue to push higher a bit more before we see a new pullback. We are looking for the pullback to find support at the previous breakout point and turn the previous resistance level into new support.
A new HL created around the previous level of resistance followed up by a new HH would be a good sign and could signal a buy into the new move. From that point, we would like to see buyers break 31 and 36 resistance to signal that a new short-medium-term trend higher is underway.
A new lower move closing below 25 would be a worry and could tell us that buyer momentum might not be as strong as thought.
Good trading, and enjoy the rest of your Monday.
Avalanche (AVAX) - August 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(AVAXUSDT 1M Chart)
The key is whether it can rise above the 39.76-44.62 section.
To do that, you need to keep the price above the 15.44-20.30 range.
(1W chart)
Primary resistance: 30.03
Secondary resistance: 39.76-44.62
Support: 15.44-20.30
The intervals 15.44-20.30 and 39.76-44.62 are the intervals that determine the trend.
So, if you hold the price above 20.30, it is likely to move above 39.76.
To that end, the key is whether it can be supported by rising above 30.03 in the first place.
(1D chart)
Primary resistance: 27.95-30.03
Secondary resistance: 36.85-39.76
1st support: 23.72
2nd support: 15.44-20.30
The RSI and Stoch RSI indicators are entering the overbought zone.
Therefore, it is necessary to check where support and resistance are found when exiting the overbought zone.
If you fail to break above the 27.95-30.03 section, you should check to see if there is support around 23.72.
If it rises above 30.03 and finds support, it is likely to lead to a move towards the 39.76-44.62 section.
Therefore, the key issue is whether it can rise above 30.03 and receive support.
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If you look at the 1M chart, you can see that there has been a huge decline.
Therefore, it is not easy to invest even if it shows an upward trend on the 1D chart.
However, if you are not investing now, it is highly likely that you will start investing when it rises to the 39.76-44.62 range.
The 39.76-44.62 interval is the interval that determines the trend.
So, if it moves above 44.62, it will continue its uptrend, but if it doesn't, it will go downhill.
The closer you get to this important support and resistance zone, the more likely the peak will be when you feel compelled to buy now.
Conversely, if you buy, the area that is more likely to decline is more likely to be the bottom.
Between this bottom section and the section where a full-fledged uptrend starts, it is a good section from a mid- to long-term point of view, no matter where you buy.
However, when a further decline occurs, it is important to secure adequate cash because a better opportunity may be missed due to a lack of cash.
In that sense, the method I recommend is
- Buy when the price moves sideways or when the price falls at a certain rate (for example, when it falls by -10% or -20%),
- When the price rises and receives resistance in the resistance section, sell when it rises at a certain rate (for example, when it rises by 10% or 20%).
This is a method to increase the number of remaining coins (tokens) with a small amount of cash profit by selling with the purchase principal (+ transaction fee x 2 ~ transaction fee x 20 included) when selling.
Cash management is important because this method has to be continued until the start of a full-fledged uptrend, so if you buy using too much cash at once, you may run out of cash.
Since the coin (token) secured in this way has an average purchase price of 0, it is always in a state of profit until the price becomes 0.
From a mid- to long-term perspective, the need to increase the number of coins (tokens) is to increase these coins (tokens).
------------------------------------------------------------ -------------------------------------------
** 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 through split trading. It is a short-term investment perspective.)
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