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Avalanche

AVAXUSD Daily TA BullishAVAXUSD Daily bullish. Recommended ratio: 95% AVAX, 5% Cash. *A technical relief rally is underway for cryptos and equities as markets seem to have priced in more rate hikes, I know I focus solely on the Federal Reserve in most of my TA but that's because not only do they fund liquidity for many other central banks but they have been instrumental in setting the tone for the rest of the world for the past decade or more. The Fed was the first central bank to aggressively raise rates in response to global inflationary pressures and in doing so may have earned back a bit of the credibility they lost in being largely responsible for this inflation quagmire. Crypto and equity markets seem to think that the Fed has a plan to navigate us to a soft landing, but it is becoming more and more apparent that a hard landing is likely; when that will be priced in to risk-on markets is the question. Whatever the answer to that question is, we are 'technically' getting close to a short term bottom.* Price is currently following that of other altcoins like Kava and Polygon and trending up out of an eleven day consolidation out of the second largest supply/demand zone on the chart. Volume remains Moderate, fairly balanced between buyers and sellers (indicative of consolidation) and has been shrinking for what is on track to be a fourth consecutive session (indicative of an impending breakout/breakdown). Parabolic SAR flips bearish at $13.80, this margin is neutral at the moment. RSI is currently trending up at 39 after bouncing off of the descending trendline from August 2021 (breaking out of a 10 month descending trend), this is very bullish in the short term. Stochastic remains bullish and is currently trending up at 88 as it aims to resist a bearish crossover on its way to retest max top. MACD remains bullish and is currently trending up at -3.66 as it aims to break out above -4.23 resistance after being rejected the first time on 06/10/22. ADX is currently trending down at 40 as Price is pushing higher, this is mildly bullish at the moment. If Price continues up then it will likely retest the largest supply/demand zone on the chart at $25 before potentially retesting the upper trendline of the descending channel from November 2021 at ~$35. However, if Price breaks down here, it will likely retest the lower trendline of the descending channel from November 2021 at ~$10. Mental Stop Loss: (one close below) $15.
BINANCE:AVAXUSD
by dailytaguy
2
Trading Signal For AVAXUSDT Avalanche Trading Setup: A Trading Signal is seen in the AVAXUSDT Avalanche . Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy now or Buy on 15.45 ⭕️SL @ 13.25 🔵TP1 @ 21.30 🔵TP2 @ 31.50 🔵TP3 @ 42.70 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
AVALANCHE (AVAX) the last chance (bottom) and the range market Hello 🐋 Based on the chart, the price is close to the channel support and the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️ if the price breaks the resistance area to the upside, we will see more gain besides the range market is acceptable scenario too 📖💡🚀 and if the price break the rang area to the upside, we will see more pump 🚀 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
2
AVAX Avalanche: Monthly ChartHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Avalanche ( AVAXUSDT ). The chart is self-explanatory. With the crypto market going through a correction, AVAX may still have downside to go. See where I believe there may be strong support and possible bottom. Included in the chart: Trend line, Support and Resistance Lines, and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
by MillionaireEconomics
1
AVAX finds support at $18, can the bulls defend the level?The Avalanche price analysis shows that AVAX has finally found support at the $18.00 mark, which has caused significant bearish pressure to subside. However, it is unlikely that the asset would show a sharp recovery since the trading activity remains low across the short term. The broader cryptocurrency market observed a bearish market sentiment over the last 24-hours as most major cryptocurrencies record negative price movements. Major players include BNB and ETH observing an 8.99 and an 8.04 percent decline, respectively. The MACD is currently bearish, as expressed in the red color of the histogram. Moreover, the indicator shows strong bearish momentum as observed in the high depth of the histogram. Furthermore, the indicator’s lighter shade suggests an increasing bearish momentum as the price action finds support around the $18.00 mark. The EMAs are currently trading below the mean position as net price movement over the last five days remains negative. However, as the AVAX market turned sharply bearish, the EMAs have started moving downwards, with the 12-EMA taking the lead. At press time, the 12-EMA is diverging sharply from the 26-EMA as selling activity increased in recent hours. The RSI was trading in the neutral zone since 30 May as the price volatility for Avalanche dwindled across the short-term charts. However, yesterday the indicator dived into the oversold region as. The indicator is currently moving upwards as the price action finds support at the $18.00 mark. However, strong bearish pressure still weighs on AVAX markets. The Bollinger Bands were narrow until June 10 but then exhibited sharp divergence as the price action observed sharp volatility. Currently, the indicator is still expanding to facilitate the sharp bearish activity. At press time, the lower limit provides support at the $18.02 mark while the mean line presents resistance at the $22.32 mark.
BINANCE:AVAXUSDLong
by Anthony123111
When AVAX cryptocurrency do it x2 growth ?Today, on the global chart AVAXusdt, consider how this trading pair endured another sharp fall in May. To begin with, let's take a look at our previous global idea for a pair of AVAXusd, which we did exactly 3 months ago. At that time, we made an approximation with longs buy zones As it turned out 3 months later, our most pessimistic $40-45 purchase zone at the top of the red liquidity zone was not the bottom of the decline. Fall lows are recorded at around $23, at the bottom of liquidity zone, in which a year ago for a long time decided who is stronger: buyers or sellers. Keeping buyers in the coming days of the AVAX price above the mark of $30 will be a good signal to go to the long. The purpose of fixing longs in the up liquidity zone is $64-81 If the price of the Avalanche token is fixed below $26 , it will most likely coincide with continue the global decline in the cryptocurrency market. In this situation, it is necessary to place "buckets" for the purchase of AVAXUSDT near 14 dollars. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
36
🎯AVAX: the buyers are here! Are they ready to pump the price?Avalanche is going to break the trendline. 📊Why is long possible: 1. you can see lot`s of buyers at the volume indicator. At least 3 times they hold the price and push it up. The value area of $23-25 become a strong support for the price. 2. AVAX in going to return to the $26.6-27.8 value area. For the 3rd time price try to break this level, so it`s highly possible because it shows the buyer presure. 3. trendline squeese is the additional confirmation for the breakout. 🚩Targets: 🔶1. $26.6-28 - closest value area and resistance for the price, but this area with 3rd test became weaker and weaker 🔶2. $32-34 - huge value area 💻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.
by Yuriy_Bishko
4
Avalanche (AVAX) - June 9hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (AVAXUSDT 1W Chart) Below 32.23 is likely to be a mid- to long-term investment area, so careful trading is required. So, whether it can move higher than 32.23 is the key question. (1D chart) Whether we can find support at 23.96 and move above 32.23 will be the key. If it moves above 30.32, I expect it to turn into an uptrend in the short and medium term. (buy) - After confirming the support in 32.23 (Stop Loss) - When it falls below 30.32 and receives resistance - When it falls below 23.96 (Sell) - When receiving resistance in the section 56.51-64.90 - When receiving resistance in the range 79.80-89.59 If it rises above 89.59, it is expected to surge. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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.) ---------------------------------
by readCrypto
1
Trading Signal For AVAXUSDT AvalancheTrading Setup: A Trading Signal is seen in the AVAXUSDT Avalanche. Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy now or Buy on 22.85 ⭕️SL @ 20.60 🔵TP1 @ 27.30 🔵TP2 @ 35.80 🔵TP3 @ 54.76 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
AvalancheAvalanche has a chance to recover! The steady demand for the Avalanche coin allowed a short-term trend to form and come close to the resistance level of $30 per coin. $30 resistance is a key area for continued growth, where a lot of pent-up investor demand can be concentrated, which will increase momentum. Steady growing demand from the $30 support level is able to form a medium-term trend with the aim of testing the $40 levels and the subsequent $60 levels, which is the key level and the point of intersection of the trend line of the long-term descending channel within which the coin is located after updating its high level of $145 per coin.
FTX:AVAXUSDLong
by Kuznetsov_Sergey