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Avalanche

AVAXUSD, are sellers planning a new bear raid?Hello TradingView community, today we’re looking at AVAXUSD as price remains in a solid-looking downtrend. We are watching a consolidation pattern that could be a descending triangle or a wedge type pattern in the existing trend. The key for us is at 28 support. If sellers break this level, the continuation could be on, and we would like to see a new LL set to show normal pattern of trend. If buyers can continue to hold 28 and above, this could be a worry for short term seller momentum that was set with a break of yesterday’s low this morning. This pattern is also seen on SOLUSD, and other coins in the top 10 remain range-bound. It’s really up to sellers now if they want to take this trend lower. Good trading
EIGHTCAP:AVAXUSDShort
by Eightcap
AVAXUSD hit the Channel Up bottom. Levels to watch.Avalanche (AVAXUSD) hit on May 12 the bottom (Higher Lows trend-line) of the Channel Up that started after its February 10 2021 High. That was its first High and May 12 marked its second Higher Lows. Assuming that holds, the pattern will continue to hold and we will have to look for specific markers in order to time a new uptrend. As you see, there are three indicators that broke in a specific order during the last rise to a Higher High. First the price broke above the 1D MA50 (blue trend-line) following the Higher Low consolidation. Then the RSI on the 1W time-frame crossed above its MA. Finally the 1W MACD made a Bullish Cross. Keep an eye on those conditions and plan a potential buy strategy accordingly. On the other hand, a weekly (1W) candle closing below the Higher Lows trend-line of the Channel Up, can set in motion the lower Fibonacci extensions, namely the -0.236 and -0.382 before the market bottoms out. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BINANCE:AVAXUSD
by TradingShot
2
Avalanche (AVAX) - May 19hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (AVAXUSDT 1W Chart) As it fell below 32.23, the possibility of entering the mid- to long-term investment sector is increasing. Therefore, it is important to see if it rises above 32.23. ------------------------------------------------------------ ----------------------------------------------------- ** 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 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
AVAX expected path for the upcoming weeks- follow me for morehey, i am merna, a middle-eastern analyst, follow me for more ideas and quotes on twitter! luv ya ❤️ AVAX price drop was expected due to the broke 2 ascending trend lines, which made it go down to a find a powerful support line. S line and S2 line are powerful support lines, breaking them is not a good sign, breaking the blue trendline will make us go to the nearest resistance which is the R orange box. S = support S2= 2nd support R = resistance acc = where most of the big players entered long positions , when price approaches these levels they will defend their positions hard. AH = all-time high
Long
by crypto_sucker19
AvalancheBreaking out of the triangle defines mid-term targets for the Avalanche. Breakdown of the key support level $60.00, which is the point of intersection of the triangle trendline at D-1, is a strong signal for the continuation of the current trend. The target of $50.00 per coin will be a clear confirmation of the breakout of the key crossover. The support level at $50.00 looks technically confident for considering short and medium-term purchases within the descending channel with the target at $70.00-80.00. The subsequent potential break of $50.00 support opens technical targets for a test of $40.00 and key support at $20.00.
FTX:AVAXUSDShort
by Kuznetsov_Sergey
2
AVAX could be getting ready too?Hello traders, Back in the 'bullish days' last year AVAX did an incredible job. Project itself is interesting, seems to me like an upgraded competitor with DOT. However interest that AVAX had back then was quite suprising. It is correcting so far, but I'd expect 75-90$ region soon (when we reach diagonal ressistance) if it breaks I wouldn't be suprised at all with 200-250$ topping. If you like my ideas, please consider following me on Tradingview and twitter, it would help me a lot. Do your own reasearch and learning, Trade safe, TradingInformator!
Long
by TradingInformator
Avalanche (AVAX) - May 5hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (AVAXUSDT 1W Chart) 56.51 or higher: Expected to create a new wave. (1D chart) It needs to move above 70.11 to turn into an uptrend. So, if possible, it's a good idea to see support in 70.11. (buy) - After confirming the support in 70.11 (Stop Loss) - When it is resisted by falling below 64.90 - When it falls below 56.51 (Sell) - When resistance is received in the range 79.80-89.59 - When receiving resistance near 109.43 (buy) - After confirming the support at 64.90 (Stop Loss) - When it falls below 56.51 (Sell) - When receiving resistance near 70.11 - When resistance is received in the range 79.80-89.59 - When receiving resistance near 109.43 A move above 89.59 is expected to trigger a sharp move. A break below 56.51 is expected to turn into a downtrend. ------------------------------------------------------------ ----------------------------------------------------- ** 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 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
Avalanche: Baby One More Time! 🎤Britney Spears’ voice seems to sound in the background, singing “Hit me, Baby, one more time”, while Avalanche approaches the orange zone between $70.58 and $58.31 one more time. We expect it to dive into the orange zone to finish wave C in green and wave ii in orange. Afterwards, Avalanche should rise upwards more sustainably, crossing the resistance at $98.77 in the process. In addition to Britney’s song, we should keep in mind, though, the 35% chance that Avalanche could drop through the orange zone and fall below the support at $53.16.
BINANCE:AVAXUSD
by MarketIntel
1