From $46 to Glory or Gloom – Avalanche AVAX JourneyAvalanche is trading at a crucial juncture near $49.08, with price action consolidating in range zone where we will continue to see slow and choppy price action.
1. A bounce from the support level at $46.09 and a subsequent push above $51.62 could signal bullish momentum for AVAX, paving the way for a rally toward the next resistance level at $59.39 (Dashed Green Projections).
2. A breakout beyond this zone would confirm strong buyer interest, potentially targeting higher levels near $66.63 as the next key milestone (Green Projections).
3. A failure to maintain the $46.09 support could open the door to further declines, with the price likely retesting the next major support at $38.32 (Red Projections).
Avalanche
TradeCityPro | AVAXUSDT Analysis Buyer Resistance👋 Welcome to TradeCityPro Channel!
Let’s analyze AVAXUSDT triggers for the upcoming week and prepare for opportunities outside the global market’s regular hours to avoid chasing moves after they occur. 😊
🌍 Market Overview
First, as always, let’s glance at Bitcoin. BTC recently bounced from the 94,661 support level after a drop and is now struggling with the crucial 101,878 resistance. It also faces the psychological $100K level, which remains a significant barrier for traders.
For next week, a breakout above 101,878 could present a long opportunity. Setting a stop-buy order now with a stop loss at 98,857 might prevent missing any whale-driven moves, as the market currently aligns more with the Asian trading session.
If this resistance breaks and Bitcoin dominance drops, consider switching focus to altcoins for potential long trades. However, the next move for Bitcoin might be swift, with higher dominance and deeper pullbacks. Analyze it closely on the daily timeframe.
🕒 Weekly Time Frame
On the weekly chart, AVAX shows strong performance, rallying from $8 to $58 before this bull run. Additionally, it formed a higher low at $20.78 in 2023, a positive sign for this coin.
The trigger for a long position was the breakout above 32.48 on lower timeframes. If you’ve been following, it’s better to wait for a better entry or accept a stop loss to avoid missing out.
This weekly candle isn’t my favorite unless it turns green, confirming buyer strength for a potential hold. A new entry could be considered at a weekly breakout of 58.73, but this carries high risk and requires a wide stop loss. Lower timeframes may present better opportunities.
📊 Daily Time Frame
On the daily timeframe, AVAX recently broke 29.35 and 35.7, triggering spot buy entries. Current positions have returned 76% and 42%, respectively. These figures are shared not to induce FOMO but to encourage consistent market engagement and emotion management. Even if you miss an opportunity, other triggers will emerge.
AVAX has completely recovered from its recent drop, showcasing buyer strength, and formed a bullish V-pattern. This pattern’s breakout confirms its bullish nature. The current resistance stands at 54.01, with an additional key level at 60.37. Of these, 54.01 is the primary level to watch. Managing positions after breaking this resistance is crucial, though reactions at 60.37 are still possible.
Long-term members know this zone was previously a no-trade area. Back then, breaking 54.01 often led to stop-outs, while breaking 60.73 indicated whale activity. Depending on your risk tolerance, consider positioning accordingly. Personally, I prefer buying above 54.01 and accepting a stop loss.
🕒 4-Hour Time Frame
On the 4-hour chart, AVAX has retested its 54.01 resistance and recovered from recent corrections. A breakout above this level could continue its bullish momentum.
📈 Long Position Trigger
Long positions after the breakout are valid, with stop-buy orders and a relatively large stop loss. Above 69.14 RSI, momentum may increase significantly.
📉 Short Position Trigger
For short trades, I’d recommend holding off. As long as Bitcoin trades above 80K, I wouldn’t consider shorting. 😊
💡 BTC Pair Insight
Against BTC, AVAX has broken a significant weekly trendline and rebounded from strong support. It’s currently testing its trendline trigger, with bullish continuation expected after breaking 0.0005403 BTC. RSI above 70.35 confirms the momentum, boosting confidence in the USDT pair if the market remains bullish.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
AVAX's BIG RUNAvalanche’s recent price performance reflects a bullish trajectory, marked by a breakout from prolonged consolidation phases. The chart indicates two earlier periods of accumulation, where rounded bottoms were formed before subsequent strong breakouts. Each of these breakouts led to exponential price increases, with the latest move propelling AVAX’s price to its $50 target.
Support and Resistance Zones Identified:
The $10–$12 range served as a strong accumulation zone for AVAX during the earlier phases of consolidation. As the price gained momentum, the $25–$30 range emerged as a key resistance level.
This pattern showcases AVAX’s strong growth potential following each period of accumulation and breakout.
Will $AVAX break the 1D resistance? Bar here? Going into a down day for market after up days is normal so don’t sell on panic dip.. it’s all still bullish. If anything buy new coins and make diversified portfolio!
Also make sure to pick coins from varied areas of the market. And always research before buying.. not just 5 mins google is it good.. no check white paper people who made it who they are net worth any issues with law? Etc be safe scams are rife at moment!
AVALANCHE — 2024-5Avalanche is a blockchain ( CRYPTOCAP:AVAX ) platform that offers tools and features that allow users to launch DeFi decentralized applications. The platform also has a suite of tools for creating financial assets and enables trading and the building of enterprise-scale financial solutions.
Etna: Enhancing the Sovereignty of Avalanche L1 Networks
A release for the latest upgrade to the Avalanche Network, dubbed the “Etna” upgrade, was published for activation on Avalanche Mainnet scheduled for 12 PM ET (5 PM UTC), December 16, 2024 . This proposed upgrade consists of Avalanche Community Proposals (ACPs) Reinventing Subnets, Add Dynamic Fees to the P-Chain, Warp Signature Interface Standard, Reduce C-Chain minimum base fee from 25 nAVAX to 1 nAVAX, Activate Cancun EIPs on C-Chain and Subnet-EVM chains, and Use current block P-Chain height as context for state verification. The pre-released code version was successfully activated on the Fuji Test Network at 11 AM ET (4 PM UTC), November 25, 2024.
Avalanche is Lurking Hello people I hope you Doing well
This is my personal opinion and analysis. In all markets, anything can happen. So before making any decision, please consider risk management, capital management, and emotion management in your trading.
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals!
This Diamond is Lurking to Move or something? Let me tell you some of my technically ideas to have nice Pump:
CUP AND HANDLE PATTERN
The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks
This one is just with angle but i think you can see the pattern
VOLUME
As you see i drawl the flash for Volume too.this decrease in liquidity and volume is just for miners and Whales not the other traders!i bet the whales will back for this Diamond!we will see the rising volume for avax
And we have some good news for this lovely sleeping crypto Ghoul and The crypto scene in 2024 is electric. Avalanche is breaking barriers with its Avalanche 9000 upgrade, Filecoin is strengthening its grip as the backbone of decentralised storage, and Qubetics ($TICS) is rewriting the blockchain playbook with its revolutionary tools. These three projects represent some of the most promising opportunities for anyone eyeing the best new crypto to buy this year.
Btw thx for reading my Words and thx for your time:)
Good luck
Avalanche Inverse Head & Shoulders PatternThe price action is currently retesting the dotted measured move line for potential support. Always possible to do back below the neckline but if the measured move line holds support we might not. Either way I anticipate ths pattern reaching its full target in the near future *not financial advice*
Avalanche AVAX/USDT - Long Trade 🌟AVAX/USDT
Entry Price= $45.60🟢
Stop Loss= $43.75🔴
Target= $47.90🎯💸
‼️disclaimer please read carefully‼️
*(this not financial advice, always do your own research! i am not responsible for any loss of earnings from any investments that you may make based off any of my ideas. only invest what you can risk to afford to lose if you make the decision to do so. do not invest, unless you're prepared to lose money, if not all.)
(cryptocurrency can be high-risk investments due to the volatillity of it's nature, and you should not expect to be protected if something goes in the wrong direction. seek professional advice from a certified financial advisor.)
#AVAXUSDT Preparing For a Massive Move After the Breakout Yello, Paradisers! Is this the moment #AVAX finally makes its comeback after months of struggle? Let’s break down the # Avalanche's latest analysis:
💎After 4-5 months of a downtrend, #AVAXUSDT has managed to break out of a Descending Channel, thanks to strong support at $22.82. This could be the much-needed turning point, but we’re not out of the woods just yet.
💎For this rally to truly gain steam, #AVAX needs to clear the resistance zone at $30.50-$32.80, which was previously support. If it breaks above this level, we could see a stronger push toward the next major resistance, backed by increasing volume and the 20EMA, signaling that bulls might be in control.
💎If momentum fades, watch for a pullback to retest the breakout zone near $22.82. A failure to hold this support could send #AVAX back toward the lower demand zone at $20.47.
💎A break below $20.47 would hand control back to the bears, likely leading to a deeper correction and wiping out any hopes of a bullish recovery in the short term.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Avalanche Avax price entered the buying zone 4 months ago, all those who chose the 🔴 "red pill" 💊 were right.
OKX:AVAXUSDT price has dropped to the buying zone of $18.7-23.7
So, if you believe in #Avalanche project, the CRYPTOCAP:AVAX price now is "tasty" with the prospect of growth at least x2 by the end of the year.
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AVAXUSDT Approaching Ascending Triangle ResistanceAVAXUSDT Technical analysis update
AVAXUSDT is forming an ascending triangle in the middle of an uptrend. The price is currently moving towards the triangle's resistance, with the 100 EMA acting as support at the triangle's bottom on the 4-hour chart. Once a breakout occurs, a strong bullish move can be expected in AVAX.
Buy Level: Above $37.00
Stop Loss: 33.00
Avalanche (AVAX) Price Technical AnalysisAvalanche AVAX ⬆($42.90) broke above the resistance line of the ascending channel pattern on Nov. 22, indicating that the bulls have overpowered the bears.
If the price sustains above the resistance line, the AVAX/USDT pair could surge to $48 and futhermore past $50.
This positive view will depend in the near term if the price turns down and breaks below ($40.00). Such a move will signal that the breakout may have been a bull trap. The price may then dip to the ($35.00), extending the consolidation inside the channel for some more time.
Avalanche AVAX Is Entering The Most Impulsive Super Cycle StageHello, Skyrexians!
Today we have the easiest for analysis altcoin in our opinion, this is BINANCE:AVAXUSDT . Previous bull run was very impulsive and after severe bear market this crypto is showing great dynamic. Today we will try to understand the targets for Avalanche for this bull run.
Let's take a look at the weekly time frame. The previous bull run can be interpret as the global wave 1. It has the clear 5 waves impulsive structure. After that price went to corrective wave 2 which has ABC zigzag structure. When 0.61 Fibonacci retracement has been reached price started to reverse.
Now AVAX is in the global wave 3 - the most impulsive wave of super cycle which can bring the highest gains with lowest risks. Wave 1 in wave 3 has been finished with the red dot on Bullish/Bearish Reversal Bars Indicator . As always, alerts from this indicator can be automatically replicated on exchange account orders. You can find the information in our article on TradingView .Then wave 2 showed us the pull back, which has been finished with the green dot on this indicator. This is the very strong reversal signal which will likely bring the price to the global wave's 3 targets at 1.61 and 2.61 Fibonacci extensions at $260 and $400.
Best regards,
Skyrexio Team
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AVAX: Gathering StrengthThe AVAX coin has taken a brief pause in recent days, which we attribute to the substructure of the orange wave (iii). In the short term, the price could revisit our turquoise Target Zone (between $29.30 and $17.48), so we are keeping this range active for now. However, the primary trend remains upward, as wave (iii) should extend significantly higher. Following this wave, we anticipate an interim correction, paving the way for another rally to complete the overarching blue wave (i).
AVAXUSDT - Worth Coin!Avax one of the biggest coins according to marketcap( 13 in rank with 14.31b)
Breaking out the falling wedge pattern and rose nicly a 65% Quietly and consecutively rising candles
U can consider it such as DOGE And XRP
Worth it ... It still at the bottom BTW
Best regards Ceciliones 🎯