Avalanche longAvalanche bounced off the support level. Asset broke trough off the upper boundary of descending channel. Bullish movement to support level at 90.5 is expected to happen.
Avalanche
🆓Avalanche (AVAX) Apr-20 #AVAX $AVAX
AVAX just formed a bear-trap when it broke down to the $75 zone, so in the near future AVAX can rise sharply to the $100 and $120 zones. The $120 zone may not be the final target for AVAX as it can still break through with a Broadening Rising Wedge pattern. However, if AVAX loses the $75 zone, it will easily fall back to the $55 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 75$ zone
🔴Buy : 75
🔴Sell : 85 - 100 - 120
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 75$ zone
🔵Sell : 75
🔵Buy : 65 - 55
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
AVAXUSD close to starting a rally to $250.00Avalanche (AVAXUSD) has been trading below the 1D MA50 (blue trend-line) for the past week, ever since the pull-back from the April 02 High. Even though that rattled the confidence of many market participants, there is no cause for concern as this was a short-term profit-taking correction within the larger Rising Wedge pattern on the long-term.
The coin is coming off an Accumulation Phase similar to those of June - July 2021 and October - December 2020. The 1W MA50 (red trend-line) has been supporting for the past 8 months and the 1D LMACD is approaching a Bullish Cross formation. This is a bullish indicator mix, familiar with the previous Rise phases that led to Higher Highs on the Rising Wedge.
The next Higher High is expected to be close to the 1.5 Fibonacci extension. We set a $250.00 long-term target on AVAX.
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Avalanche (AVAX) - April 19hello?
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(AVAXUSDT 1W Chart)
Primary resistance: around 79.80
Secondary resistance around 109.43
Support: 56.51-64.90
(1D chart)
(buy)
- After confirming the support in section 79.80-81.31
(Stop Loss)
- When it falls below 79.80 and receives resistance
(Sell)
- When receiving resistance near 89.59
- When receiving resistance near 109.43
(buy)
- After confirming that it is supported above 64.90
(Stop Loss)
- When it falls below 56.51
(Sell)
- When resistance is received in the range 79.80-89.59
- When receiving resistance near 109.43
If it rises above 89.59, a sharp move is expected.
If it deviates from the uptrend line and goes down, it is likely to drop below 64.90, so trade with caution.
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** 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.)
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AVAX 1D ViewEveryone forgot AVAX's existence but the big hands didn't forget this blue crypto token and gonna buy it hard soon, watch it close.
will the weekly trend hold our price??Hello everyone
In 4 hours chart on AVAXUSDT ,We have a good support level on 72.50$ ,plus a weekly trend line which been tested several times and held up pretty good,and we have a support level on 76.50$,which is being tested again as i'm writing this.
For now, because we are still in a bear channel (my opinion not financial suggestion),what i'm doing is to buy at the bottom of the market and sell on top, in lower time frames of course.
short on AVAX$AVAX bounced off the resistance level and the descending trendline. Bearish movement to the support level at 64.65$ is expected to happen.
AVAX IS GETTING READY TO TAKE THE STAGE
SMA's gathered together tightly, which is a sign of imminent and sharp price action.
98$ is a strong resistance but has been tried many times and got weaker.
The resistance on the RSI got broken after a long time.
Volume is tiny but still not very bad. A higher volume in the resistance breakout can still render the setup stronger.
You can consider buying either when the resistance is broken or the price drops back to the trend line.
Avalanche (AVAX)hello - Clearly an extended correctional structure. Wave W and X has been completed. Now starting Y leg.
$AVAX 1D lines to watchlove these levels
hit 64.529 since last posts' breakdown
LTFs/EMAs ww
execute accordingly
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🔰As the analysis shows, the best place to buy low risk is at the intersection of the uptrend line (white) and the support line (orange)❗️
The profit and loss limits are specified in the image👌
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AVAX trend lines#AVAX/USD
$AVAX hold the long term ascending support.
🐮 price can head up to resistance zone around $90 that is the same with ascending trend line.
break out from this resistance can increase price to resistance zone between $110 and $120.
🐻 rejection from $90 can drop price to current support that touched more than 3 times and possible to break it down to support zone between $60 and $50.
Retest and bounce, take profit 40% On daily chart
After the breakout, AVAX is retesting and preparing to raise within the target at 120 at least and further at ATH 147.
Right now, we have a good chance to own Avalanche BINANCE:AVAXUSDT at good buying zone.
Wait and see what next.
SPECULATION FOR THE NEXT SCENARIO ON AVAXUSDT DAILY -WHAT ABOUT?Technical analysis regarding the price of AVALANCHE in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
1hr to go. Bullish OBV on the 4H for $BTC?These bullish divs in the 4H BTC chart often play out quite well. I'm not excited that we are below the SuperTrend on that timeframe, but the OBV div is set to print in the next 50 minutes. Keep your eyes peeled. Elliot Wave has fully played out as well on multiple time frames.
Let's see how it goes. Market feels super heavy except for NEAR and AVAX is holding onto it's POC at around $85. $*7 for AVAx is quite a critical point .
REMINDER: It's Friday, a weekend.
We have had historically bad dumps on Friday nights when everyone is AFK. Keep those stops tight.
Stay safe and rich out there.
AVAX/USDT BTC will drop slowly but Avax is a strong coin. I think it's even stronger than eth, so it can drop to the most marked place or complete the ongoing rise in the channel.
It is not financial advice.
long on AVAX$AVAX has reached our last target at support level and now is bouncing off. Major bullish trend is likely to continue and reach 101$
LONG AVAX📍SIGNAL ID: #024📍
COIN AVAX/USDT ( 10x )
DATE : 8 April 2022
Positions : BUY / LONG 💹
➖➖➖➖➖➖➖
Entry < $89.2
SL $80
TP max $99
XAVA at long term support#XAVA/USDT
$XAVA broke out descending resistance and confirmed it as support, also price is at long term support zone.
🐮 if price hold this support it will head up to resistance zone around $6 and maybe next resistance zone.
🐻 if it breaks down from current support, next support is around $2.
AVAX - Needs to go Lower for SupportOur updated chart on AVAX shows resistance can't be breached over yet. This most likely means we will need to watch the price go lower to the next support levels.
Market is still weak so we need some short positions again; same like the last days.
Keep you posted.
One Love,
the FXPROFESSOR
AVAX/USDT: Recovery to 120.00 expected in a first step (Update)AVAX/USDT: Recovery to 120.00 expected in a first step (Update view) - For AKTIO (akt.io) users
Avalanche - AVAX is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Any smart contract-enabled application can outperform its competition by deploying on Avalanche.
Previous analysis - 11/02/2022 :
Context
Avalanche is a hot trendy network platform which introduce the token in october 2020 before progressing fast towards the 54.00 USDT area and evolving in a trading range the first semester of 2021.
The AVAX price action during sept/oct 2021 confirmed the bullish breakout from the consolidation phase with a pull back on the former resistance (54) - The consolidation ended in January 2022 on the same level which graphically speaking caling for a strong validation
The long term logic ( Elliot / Harmonic proportion) lean towards a construction of the wave C or (3) which providing a Strategic perspective target towards 170.00 only after at least surpassed the 120.00 tactical in daily close.
After having reached the first intermediate resistance at 104.00 a ''setback before rise'' scenario is likely.
Tactical View - 1 to 3 Weeks
Technical elements (EMA21/55/89) are all surpassed acting as support at 82 area (entry level in case of dips) and the RSI indicator is also reaching the positive area above 50% providing a clear bullish signal (Pullback potential).
As long as Key Tactical Support remains valide at 68,30 in daily close a further bullish move in extension is expected towards at least 120,00 - then a confirmation of the upside breakout in daily close will be necessary to open 170
Only a break below 65,30 will jeopardize the actual bullish picture opening an alternative bearish potential towards the Strategic Key Support.
We add AVAX at 74,90 in the AKT Portfolio (check giveaway and special golden ticket to get aktio coin limited !!! in signature below)
Enjoy my friend
AVAX/USDT by CryptoTradersWWOn a simple chart, the former support of $100 has now turned into resistance.
Looking at the most recent price movement, it appears that the price has formed a prospective ascending triangle, implying that buyers are entering on every dip. We received another rejection at $100 yesterday, so if you're thinking about going long, this is a high-risk trade unless we see a reclaim of $100 as support.
The first area of attention is the $80 region, which has numerous levels of confluence. We could see another move down to establish another higher low.
Range point of control + daily support + 50-day moving average The ascending trendline provides support farther down.
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Avalanche shortAvalanche bounced down off the resistance area. Asset broke trough the ascending trendline. Bearish movement to support level at 82.7 is expected to happen.
