Avalanche AVAXUSDT - Huge trendline is breaking out! + Channel- We have a major parallel channel on the weekly time frame.
- Now the bulls are stepping in as there should be another huge pump in the immidiate short term.
- On the 3D/W chart, the only one trendline is currently breaking out.
- Also we a have an ascending triangle, very bullish pattern.
- Looks very good for AVAX at this moment.
- RSI made a new high already, with a double top breakout.
Avalanche
Avalanche (AVAX) - March 30Hello?
Traders, welcome.
By "following", you can always get new information quickly.
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Have a good day.
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** The BTC market chart for altcoins will not be published for the time being as the BTC price appears to be turning upward.
(AVAXUSDT 1W Chart)
Primary resistance: around 107.62
Secondary resistance: 133.79-142.52
Support: 72.72-81.45
(1D chart)
Key Point Point: 89.59
We need to see if we can move up along the rising channel that has been formed in the short term.
However, it may temporarily touch the 4th section (72.72-81.45) and rise, so careful trading is required.
(buy)
- After confirming the support around 89.59
(Stop Loss)
- When it falls below 81.45
- When it falls below 72.72
(Sell)
Sections 1 and 2 are a psychological resistance section, and there is a high possibility of shaking up and down.
So, if you decide to sell 100%, you should not buy again if the price rises.
- When resistance is received in section 1
- When resistance is received in section 3
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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 convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 $200 soon!? Hello everyone,
Avalanche is looking amazing in the weekly with the current double bottom formation.
The stock RSI is currently reversing and the volume is slowly increasing.
Even if this is only the beginning of a new bull run we can easily tell that AVAX is going to be one of the future protagonists.
Have a nice trading week!
AVAX Pullback for Perfect LONG Entry !Currently 0.786 fib level holding resistance as AVAX pullsback after an insane pump,
We look to LONG or BUY the retracement of AVAX to the 0.5 fib level, overlapping with the crucial support @ 103 to 98 zone (white box)
TP will be next major resistance at
TP1 123.8
TP2 143.73
SL 86.15
Do show your support by liking and following if my ideas were helpful : )
Feel free to leave your thoughts and comments below ~
AVAX Bull Flag breakout$avax broke out of bull flag with good volume on H4. PT is 107. #avalanche
Currently at first nPOC with 3 more H4 above lining up with PT.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. Never use just 1 indicator for confirmation.
7. Set Perimeters and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Price Action greater than Indicators/Fractals/MAs
10. Horizontals greater than Diagonals
Please Note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
AVAX, Breaking TrendLine NowAccording to the previous analysis, the downtrend has broken up and is close to the resistance range of $ 90 to $ 100, which can grow well by breaking this range. If the candlestick fails to close above $ 100, there is a possibility of correction or collapse. If the analysis is modified, it will be updated.
Previous analysis is here :
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
AVAX double bottom, breakout points and 50 day SMAI'm noticing this beautiful double bottom with handle on AVAX so I'm picking several points to prove my analysis. One the price continues to move up out of this handle. Two the price moves above the left side of the W. Three the price moves above the right side of the W. Four, if the price does fall down to the 50 day SMA as a test of support, it bounces off that support and moves higher.
AVAX, is this BREAKOUT the BEST buying opportunity?Avalanche (AVAX) is squeezing and trying to break up the trend line! What will happen next?
While most Alcoins have already broken the trend line and Bitcoin is showing strength, Avax is not breaking through local resistance yet.
We think this squeezing of the trend line is a STRONG bullish signal and the price will break up soon. Locally, the Avalanche could easily reach $100 level.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
If this symmetrical triangle is valid on AVAX, target= $177These seem like the most valid trendline for the avalanche usd pair on the weekly chart. If this is a valid pattern and the top trendline is correct then we should see the breakout confirmed by early April. If so the target would be $177. *not financial advice*
AVAXUSDT Next target!AVAXUSDT (1D Chart) Technical analysis
AVAXUSDT (4h Chart) Currently trading at $79
Buy level: Above $80
Stop loss: Below $60
Target 1: $94
Target 2: $119
Target 3: $144
Target 4: $180
Max Leverage 2x / Spot Market
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
M PATTERN ON Smaller Time frame FOR AVAXBeautiful M pattern formation for AVAX for intraday levels. I have places my stop loss of 82 and target against it is 77.5.
Good Risk/Reward Ratio
Even on 4 hourly or Daily timeframe it is approaching its resistance.
Hope that the trade goes in our way...
But anyways Market is the GOD.
GOOD LUCK (;
$AVAX/USDT 4h (#BinanceFutures) Rising wedge breakdown & retestAvalanche lost 100EMA support and is pulling back to it, probably before retracing down again.
Current Price= 79.44
Sell Entry= 79.54 - 82.21
Take Profit= 71.56 | 66.50 | 59.72
Stop Loss= 88.07
Risk/Reward= 1:1.29 | 1:2 | 1:2.94
Expected Profit= +23.02% | +35.54% | +52.30%
Possible Loss= -17.80%
Fib. Retracement= 0.618 | 0.883 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Tags: #AVAX #AVAXUSDT #AvaxNetwork #AvaLabs #PoS #SC #DApp #DeFi #BSC #Gaming $WAVAX
Websites: avax.network avalabs.org
Contracts:
#Mainnet
#BEP20 0x1ce0c2827e2ef14d5c4f29a091d735a204794041
#AVAXC 0xb31f66aa3c1e785363f0875a1b74e27b85fd66c7