Avalanche
AvA X ; now how do we pronounce it? 1 of the recent strong altsAvA X ; now how do we pronounce it? 1 of the recent strong alts
'avax' or 'ava..ex'?
wgaf right
one of the strong ones lately. bag holding for recovery pumps. dont think they are over yet.
AVAX short on its test of $85 head and shouldersWe called AVAX short at its push for $100 and were correct.
Now it is coming to test the $85 resistance zone and this head and shoulder pattern has developed.
There is also a lack of demand according to on chain data.
I have pointed out with vertical lines how accurate this RSI histogram has been for buys and sells, and right now it is all over the sell signal.
I do believe AVAX will push for $85 and hit and that is when I will be shorting.
Good luck traders.
AVAX short, upward wedge and moreI like AVAX short here on this daily candle chart. I am selling all rallies over $100.
Here is my criteria:
1. I see an upward wedge and price action that needs correction + a bearish double top. (80% up since Jan 22 2022)
*If AVAX moves back up into this zone highlighted zone I believe it is prime for a short. In case it does I may open a position soon.
2. Long wicks on top of strong buy days repeatedly show me that the price is continually being rejected out of the $95-105 Zone.
3. Right now its looking neutral (spinning top on current daily candle)
*The last three times this was the case, a sell off followed (all marked with a green vertical line indicating date) except for the current one which is marked.
4. 3/3 of the times pre sell off the MACD was above signal and both metrics were/are above zero
5. 3/3 times pre sell off, RSI histogram sat right where it is now and that matches same dates with the neutral green candles + MACD status
6. Global issues still not settled, crypto is clearly connected to institutional money now because BTC/Crypto go down and up with Wall St
**most of my analysis has been done on 1hour and 4hour charts (mainly make plays based off of 4 hour and use 1 hour to check) THIS trade is based on a 1 day chart which I believe makes the indicators even stronger.
*these are just my ideas which I am making plays on, please be careful when trading.
Check below for some of my other recent ideas and how they played out.
AVALANCHE Scenarios If AVAX loses closes week below $80 again and loses $50 support it will confirm H&S with ultimate downward PT at $9. However if it holds $33 -$30 area which falls on Trendline support it will have to decide which way it go from there. $33 to $9 or $33 to New ATH. I’m currently Neutral leaning short on this crypto
Avalanche 6H TA : 02.25.22 $AVAXAll the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts Please feel free to ask in the Comment section .
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 25.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
AVAXUSD 4 hr - This is how i read these charts. Its like seismicThis is my best, as of right now, way to explain my usage of this info. some of it i have to say is just what catches my eye. Certain shapes. I don't assume the price will go there but i assume i am one of millions and what i think is what another would think even wrapped in a different story. So what interest me is result of my non language pattern recognition and my internal dialogue sorting through relevant world influence. Right now i am using the definition that i am following the point between belief and disbelief.
Bitcoin Falls to $34,500 Bitcoin plunged 12% on Thursday as Russia launched an invasion of Ukraine — with explosions heard in multiple cities, and thousands attempting to flee the capital.
CoinMarketCap data shows the world's biggest cryptocurrency fell to lows of $34,459.22 — significantly below the high point of $39,122.39 that was recorded on Wednesday.
Smaller cryptocurrencies suffered even larger double-digit losses. Ether, Binance Coin and XRP are all down by about 13% over 24 hours. Other altcoins — Cardano, Avalanche, Dogecoin and Polkadot among them — have fallen 17%.
Global stock markets have also been sinking — with the tech-heavy Nasdaq 100 now on the brink of officially entering a bear market. On the flipside, the price of oil has surged — with gold outperforming as investors seek safety.
There are a few takeaways here. The first is that Bitcoin appears to be performing more like a tech stock than a safe haven right now — further diminishing the narrative that BTC is a form of digital gold.
A surge in oil prices could also contribute to concerns over spiraling inflation, not least because it could translate to higher energy bills and more pain at the petrol pumps. However, it's unclear whether the ever-worsening crisis would prompt the Federal Reserve to delay interest rate rises that had been planned to commence next month.
AVAX retests $60AVAX has been going down to 60.
It's been doing wave A which will be end at 70.
Next, wave B will retrace 110.
Finally, wave C is going to 60 and bounce over to 90, 120 and surge ATH.
Wait and see
Come back to the race, $128BINANCE:AVAXUSDT has done the correction wave at 53. AVAX is coming back to the race, go up to 128.
Let's see:
AVAX has been progressing the impulse wave with 4 waves which has done.
Time will tell.
AVAX Short Position 22.2.23AVAX is below the resistance level of $ 80 and due to the weakness of movement, one can expect a short position.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 23.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better
AVAX long$AVAX broke through the resistance level and the short-term bearish trendline. Bullish movement to resistance level at 95$ is expected to happen.
🆓Avalanche (AVAX) Feb-23 #AVAX $AVAX
Buying power has appeared at the $70 zone and we can expect a rally to the $85 or $100 zone. The selling might completely return in these zones.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 70$ zone
🔴Buy : 70
🔴Sell : 85 - 100
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 70$ zone
🔵Sell : 70
🔵Buy : 60 - 50
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈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
AVALANCHE (AVAX) close to support area ❌🧨Based on the chart here, we have major support and important weekly trend line for the price ✔️
and
we can see brief correction to the downside, at least to our support level before any pump ❌🧨
if
the price stay above the trend line, here we can see more gain 🚀
unless
more correction to the downside expected ❌🧨
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
Sell-Off Continues Target Mapped!The trendline was broken through decisively. Now the selling pressure continues and I've mapped on the chart the next support zone shown in the turquoise horizontal line. that will be a nice area to add to your position and anticipate a bounce. If that area fails, we can expect AVAX to drop to around $35 and worst case $15.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
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This is not financial advice. This is for educational purposes only.
AVAX USDT Trading SetupWe are expecting smooth ride on Avax usd
Expect a 3 wave correction
and then position yourself
for a smooth ride to 100-110
AVAX 1D Three Levels to Buy LongToday we will consider the chart of AVAXUSDT, the price of which has almost doubled in a month.
But first let's look at our previous idea, where the white route with a projected growth from $40 to $140 worked out completely
As you can see from the AVAXUSD chart, before strong growth impulses, the price likes to be in consolidation to form a bullish flag for a long time.
We also assume the same correction at this stage, which gives us three possible outcomes:
1. The price will either break through and consolidate above $100 in the next few days, or there will be a shallow correction, not below $76 - and then open way for growth with the first target of $200-210.
2. A deeper correction, but without updating this year's low, i.e., not below $60. A consolidation above this level will open the way for growth, with the first target of $200-210 as well.
3. A deep and prolonged correction to the area of $40-45 , from where we had the previous growth. This is a strong mirror level and if the buyers become aggressively active there again and show their serious intentions, it will be possible to buy a large position. The target for growth is $400+ for AVAX, with a very ambitious x10 from the buying zone.
_______________________________
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$AVAX 4H line update blue trendlines and these levels been key
could break down more if we lose these lines
been fun trading this w EMAs
might post a cleaner 1D chart next
ww
$CRA Crabada 4H chartposting so i dont forget ab this
been following it on coingecko for a min
lines ww
Update: Avalanche (AVAX) critical support confirmedUpdate: Avalanche (AVAX) critical support confirmed as great support
... volume profile support
... FIB golden pocket
... support on OBV
Will these 3 support-combination have been strong enough! 😎
Will AVAX break $100 again soon? What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
AVAX - Ready for New Flight and ATHsAVAX is now over resistance and we are LOVING this chat and momentum.
The secret of success is to remember to take profits:
👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆
Time to get back on AVAX again.
One Love,
the FXPROFESSOR
Avalanche (AVAX) - February 16Hello?
Traders, welcome.
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Have a nice day.
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(AVAXUSD 1W Chart)
It is gaining support near section A and is rising.
To continue this uptrend, we need to see if we can sustain the price above the 80.9999458-87.6501953 range.
If it falls from the point of 80.9999458, Stop Loss is required to preserve profit and loss.
(1D chart)
A break from the downtrend line is expected to find resistance at 110.4609778-123.9095360.
In the CCI-RC index, since the CCI line is located in the range of -100 to +100, AVAX can be considered to be located in the sideways section.
Therefore, when the CCI line deviates from the range of -100~+100, a trend is expected to form.
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(AVAXBTC 1W Chart)
Above 0.0015196 point: Expected to create a new wave.
We need to see if we can continue the uptrend along the uptrend line.
A volume profile section is being formed around the 0.0015196 point.
So, if it goes down from the 0.0015196 point, it is likely to turn into a downtrend.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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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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