AVAX Avalanche: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Avalanche (AVAXUSDT).
The chart is self-explanatory. The price is inside a triangle and approaching an area, which the price could fall back into a consolidation zone. AVAX price is inside the EMA ribbons and above the 200 SMA. If price continues to go down or consolidate, the 50 SMA may come down and complete a Death Cross with the 200 SMA. The RSI support line was broken and the RSI is going back up to re-test it and attempt breakout. MFI support line intact. Keep an eye on the two S/R lines I noted. Lastly Volume is still declining even though it makes attempts to move back up.
Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, Volume, RSI, MFI ( Money Flow Index), EMA Ribbons, and 50 and 200 Simple Moving Average.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Avalanche
Inverse HnS forming$avax #avalanche at support and looking to form right shoulder. As you can see, the last one failed to complete so be patient and wait for confirmed pattern break. PT listed IF it plays out. Don't want to lose H12 close below 77.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
AVAX Daily Analysis.! Long or Short?📊 #AVAXUSDT (Avalanche)
💹 Time Frame: Daily (Update)
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Avax is currently on a downtrend. So far, the price has been rejected three times from this trend line, if this time it can successfully break this resistance, we can expect an upward wave to the 120$ area. BUt If can not break the trend line it can more falling dip .use proper stop loss in your trade.
AmirHossein
📅 02.12.2022
⚠️ (DYOR)
AVAXUSDT, Its time to have some move down Hello everybody
If you want to learn Fundamental & Technical analysis send us messages ---> Our id is in profile
AVAX is one of the most powerful project that is working on many property base and it can be the future because ...
According to the chart and previous analysis, exactly the price recovery it self from the support zone area and had some rised.
But until now the trend of the price was not changed and the trend is downward and we should only take short position because is according to the trend.
Also you can put your stop loss at the higher shadow of the candle a little upper and put our target exactly very we put and observe your capital management.
Good Luck
Abtin
Previous analysis :
AVAX Avalanche Entry Price ReachedTraders,
I didn't think it would happen in hours. I doubted it would happen within days.
A few hours ago, I did video analysis on AVAX. At that point it was pushing up into the purple triangle. I remained skeptical it would remain on the top side of the purple line by candle close. The price I was looking to reach on the downside was $78-80. I expected we might get there in a week or so, maybe days. But we almost did it in a few hours. If you snagged this up at the low then congrats to you. The power of technical analysis is shown once again.
- Stewdamus
Bitcoin Update 2/7/22 - Trending UP, but a DECISION AREA Bitcoin is currently at a very important Decision Area (44,000). How it handles this level will be very telling of what is likely to come in the near future. This is a prior Support turned Resistance. If we can stay above it, I see a good chance that we get to a new All Time High. If it struggles here and stays in a range, however... we will likely see a much deeper drop in Bitcoin and a long Bear winter season.
A possible Bullish sign... Today, Bitcoin started to show a little decoupling (detachment) from the Stock Market today as it moved up while the Stock Market fell. Whether or not this will be a trend or just a temporary thing remains to be seen. It is possible that just like in the summer, all of the Bitcoin paper hands have been shaken out and all the Bitcoin diamond hands have come in to grab all the Bitcoin at their desired price. If so, then that may be the turnaround needed for a continuation to a new All Time High. Will be watching...
Avalanche about to tank?$avax #Avalanche is at a cross roads. Short is the play until 80 is reclaimed on Daily.
Don't get bullish at resistance. Better to wait for the S/R flip.
——————————————————————————————
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. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > 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!
Avalanche looking strong but watch out for this...$avax #avalanche 100 and 200EMA converging at horizontal resistance at $82-83 which should act as decent resistance. Need to reclaim 50EMA first (blue line).
Play would be to 100 after break above.
——————————————————————————————
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. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > 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!
AVAXUSDT-SHORTBased on technical factors there is a short position in :
AVAXUSDT Avalanche
Score 3️⃣
🔴Short Now or set on Key Level 71.95
🟢Target 1 66.65
🟢Target 2 62.20
🟢Target 3 52.70
❌Stop loss 74.55
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
AVAX Signal for HODL : 01.30.22 $AVAXAll the important levels of support and resistance are marked on the chart. In this analysis, we will identify good entry points for you so that you can buy in these ranges when the market falls further .
📊 First Entry Point : $ 55.55
📊 Second Entry Point : $ 33.33
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 30.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Avalanche (AVAX) - January 28Hello?
Traders, welcome.
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Have a nice day.
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(AVAXUSD 1W Chart)
Above the 30.5062427 point: the uptrend expected to continue
Although it is in a downtrend, the chart as a whole is maintaining an uptrend.
The 56.5183378-63.3093173 section is the previous high point section, so it is necessary to check whether it is supported in this section.
To continue the uptrend, it must rise above the 87.6501953 point.
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(AVAXBTC 1W Chart)
Above 0.0012 point: Expected to create a new wave.
However, since a volume profile section is being formed near the 0.0015196 point, it is important to maintain the price above this point.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
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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