Avalanche
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?$avax #Avalanche is at a cross roads. Short is the play until 80 is reclaimed on Daily.
Don't get bullish at resistance. Better to wait for the S/R flip.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
Avalanche looking strong but watch out for this...$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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Avalanche (AVAX) at critical supportAvalanche (AVAX) at critical support...
... volume profile support
... FIB golden pocket
... support on OBV
Will these 3 support-combination be strong enough? 😎
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 - Urgent Update w LevelsBad News:
Bitcoin tumbled in an extended selloff for cryptocurrencies, falling past $39,000 to its lowest level in more than five months.
The largest token sank 5.6% on Friday, marking a three-day downturn. Other cryptocurrencies were similarly in the red as investors offloaded risky bets in a volatile week for global markets. Ether fell below $3,000, losing as much as 8.8%, while Solana, Cardano and Binance Coin also slumped.
Here is our chart with updated levels. Remember to keep your cool and deal with every situation in the best way.
One Love,
the FXPROFESSOR
Trader joe nextSimply $Joe is moving toward a demand zone.
Minimum entry point is $1.1 and TP is around 4.90
Avax made head and shoulders..As we can see Avax made Head and shoulders,retested neckline! Price can fall to 50$..I know sounds “so bearish” but everything is possible in this market.There will be minimum 4 interest rates increase this year to come in the US which is not good for us (for Crypto)
Not financial advice! Stay safe..