Avalanche
AVAX Long-lasting sell position entry pointHello there,
This is just an idea. It is not investment advice.
Good luck to everyone.
Avalanche (AVAX) • Low cap with more upsideAVAX is relatively low to mid cap coin that is listed on FTX and Binance.
Despite the fact that everything that is on FTX end up pumping. We have decent RR entry.
AVAX/USDTready for big move? avax/usdt might easily reach to its first target at 57, and if the residence is broke it will go up to 72. GOOD LUCK
🆓Avalanche/USDT Analysis (17/2) #AVAX $AVAXAVAX is stuck below $36.5-38.5 zone and if AVAX does not rebound, it will fall to $30-31.5 zone.
$30-31.5 zone is a good support that we can expect a rally here to $50 zone.
📅EVENTS
👉Mar 31 : AVAX/BZRX Partnership
👉Mar 31 : European Stablecoins
📈BUY
-Buy: 30-31.5$. SL if B
-Buy: 36.5-38.5$ if A. SL if B
📉SELL
-Sell: 36.5-38.5$. SL if A
-Sell: 50-52$. SL if A
♻️BACK-UP
-Sell: 30-31.5$ if B. SL if A
-Buy: 22-23$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
Crypto Coins Watchlist for Next Long Run 20210111Crypto Coins Watchlist for Next Long Run which might have Good Performance
BTICOIN, TOMO Tomochain, SOL Solana, AVAX Avalanche, MKR Maker, NEO, IOST, ZEN Horizen
BTCUSD TOMOUSD SOLUSD AVAXUSD MKRUSD NEOUSD IOSTUSD ZENUSD
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
AVAX Trend Lines and General Review AVAX still holds the trend line. In case of a 4H bar closed below 6.3 may push the price to the green box which is around 5.05-4.87. 4H closes below 4.87 seems dangerous.
For now, the uptrend is working. Needs to be watched with careful stop losses.
AVAX looking bullish*While Bitcoin hitting $25k ATH again, most of altcoins kept rising against USD too.
*But during this time AVAX was falling and retesting the dip and retest was successful
*After resting $2.75 ,AVAX is moving up and will start pumping soon when BTC stops
Targets are $3.55 , $4.1 and $4.5 for now.
Buy zone is below $2.9
Good luck .
$AVAX/USDT 1h (Binance Fut) Descending channel breakout & retest#Avalanche broke out the parallel channel and pulled back, seems to be a good time to enter.
Current Price= 3.1961
Buy Entry= 3.1904 - 3.1580
Take Profit= 3.2632 | 3.3251 | 3.4337
Stop Loss= 3.0998
Risk/Reward= 1:1.2 | 1:2.03 | 1:3.49
Expected Profit= +11.20% | +19.00% | +32.72%
Possible Loss= -9.36%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 4x
Estimated Gain-time= 120h
Avalanche AVAXUSDT - Descending triangle- Bearish descending triangle = continuation pattern to the downside
- The price is below previous trend line, that is bad for bulls
- Not looking good to me, you can short this coin on futures market
If you want more of these ideas, please hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
