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Avalancheusdt

AVAX: Resistance BreakoutTrade setup : Bullish break above $35 key level signaled continuation of uptrend. However, price got very overbought (RSI ~ 90) and we’re likely to see it pause here on some profit taking. Nearest horizontal support zone is at $35 while the nearest Fibonacci Retracement levels (possible support) are $39 (23.60%) and $35 (38.20%). Hence, it appears that $35-$36 could be an attractive swing trade entry area in Uptrend, with upside potential to $50 thereafter. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $35 (previous resistance), then $25. The nearest Resistance Zone is $50.
Long
by altFINS
AVAX: Resistance BreakoutTrade setup : Bullish break above $35 signaled continuation of uptrend. However, price is now very overbought (RSI ~ 90) and we’re likely to see it pause here on some profit taking. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance. Support and Resistance : Nearest Support Zone is $35 (previous resistance), then $25. The nearest Resistance Zone is $50.
Long
by altFINS
AVAX Continued its Upward TrajectoryAvalanche (AVAX) Despite Bitcoin's recent decline to the $40,000 mark, AVAX has continued its upward trajectory this December. In the last fortnight, the asset has surged by 66%, hitting a new annual high at $42.96. Currently, AVAX is undergoing a correction, with its price hovering around the support zone of $32.7-$34.7. The key resistance level to watch is $38.4. If breached, the coin might retest the higher resistance zone of $40.7-$43.0. The future course of AVAX will heavily depend on Bitcoin's trend. A continued downtrend in BTC could potentially drag AVAX down to new lows, possibly to $30.5 or the $26.2-$28.4 level.
Long
by DEXWireNews
AVAX: Resistance BreakoutAvalanche (AVAX) technical analysis: Trade setup : Bullish break above $25 signaled continuation of uptrend and price has surpassed our target of $35 near-term. However, price is now very overbought (RSI ~ 90) and we’re likely to see it pause here on some profit taking. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance. Support and Resistance : Nearest Support Zone is $25 (previous resistance), then $20. The nearest Resistance Zone is $35, which it broke, then $50.
Long
by altFINS
Celebrate the Avalanche's Unstoppable Rise! It brings me immense pleasure to inform you that Avalanche continues to dominate the crypto space, with its price soaring higher than ever before, effortlessly surpassing the moving average. This remarkable achievement is a testament to the incredible potential and resilience of the Avalanche ecosystem. Are you ready to ride the wave of success with Avalanche? If so, then consider this idea your invitation to join the Long Avalanche Movement today Here's why I believe Avalanche is a golden opportunity worth exploring: 1. Unparalleled Performance: Avalanche has consistently outperformed market expectations, demonstrating its strength and stability amidst turbulent times. Its upward trajectory has been extraordinary, instilling confidence and excitement among traders worldwide. 2. Innovative Technology: Powered by Avalanche's groundbreaking consensus protocol, the platform offers lightning-fast transactions and low fees, making it an attractive choice for both institutional and retail investors. The ecosystem's commitment to innovation and scalability sets it apart from the competition. 3. Growing Adoption: Avalanche's popularity is on the rise, with an increasing number of projects and developers choosing to build on its robust infrastructure. The expanding ecosystem clearly shows the platform's widespread acceptance and potential for long-term growth. So, how can you get involved and seize this opportunity? Here's your call to action: 1. Research and Educate Yourself: Dive into the world of Avalanche and familiarize yourself with its unique features, use cases, and potential. Understanding the technology and its implications will empower you to make informed investment decisions. 2. Stay Updated: Keep a close eye on Avalanche's latest news, project updates, and market trends. Follow reputable sources, join the community forums, and engage in discussions to gain valuable insights and stay ahead of the curve. 3. Take Action: When you feel confident and ready, consider adding Avalanche to your investment portfolio. Whether you're a seasoned trader or a beginner, there are various avenues available to participate in the Avalanche ecosystem, including spot trading, staking, and yield farming. So, what are you waiting for? Join the Long Avalanche Movement.
Long
by bryandowningqln
4
AVAX: Overbought at ResistanceTrade setup : Bullish break above $25 signaled continuation of uptrend and price has surpassed our target of $30 near-term. However, price is now very overbought (RSI ~ 75) just as it reached that $35 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking. Previously, price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance. Support and Resistance : Nearest Support Zone is $25.0 (previous resistance), then $22.0. The nearest Resistance Zone is $30.0, which it broke, then $35.0.
Long
by altFINS
3
AVAX: Resistance BreakoutAvalanche (AVAX) technical analysis: Trade setup : Bullish break above $25 signals continuation of uptrend with upside potential to $30 near-term. Stop loss at $24. Previously, price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $22.0 (previous resistance), then $18.3. The nearest Resistance Zone is $25.0, which it broke, then $30.0.
Long
by altFINS
AVAX: Pullback in UptrendAvalanche (AVAX) technical analysis: Trade setup : Bullish break above $22.00 signals continuation of uptrend with upside potential to $26.00 near-term. Stop loss at $19.50, prior swing low. Previously, price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Subsequently, price spiked as high as $24.70 but failed to hold that as traders began to take profits (selling pressure). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $18.3 (previous resistance), then $16.0. The nearest Resistance Zone is $22.0, then $26.0.
Long
by altFINS
AVAX: Pullback in UptrendAvalanche (AVAX) technical analysis: Trade setup : Price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Subsequently, price spiked as high as $24.70 but failed to hold that as traders began to take profits (selling pressure). Now we wait for price to either 1) break above $22.00 to signal continuation of uptrend, or 2) pull back near $18.30 support for a swing entry in Uptrend with upside potential back to $26.00. Nearest support levels are $18.30 and $16.00, which also lines up with Fibonacci Retracement levels of $18.60 (38.20%) and $16.70 (50%). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). Support and Resistance : Nearest Support Zone is $18.3 (previous resistance), then $16.0. The nearest Resistance Zone is $22.0, then $26.0.
Long
by altFINS
AVAX: Pullback in UptrendAvalanche (AVAX) technical analysis: Trade setup : Price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Subsequently, price spiked as high as $24.70 but failed to hold that as traders began to take profits (selling pressure). Now we wait for price to find support for a swing trade entry in Uptrend. How far could it pull back? Nearest support levels are $18.30 and $16.00, which also lines up with Fibonacci Retracement levels of $18.60 (38.20%) and $16.70 (50%). We believe that $16.00-$16.70 looks like a more robust support area. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $18.3 (previous resistance), then $16.0. The nearest Resistance Zone is $22.0, then $26.0.
Long
by altFINS
Avalanche (AVAX) Potential Next MilestoneThis morning, AVAX reached a new yearly high at $24.05. Over the past month, the asset has soared by 170%, with its price moving from $16 to $24 in just the last three days. The likelihood of further growth for Avalanche remains. Potential next targets for buyers might be the resistance levels at $25 and $26.5. However, this will require solidifying its position above the new yearly high of $24.05. Should a correction occur, the asset could fall to support zones between $20.92 and $22.00, $20.4, and between $17.83 and $18.80. These levels would present favorable buying opportunities on the spot market, especially if the BTC price remains above $35,000. Conversely, a more aggressive correction in BTC could lead to a significantly steeper decline in altcoin prices, potentially erasing many support areas.
Long
by DEXWireNews
AVAX: Resistance BreakoutAvalanche (AVAX) technical analysis: Trade setup : Price broke above 200-day moving average and above $14.00 resistance, which confirmed a bullish trend reversal to an Uptrend. Subsequently, price spiked above $16.00, $18.30 and most recently $22.00 resistance levels. Price is now very overbought (RSI ~ 80!), hence, near-term, we’re likely to see it pause here on some profit taking, before resuming its Uptrend. Upside potential to $26 and $30 thereafter. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance. Support and Resistance : Nearest Support Zone is $16.0 (previous resistance), then $14.0. The nearest Resistance Zone is $18.3, then $22.0 and $26.0.
Long
by altFINS
AVAX price prepares for an upward impulse, as far as it can go?Now the AVAXUSDT price is in consolidation under a strong mirror level. Buyers are likely gaining the strength to up break out. Looking at the chart on a large timeframe, we can say that this is a difficult task. So, at the moment, we are making notes for ourselves on a rather modest potential growth in the price of Avalanche token (by the standards of the crypto market) The first target is $13.90 +8%. The second target is $14.80 + 15%. In the price range of $13.90-14.80, sales of those who bought AVAX long a few months earlier, but the growth did not work out, and the deposit was in drawdown, may increase. Usually, in such situations, the human brain thinks: "I can at least sell my coins at "break-even" and it will be good. If the Avalanche project is interesting to you, write about it in the comments, and then we will try to update our thoughts on possible price movements of AVAXUSD more often. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
26
AVAX looks INTERESTING!KUCOIN:AVAXUSDT AVAX is approaching an interesting level for a possible long providing a potential of about 40% upside gains. However, since Bitcoin is sitting in a huge Head & Shoulders pattern, we must let our edge develop on lower time frames 4h to look at entry triggers. Should the Head & Shoulders activate, potential downside target to possible pullback zone is an idea. Future markets open in about 3h 20m Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
by imr4nkh8n
AVAX FLAG!KUCOIN:AVAXUSDT AVAX sitting in a possible bear flag and looks like retesting the 382 (tempting!). In consolidation at the moment. Break upwards will provide potential to 21.56 zone. Break down, look for holding to 13.87 zone. Uncertainty in US markets with potential of further bank collapses. Bitcoin will run in this event providing upside to this potential setup. Key: Let the market show you the direction. Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Long
by imr4nkh8n
Avalanche AVAX price preparing for a new wave of growth ?It is very likely that the AVAXUSDT price is now completing a correctional wave (2) Critical support below which the AVAX price should not fall is $13.90-16 If this is the case, then the Avalanche token holders will face a (3) growth wave ahead. The targets for growth in this wave are currently "smeared" at 37-50$ If this asset is interesting to you, then be active in the comments, we will see them and make more ideas for AVAXUSD as the price grows _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
40