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Avax

Alikze »» AVAX | Head and shoulders pattern🔍 Technical analysis: Head and shoulders pattern - It is moving in a downward channel in weekly and daily time. - In the previous post , it was mentioned that if the supply zone fails, it can touch the next zones, which after retesting the zone, failed to break the red box and formed a corrective structure. - According to the current corrective structure, a head and shoulders pattern is formed. - Also, due to the failure of the neck line, any return can be a pole back to the broken structure. - So the break of the $25 area will also lead to the break of the channel and it can have a triple correction with Fibo targets of 100 - then $12.5 and Fibo of 1.618. 💎 Alternate scenario: If the $25 zone is maintained and the supply zone fails, it can retest the next zone. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:AVAXUSDT
Short
by UnknownUnicorn7266498
AVAX/USDT: 70% PROFIT POTENTIAL TRADE SETUP!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! AVAX looks decent here. Breaking out from the falling wedge-like structure in the daily time frame and currently, retesting it. Also, holding 50MA support here very well. Buy some here and add more in the dip. Entry range:- $27-$29 Targets:- $33/$38/$42/$48 SL:- $24.5 Lev:- 2x-4x What are your thoughts on AVAX's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
detailed important chart tells u why to buy AVAXin weekly chart can notice a breaking out of falling wedge pattern finally after more than 6 months.. the price now moving in huge ascending channel going to making new ATH in next few weeks.. u can see elliot wave in the chart and It's clear that elliot wave correction done one of the biggest coins in the market ... ranked 11th in terms of market cap (11.871B) it's on good support and suitable place to buy ... long term target is 200$ best regards ceciliones🎯
Long
by ceciliones
1
Avalanche AVAX price is on the verge of a strong movementThe trading volume of #AVAXUSDT has firmly established itself in the top 10. So is Avalanche token being actively sold or bought now? We will have all the answers soon, but for now, here are two scenarios for the CRYPTOCAP:AVAX price movement: 🔴 red - $35 - $45 - ($18.7-23.7) 🔵 blue - $32 - $55 - $43 - $110 So which pill 💊 will you choose 🔴🤷🔵 ? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
6
AVAXUSDT.1DAs I analyze the daily chart of AVAX/USDT, several key patterns and levels stand out to me. Resistance and Support Levels Resistance Levels: R1: The first significant resistance level is around $31.48. This level aligns with previous highs and acts as a potential target if the bullish momentum continues. R2: The next major resistance is around $45.18, which marks the highest point observed on this chart. This level will likely serve as a strong barrier to further upward movement. Support Levels: S1: The initial support level is at $18.85, where the price has shown a tendency to bounce back after recent declines. S2: A more robust support level is at $8.61. If the price falls below this, it might indicate a more prolonged bearish phase. Technical Indicators Relative Strength Index (RSI): The RSI is currently at 48.43, which is relatively neutral. This indicates that the market is neither overbought nor oversold at the moment. A move above 70 would suggest overbought conditions, while a drop below 30 would indicate oversold conditions. Moving Average Convergence Divergence (MACD): The MACD line is slightly above the signal line, with values of 0.61 and -0.48, respectively. This suggests a potential bullish crossover, which could lead to upward price momentum if confirmed by further movement. Trend and Pattern Analysis I have observed a harmonic pattern forming, which suggests a potential reversal zone around the current price levels. The completion of this pattern indicates that the price might head towards the resistance levels mentioned above. The price has recently broken above a downward trendline, which adds to the bullish sentiment. If this breakout holds, it could pave the way for a move towards R1 and possibly R2. Market Sentiment and Predictions Given the current setup, my expectation is for AVAX/USDT to test the resistance at $31.48 in the short term. A successful break above this level could see the price aiming for the $45.18 resistance. Conversely, if the price fails to maintain its current levels, it might retest the support at $18.85. A break below this could drive the price down towards $8.61. Conclusion In conclusion, while the overall sentiment appears cautiously bullish, it is crucial to monitor the key support and resistance levels. The RSI and MACD indicators support a potential upward move, but confirmation from price action is essential. I will keep a close watch on these levels and adjust my strategy accordingly.
Long
by MarsSignals
AVAX Analysis: Potential Price Movement and Key Levels✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day. 📅 Let's dive into today's analysis, focusing on the AVAX coin in the crypto market. 🗂 About the Project: AVAX, or Avalanche, is a decentralized platform known for its high throughput and low latency, making it a preferred choice for developers building decentralized applications and custom blockchain networks. It's particularly popular among DeFi enthusiasts due to its unique consensus mechanism and scalability. ⌛️Weekly Timeframe In this timeframe, AVAX has experienced significant movements. Recently, it saw an upward trend reaching a peak of 126.52, which was a critical supply zone. Following this, the price entered a correction phase with lower volume, suggesting the strength of the previous upward trend. Currently, AVAX is at a support level of 20.83 after a correction phase. 📈 If AVAX stabilizes above 31.32, we can anticipate a bullish momentum potentially pushing the price towards the next resistance at 58.74. Confirmation of a new upward trend will depend on candle stability above this level. 📉 Conversely, if AVAX falls back into the range between 20.83 and 31.32, and stabilizes below 20.83, it indicates a bearish trend continuation. The next critical support level would be around 15.91. 📊In both scenarios, volume analysis is crucial. A healthy trend should be supported by corresponding volume without any divergence. ⌛️Daily Timeframe 🔍On the daily chart, AVAX ranged around the 31.22 level before initiating another downward wave. Currently, there is noticeable bearish momentum, and the price has found temporary support at 21.49. 🧲Given the current setup, a stabilization below 21.49 could signal another bearish wave. On the flip side, if the price moves above 31.22, it could indicate the start of a bullish trend, targeting higher resistance levels. ⌛️4-Hour Timeframe 📈In the 4-hour timeframe, AVAX has pulled back to the SMA99 and reached the resistance at 30.98. Volume analysis shows a decrease, indicating potential exhaustion of the recent upward movement. 📉For short positions, the key levels to watch are 30.98 and 33.77, where price reactions could provide better entry points. For long positions, critical levels are 25.01 and 21.49. RSI Oscillator 💥The RSI is currently ranging between 44.87 and 59.76 on different timeframes. Breaking these levels could provide confirmation for opening positions. However, always use these levels in conjunction with candle patterns and volume analysis to find the best entry and exit points. 📉Given the current bearish signals in the daily and 4-hour timeframes, alongside the potential trend change in the weekly timeframe, I am inclined to open a short position. However, this is based on my trading strategy. Each trader should base their decisions on their strategies and risk management plans. ⚠️Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
by itsparham96
3
AVAX: Scouting The Best Entry After More PAINAVAX has been trading inside this bearish channel for several years at this point. It's very plausible that AVAX will break through the top resistance if BTC keeps going up, hence the reason that this is not a short-signal, but rather a "buy from here if we go down again" - signal. IF AVAX starts losing value again, I'm keeping an eye at the bottom support of the channel to make a long-term bullish entry. Remains to be seen whether this support will ever be hit again, but better to be prepared in case it does!
Long
by FieryTrading
14
ALTCOINS That are STRONG NOW1) AVAX If AVAX can close ABOVE the short term resistance zone, the way up is cleared and more upside potential becomes highly likely: 2) OPUSDT: OP bottom should be either close, or in as it made a full retracement after the last high: 3) PALM AI Palm has made a full retracement and filled out the opening candle. If you've been following me for a while, you'll know that this is an important metric for me to watch when buying newly released alts: 4) ARB Incase you don't know, I have this belief on buying newly released alts where I say the price WILL return to the opening candle zones sooner or later. A healthy bounce from here is then perceived as a sign of strength as the alt is ready for more upside. More on the above strategy here: HOW to BUY NEW ALTS:
Long
by Crypto-Check-
1
#AVAX/USDT#AVAX The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside. We have a bounce from a major support area in green at 24.00 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward. Entry price is 27.00 The first target is 30.35 Second goal 32.33 Third goal 34.71
Long
by CryptoAnalystSignal
#AVAX Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: CRYPTOCAP:AVAX is at the tip of the resistance trendline and the 50EMA. A breakout above the current resistance at $29.3 will possibly establish a bullish trend for AVAX. On the other hand, a rejection can be considered a good buyback opportunity in the range of $24.32 to $25.88. Key Observations: - Primary Resistance: $29.3. - Target Range: $41, $50, $58, $65. - Support: $24.32 to $25.88. Conclusion: Wait for the daily close to confirm a breakout or rejection pattern. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
1
Alikze »» DOT | 61.8 Fibo retest scenarioAccording to the long-term analysis, the DOT currency is moving in the 1W time frame, which, as mentioned in the updated micro-waves of the previous post, completed a complete cycle in accordance with the path in the range of 11.92. 💎 First scenario: due to the recent three-wave correction and support in an important PRZ area, an upward corrective movement is currently underway, which is currently stopped at the 0.618 area. Therefore, if this X wave is not upward and after the completion of the correction log until the liquidity zone or PRZ leads to the failure of the zone and the daily candle is closed above it, it can continue the movement until the specified resistance PRZ zone. to give 💎 Second scenario: If the support PRZ area is broken, this can lead to a continuing corrective lag and a combined correction and correct the whole wave up to 0.23. If the behavior and structure of the post changes, it will be updated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by UnknownUnicorn7266498
Lower usage brings lower prices ---- AVAXThe employment data on Friday didn't change anything. Although gold and U.S.stocks rebounded, crypto continued to fall due to potential selling pressure from Mt. Gox and others. We believe this situation may continue into the interest rate cutting cycle. When recently sorting out on-chain data, including activity, TVL and other data, we found that the data of some old chains continued to decline and their fundamentals deteriorated seriously. This will result in its performance in the market being generally worse than other public chains. Avalanche is one of them. Except for the popularity of SocialFi protocol Arena in its ecosystem last year, there is almost no news at all. The same is true from the data. According to the number of 24h active addresses announced by Nansen, Avalanche holds about 40k active addresses every day, which is far less than the mainstream chains. And in terms of TVL decline, Avalanche and Optimism have become the largest heading chains with the largest decline recently. Of course, Optimism’s TVL is shared more with other chains in the OP alliance, such as Base. Avalanche, on the other hand, had a net outflow. The same is true from the indicators. Although the market has rebounded in the past two days. But AVAX is always below the wavy area of the TSB indicator. And the current trend is a downward trend that started on July 4th. This shows the weak performance of AVAX. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius