#AVAX/USDT#AVAX
The price is moving in a descending channel on the 12-hour frame
We have a commitment to the limits of that channel
Now we have a breakout of the downtrend
We have buying momentum on the MACD indicator
Entry price is 36.29
The first goal is 37.96
The second goal is 40.78
Third goal 43.59
Avax
🔄 AVAX Spot Trade: Setting Up Within Support Zone! 📈💹📊 Analysis:
Spot Trade: Initiating a spot trade on AVAX.
Support Zone: Ladder into the trade in the $32 - $35 support area.
Resistance Levels: Target profit at $50 - $54 or $65 - $72.
Risk Management: Set a stop loss just below $30.00.
🌐 Note: Exercise caution during entry, especially regarding potential downside wicks. It's advisable to wait for price stabilization before entering.
AVAX : high risk SL📊Analysis by AhmadArz:
🔍Entry: 43.66
🛑Stop Loss: 44
🎯Take Profit: 43.27 - 42.60 - 41.82 - 39.94
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AVAXAvax, also known as Avalanche, appears poised for a bullish trajectory, signaling potential gains of up to 100%. With its robust ecosystem and innovative technology, Avax has been gaining momentum in the crypto sphere. Its recent performance showcases resilience and upward momentum, suggesting a favorable outlook for investors. The project's unique consensus mechanism, Avalanche consensus, offers high throughput and near-instant transaction finality, enhancing its appeal among users and developers alike. Additionally, Avax's expanding DeFi ecosystem and partnerships further bolster its growth prospects. As the crypto market continues to evolve, Avax stands out as a promising asset with the potential to deliver significant returns to investors. Keep a close eye on Avax as it charts its course towards potential gains in the near future.
New Years Eve!❄️ AVAX ADA LINK ETH HOT Situations!Hey guys!
A friend has recently asked me to review some coins so here are my analysis starting off with and will publish screenshots of the other coins possible outcomes in the comments area.
As always, please manage risk accordingly and don't get ahead of yourself. Walk with caution and stay wary market conditions could potentially change at any given moment it's just a matter of a catalyst for this to blow up! Now, here are my UNBIASED directions so you are prepare to comfront different situations that could happen at each coin.
My gift to you dear reader. Happy New Years Eve!!! ❄️
Kina the Girly Trader ❄️
Avalanche: Gained Momentum 🔥AVAX continued to decline until last Friday. Then, however, there was a change of direction and the price shot up by more than 12%. This development strengthens our assumption that the downward swing was merely part of the substructure of the current (corrective) upward movement. We now primarily expect the magenta wave (b) to bring further significant increases. It should only end below the resistance at $56.43, where a fresh sell-off should replace it. The price should then fall back significantly to complete turquoise wave 2. However, our alternative scenario (48% probable) should be considered, which calls for sustainable rather than corrective gains. It comes into effect on a break of the $56.43 mark and already sees the coin in the turquoise-colored wave alt.3.
AVAXUSDT ANALYSIS 1H
You seem to want to conduct a technical analysis of the AVAX/USDT trading pair. Here's an interpretation based on the information you provided:
Critical Resistance Zone: You've identified a significant resistance zone between 39 USDT and 39.7 USDT. This suggests that the price is struggling to break above this range, indicating potential selling pressure in this zone.
Sell Position: You propose taking a sell position in this zone, indicating an anticipation of a potential price decline from the identified resistance.
Risk-Reward Ratio (RR): You mention a risk-reward ratio of 1:4. This implies that your profit target is four times larger than your stop loss level—a common approach for better risk management.
Stop Loss and Gain Levels: You suggest placing the stop loss at 40 USDT, slightly above the resistance zone, and setting the gain at 35.8 USDT, based on supply and demand zones.
Supply and Demand Analysis: Your approach is grounded in the theory of supply and demand, considering areas where supply and demand are likely to interact.
It's crucial to note that trading always involves risks, and market movements can be unpredictable. It's recommended to exercise caution and conduct thorough research before making trading decisions. Additionally, keep in mind that financial information is subject to rapid changes, and staying informed about real-time market developments is essential.
🏔️📈 AVAX - Support and Potential Entry Points! 🚀💰🔍 Current Situation:
Support Found: AVAX has identified local support at $34.74.
Price Movement: The price is gradually advancing toward $42.30.
🚨 Contingency Plan:
Next Major Support: If the current level is lost, the next substantial support lies at $28.
📊 Trading Strategy:
Laddering In: It's considered safe to ladder into positions as long as AVAX maintains and constructs structure at $35.27.
📢 Note: Always stay vigilant about market conditions and adjust your strategies accordingly.
Keep an eye on broader trends and potential scenarios. 🏔️📈 #AVAX #CryptoTrading #SupportEntry 🚀💰
AVAX WEEKLYBullish on AVAX/USDT / Weekly Chart.
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and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
AVAX Bullish Price Action!Long opportunity here on AVAX . Falling wedge which is a bullish pattern. Price has reclaimed the .786 & POC. Target is 14% away.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
AVAXUSDT Avax looking to breakoutMany cryptos breaking out of short term downtrends.
Keep your trades simple. Look for Avax to break the downtrend, wait for the retest to confirm.
Take profit at;
38.1878
40.745
42.971
Caution, if BTC has a small pull back look for atls to have a big move down invalidating the trend breakout.
Buy Signal for AVAXUSDTAnalysis:
RSI Bullish Divergence (Yellow): The Relative Strength Index (RSI) is showing a bullish divergence, indicating potential upward momentum.
MACD Bullish Divergence (Light Blue): The Moving Average Convergence Divergence (MACD) is also displaying a bullish divergence, supporting the bullish bias.
Price Approaching Point of Control (POC): The price is nearing the Point of Control (POC), suggesting potential support or a reversal point.
Volume Profile Analysis: Zones with higher volumes in the volume profile have been identified as TP1, TP2, and TP3.
Trade Plan:
Entry: Consider entering a long position as the price approaches the POC or at current levels, given the bullish divergences observed in the RSI and MACD.
Take Profit:
TP1: Set the first take-profit level at the zone of higher volume identified in the volume profile.
TP2: Place the second take-profit level at the next zone of higher volume in the volume profile.
TP3: Target the third take-profit level at the subsequent zone of higher volume.
Stop Loss: Set a stop-loss order below the recent swing low or a suitable support level to manage risk.
Risk Management: Ensure proper risk management by allocating an appropriate portion of your capital to this trade and adjusting position size accordingly.
Note: Always conduct thorough analysis and consider using additional technical indicators or confirmatory signals before executing any trades. Risk management is crucial to protect your capital in volatile markets.
Avalanche: In the Mood for More!February has been very positive for the AVAX price so far. In the next step, the altcoin should establish the high of the magenta wave near the resistance at $56.43. Thus, the latest bearish pressure should be conquered soon in favor of new upward momentum. As part of our primary scenario, the upcoming wave high should initially be followed by a sell-off until the low of the turquoise wave 2 is settled. However, there is a fairly high 40% chance for a clear breakout above the mentioned resistance. In this case, the turquoise wave alt.2 would have already been finished.