Avax
AVAX Forecast: Cloudy Week Ahead ☁️ - Bearish OutlookAlthough the global crypto market enjoys ☀️ sunny trading conditions with a few ☁️ scattered clouds in the next 24 hours, as predicted by ATTMO, some altcoins like AVAX may encounter more ☁️ clouds over the one-week horizon, implying a downside risk.
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AVAX. 200%If the global descending channel is valid, then whatever one may say, the price should test the channel upper border. In fact, we are heading towards it...
We Are Near at Low of a Bullish ChannelI think is Good Chance To Complete Buying Of Avax In This Area If Red Triangle Breaks Toward Up
AVAXUSDT 1HSupport levels for AVAX/USDT are currently at 12.92 and 12.77. These represent price points where there has historically been enough buyers to reverse a downward trend.
On the resistance side the levels are at 13.42 and 13.75. If the price approaches these levels, investors may want to consider selling or reducing their positions.
The MACD , a trend-following indicator that shows momentum, is pointing down. This could indicate a possible downtrend or a weakening in the uptrend.
The relative strength index indicates that buyers are in control at the moment, which could hint at potential upward movement in the future.
Chop indicator is at 45.85. As the value is below 61.8, it could indicate that the market is trending and unconsolidated.
This could be a sign of temporary volatility, which can be common on Sundays in the cryptocurrency market, so this movement may not be indicative of a longer-term trend.
AVAX Has a a very good Investment Opportunity Hey Everyone,
today we have Avax, one of the best project in crypto market
it has a very good Investment opportunity
risk to reward is very good (almost 500 time ) it is a long shot, but it is worth it.
good luck
AVAXUSDT at daily support and likely to bounceThe price is trading at daily support DS1. Very close to it is daily support DS2. The price may bounce from here from DS1 or may also go to DS2 and bounce from there. However, a long is favorable from DS1/DS2 towards daily resistance DR1 around 13.5 area.
Avalanche Oversold Oscillators On The 4 Hourly!Oversold on MACD, RSI, and Stochastic RSI on the 4 hourly time frames. All 3 major oscillators in trough zones. First targets $14.00. Could drop in the lower $12 region though. Anything below $14 is a nice buy for Avalanche. Much peace, love, health, and wealth!
🟢 AVAX - 4H (24.07.2023)🟢 AVAX - 4H
My EP 1 limit long for AVAX has triggered at 13.480 . Looks like a bull flag formation.
Full setup as follows:
EP 1 - 13.480
EP 2 - 13.110
SL - 12.800
TP 1 - 14.260
TP 2 - 14.640
TP 3 - 15.00
AVAX Downward shift expected to retest the daily swing lowAVAX confirmed a bearish breakout on the recent impulsive retracement formed. Here we expect a possible downward shift to retest the swing lows formed close or below $11
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.
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AVAX run the highs before going lowerA large amount of shorts have opened here and along with FED increasing interest rates there's a lot of fuel waiting at the highs. General trend is still bearish so would be cautious of price taking out the previous low.
AVAXUSD: testing the 1D MA200 and top of 6 month Channel Down.AVAXUSD hit today the 1D MA200 for the first time since May 8th and almost reached the top of the Channel Down pattern. With the 1D timeframe turning bullish (RSI = 67.628, MACD = 0.250, ADX = 21.860) but the RSI also at the top of its own Channel Down, we want to get a confirmation of a breakout before buying and that will be above the R1 (17.6000), otherwise we will wait for a 1D MA50 retest. Either way, our medium term target is the R2 (TP1 = 21.5000) and long term the R3 (TP2 = 30.8000).
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AVAX ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the AVAX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
🔥 AVAX Great Reversal Potential With High Risk RewardA few weeks ago I made an analysis on AVAX and the double-bottom reversal I spotted on the weekly chart.
This analysis is a more shorter-term focused view, but bullish nevertheless.
I'm looking at the bottom support line, which seems to hold and cause a reversal. For the best risk-reward, I'm targeting the April highs, around 21.40$. Stop below the support.
For a less risky trade, consider taking (partial) profits around 15$ and/or 18$.
AVAX - daily chart analysisdaily chart:
AVAX in a bearish flag and below FIB 38.20% again
A huge volume profile resistance is waiting at FIB 50%
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
AVAXUSDT at 4h support, likely to head towards 14The price the weekly resistance WR1 and got rejected from there. This rejection led the price to hit 4h support 4HS1. This support seems to be good one for a bounce and attempt to the weekly resistance again. Therefore, a long seems to be favorable from this level to price zone around 14. However, in case this support is lost, the daily support DS1 is another level where the price will find the support and a bounce will be favorable for the long trade towards the zone where currently 4h support 4HS1 lies.
AVAX/USDT bullish Scenario 🚀🔥Avax today analysis💎 AVAX is primed for an upward trajectory, as indicated by the RSI trading above 50, signaling positive momentum.
💎 Currently, it's retesting the demand zone and appears poised for an upward move. We've previously observed the demand zone transforming into a supply zone following market uncertainty.
💎 Above, there's a supply zone and a bearish order block that warrant attention.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
AVAXUSD Crossed over the MA50 (1d). Buy signal.AVAXUSD is giving a bullish breakout signal today as it crossed over the MA50 (1d) for the first time since April 30th.
Even though there are two Resistance levels present above, the similarities with November-December 2022 imply that an aggressive rally past those is likely.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 19.1500 (Fibonacci 0.786).
2. 21.5000 (Resistance 3).
Tips:
1. The RSI (1d) was oversold almost 1 month ago and has rebounding since. Avalanche typically peaks way above its overbought zone.
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The 12.40-17.15 section is the buy sectionHello?
Traders, welcome.
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Have a good day.
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(AVAXUSDT chart)
Looking at the 1M chart,
A rise above 17.70 is expected to sustain the price before a full-fledged uptrend begins.
Looking at the 1W chart,
Currently, it is located in the section formed by the HA-Low indicator on the 1W chart.
Therefore, the key is whether it can rise with support in the current section.
However, since the HA-High indicator on the 1W chart is located nearby, it is not easy to actually buy.
The reason is that the resistance zones are so close together.
If the HA-Low and HA-High indicators are close together, you can see that they are converging as you can see by looking at the Bollinger bands.
Therefore, in this case, it is necessary to check whether it is supported or resisted in the section consisting of the HA-Low and HA-High indicators, and it corresponds to the buying section.
An upward breakout of the 19.73-23.96 zone is expected to release the converged forces.
To put the above 1M chart description and 1W chart description together,
If support is found at 17.70 on the 1W chart's HA-High indicator, it can be said that the uptrend is expected to begin.
Looking at the 1D chart,
The support and resistance points of the 1M, 1W, and 1D charts are combined in order of importance.
Therefore, many lines are drawn.
The interval of the HA-Low indicator on the 1W chart is the range of 12.40-13.83.
Therefore, if the price rises from support in this zone, it is more likely to break out of the downtrend line and continue the uptrend.
Accordingly, the key is whether the price maintains the price by rising above 13.83 based on the volatility period around July 15th.
If this is not the case and it declines, you should check for support near the HA-Low indicator on the 1D chart. (11.56-11.80)
The 14.99-17.15 section consists of the HA-High indicator on the 1W chart.
Therefore, it is expected that the price will turn into an uptrend only when it breaks above this section.
As I mentioned earlier, it is expected that a full-fledged uptrend will begin when the upward break of the 17.15-17.70 section and the 19.16-19.73 section.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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AVAX Avalanche Double BottomAVAX (Avalanche) has shown a promising chart pattern with the formation of a double bottom, indicating a potential bullish reversal. This pattern suggests that the selling pressure has been absorbed, and a shift towards upward momentum may be on the horizon.
With the double bottom formation in place, AVAX has the potential to rally, and the first price target of $17 seems achievable. As the market sentiment improves and buying pressure increases, AVAX could experience a notable price appreciation.
Looking forward to read your opinion about it!
AVAXUSDTAgain, I think AVAX hasn't finished its 5-star downtrend, so I'm waiting for it to arrive
Remember the $4 price tag
The descending triangle pattern should be completed and then the price will go up
Just a theory
SasanSeifi 💁♂️AVAX👉1D 🔻▪️ Hello everyone ✌️
As you can see, after the almost 30% price drop from the 14$ price range; Currently, the price is trading in the 11$ range.
According to the behavior of candles, the scenario we can consider in the daily time is that if the support range of10$ is maintained, the price will grow to the Fair Value Gap-FVG range of 12.50$ and the important resistance range of 14$. And then, if it is confirmed from the resistance range, we will see the price correction.
In case of a positive fluctuation, to better understand the continuation of the movement process,We have to see how the price will react to the resistance ranges. Otherwise, in case the price penetrates above the important resistance range of 14$ and stabilizes it, We may see more price growth. Possible trends are also identified.
❎ (DYOR)...⚠️⚜️
What do you think about this analysis? I will be glad to know your idea 🙂✌️
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