AVAX Long Set-UpI entered a long position here on #AVALANCHE. A previous major low was swept and the price seems to be holding this level. I placed a stop loss below the previous wick low.
#Bitcoin also has swept its HTF pivot low and is looking to move higher in the short term.
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Avax
AVAX/USDT Best time to buy AVAX for a Long-term ?? Hello Paradisers, here's a gem to monitor closely!
💎 AVAX is consistently revisiting a strong demand zone, marking its fifth attempt.
💎Typically, with repeated tests, demand areas tend to weaken.
💎This suggests AVAX might pierce through this strong demand zone, aiming for fresh daily demand. Once there, expect a significant bounce-back, potentially indicating a liquidity sweep.
💎Additionally, on August 26th, AVAX is set to unlock a whopping 9.54 million tokens. This could exert downward pressure on the price. Stay alert
AVAX/USDT downward momentum? 👀 Avax Today Analysis It appears to be on the brink of a captivating shift, showing signs of waning momentum and a potential downward trajectory.👀
💎 After its initial touch on the OB, AVAX experienced a robust rejection. However, the subsequent 2nd and 3rd touches seemed less forceful. What's the implication? It suggests a depletion of liquidity, hinting at a possible move to address the Bullish Order Block, leaning towards a downward continuation.
💎 Alternatively, there's a chance that the price might bounce back from the previous order block, setting its course upwards.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
AVAX is Preparing For a Long Bullish Rally 💎 AVAX is charting an optimistic path, securely nestled within a demand zone, and gearing up for an upward surge.
💎 Not long ago, it skillfully interacted with the Order Block, captured liquidity, established equal lows, and ignited a bullish momentum.
💎 At this crossroads, AVAX might either revisit the DZ level or aim higher, starting from the previous OB point.
💎 If AVAX fail to capitalize on its bullish energy from the last engaged OB level, brace for a potential drop of around -12.34%.
💎 In the ever-evolving realm of crypto, being updated and flexible is paramount. Keep a lookout for further insights and relish your trading voyage.
AVAX ANALYSIS (6H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the AVAX symbol.
We decided to send one of our arrows towards AVAX.
The green area is where you should ride this symbol, where you can ride the AVAX horses!
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 Golden Zone & Trend Break!?1AVAX has retraced to the golden pocket Fibonacci zone and has held the level long enough to break through the downtrend. This in my opinion is bullish and if Bitcoin stays neutral or becomes bullish, AVAX should have a strong move up from this level.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Calculate Your Risk/Reward!
This is not financial advice. This is for educational purposes only.
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.
Follow us for more crypto weather reports!
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.
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 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 $13.90-14.80, sales of those who bought AVAX long a few months earlier, but the growth did not work out, and the deposit was in drawdown, may increase. Usually, in such situations, the human brain thinks: "I can at least sell my coins at "break-even" and it will be good.
If the Avalanche project is interesting to you, write about it in the comments, and then we will try to update our thoughts on possible price movements of AVAXUSD more often.
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AVAXUSD: testing the 1D MA200 and top of 6 month Channel Down.AVAXUSD hit today the 1D MA200 for the first time since May 8th and almost reached the top of the Channel Down pattern. With the 1D timeframe turning bullish (RSI = 67.628, MACD = 0.250, ADX = 21.860) but the RSI also at the top of its own Channel Down, we want to get a confirmation of a breakout before buying and that will be above the R1 (17.6000), otherwise we will wait for a 1D MA50 retest. Either way, our medium term target is the R2 (TP1 = 21.5000) and long term the R3 (TP2 = 30.8000).
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AVAX ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the AVAX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
🔥 AVAX Great Reversal Potential With High Risk RewardA few weeks ago I made an analysis on AVAX and the double-bottom reversal I spotted on the weekly chart.
This analysis is a more shorter-term focused view, but bullish nevertheless.
I'm looking at the bottom support line, which seems to hold and cause a reversal. For the best risk-reward, I'm targeting the April highs, around 21.40$. Stop below the support.
For a less risky trade, consider taking (partial) profits around 15$ and/or 18$.