AVAX (Y22.P4.Video1).Macro hypothesis and trading setupsHi All,
#AVAX #AVALANCHE #CRYPTO
Looking at #AVAX at the macro cycle so far, find reasons for support and resistance and how they align with likely the wyckoff cycle.
We look at the bullish and bearish scenarios We investigate the likely shorting opportunities as well if it plays out.
All the best,
S.SAri
Avax
AVAXUSD Don't get excited until it breaks these levelsAvalanche is having a good stretch in December but we can't lift our hopes yet as it remains below the 1D MA50 . Even if it breaks it, it will still be contained inside the Falling Wedge of June. Our signal to enter AVAXUSD will be when it breaks the 1D MA200 , which is untouched since April 10th. The bullish target will be $30.00.
Until this happen, with the RSI pattern looking increasingly like the last 1D MA50 rejection, it is more likely to see the Falling Wedge break downwards and make a new low on the 1.236 Fibonacci at $9.00.
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AVAX : UPDATEAVAX is a cryptocurrency that is showing an interesting view on the low time frame. This could potentially lead to an increase in the price of the coin, bringing it into the green levels on the chart. It is always important to do your own research and analysis before making any investment decisions with cryptocurrency. The market can be volatile and unpredictable, so it is essential to carefully consider the potential risks and rewards before investing.
Interesting to follow the coin for coming time.
AVAXUSDT - Head and Shoulders PatternAVAXUSDT (4h Chart) Technical analysis
AVAXUSDT (4h Chart) Currently trading at $13.1
Buy level: Above $13
Stop loss: Below $11.9
TP1: $13.8
TP2: $15.5
TP3: $17.8
TP4: $20
Max Leverage 3x
Always keep Stop loss
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it's time to falling for AVAXUSDTbefore open in this position, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
this signal active below the purple area and enter with a good reason(candlestick, indicator and price action or something)
be rich...
and
doing and living in the best quality *-*
(Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management)
Avalanche Forms A Bottom | Targets Up To 139%Notice the strong volume 9-Nov. and the huge drop that happened after this date...
Avalance (AVAXUSDT) hit a new low based on this volume signal and the 3 drops pattern; which leads to price going up.
EMA100 is the easy target for 37%.
There can be more of course.
Maybe we can see MA200 challenged fro 55% or EMA300 for a maximum of 139% on the next bullish wave.
Namaste.
🔥EASY MONEY ON AVAX: ENJOY THE CHANNEL TRADING❗ 🔥 Hi friends! Avalance have the special pattern from the very beginning of it's listing on exchange. It trades in the channels more than any other altcoins that I have already seen. It's 5th GLOBAL channel for the last 2 years.
📊 The trading in channel is very simple. I recommend you to trade it in 3 ways:
🔥 the pullbacks after the test lower/upper boudary of the channel
🔥 the breakout of the channel after 5-6 test
🔥 the false breakout, when the price return inside the channel
✅ These 3 methods is very usefull, especially for beginners. Such trading aproaches don't bring you a millions of $ in 2 month, but it's a big advantages to know how to use it. The most profitable are 1st and 3rd from my trading experience.
🚩 Current situation on crypto market is not clear. BTC make a pullback and possibly will go up, but AVAX squeezing to the lower boundary of the channel which is bearish signal.
Friends, as you already know, If BTC go up, all the alctoin follow it. So the same can heppen in this case too.
📊 When BTC will go up, I have such targets for AVAX:
1. $14 - the key level
2. $16-17 - the upper boundary of the channel and local resistance
3. $20 - the key level and local high
🚩 Traders, do you find another channel that I don't marked? Share you screeenshots with the last channel in the comments!
Also if you want know more about the channels trading, let me know in the comments or DM.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
AVAX's chart has become very similar to the Bitcoin's!AVAX has gained in price over the past week in the 4-hour time frame. According to the divergences formed on the RSI indicator and the breaking of the resistance of the downward trend line, as expected, the price of Avax had good growth up to the range of $13.3. But we can clearly see a range area in the 4-hour timeframe. A resistance was considered for Awax last week in the range of $13.26-$13.45, which has seen a negative reaction, with the price closely touching this area.
Also, a support area in the range of $12.4 to $12.7 is considered on the chart, and the price is ranging between these levels. In the 1-hour time frame, the AVAX chart has become very similar to the Bitcoin chart. Therefore, considering this high correlation, we can better understand the behavior of Awax by considering the movement behavior of Bitcoin. If Bitcoin continues its upward movement, Avax could break the current resistance to the $14.8-$15 level. This resistance overlaps with the midline of the Avax descending channel, and the probability of a negative reaction at this level is high.
Avalanche (AVAX) - November 24Hello?
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(AVAXBTC 1W Chart)
In order to get the power to rise, it must be supported in the range of 0.0007 164 to 0.0009 769.
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(AVAXUSDT 1W Chart)
The 15.44-20.30 interval is the one that determines the trend.
Therefore, it is important to be supported by rising to the 15.44-20.30 section.
However, the 13.47 point is the volume profile section, and if resistance is received at 13.47, there is a possibility of falling to around 6.54, so you need to think about countermeasures.
(1D chart)
It will be important if the price can quickly rise above 13.47 and sustain the price.
If this is not the case, it may lead to further declines, so cautious trading is required.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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AVAX Short term outlookAVAX is currently rangebound after potentially creating a double bottom reversal.
Longs built from the red support zone would have targets of 13.5 and 14.6 respectively before major resistance
The red support zone needs to hold and rally convincingly from if there is to be any hope in the short term for the bulls. Failure to hold that area then the double bottom is all that's stopping AVAX from reaching double figures.
Not financial advice
DefiLlama: Total Value Locked in Blockchainsℹ️ This is a complementary study of the idea below, where I analyzed the TVL of the main dApps:
Basically, here's a more macro view of DeFi ecosystems.
Making a very crude analogy, dApps would be like the banks of the physical world, while blockchains would be the cities/countries where these banks reside.
Total Value Locked in Blochchains
Ethereum continues to reign isolated in the lead.
Binance Smart Chain follows in second place, followed by Tron, AVAX, Matic, Optimism, Cronos, Solana, FTM, among others.
Last on this list are Ethereum Classic and Ethereum PoW.
The chart still does not show Solana's decrease, which is currently at $656.23m.
I believe it is due to a delay.
That's a 24% drop from the previous day.
Now it remains to see the scenes of the next chapters.