Avax
Trade Idea💸 #AVAX💸
📊 5min
This analysis will be updated.
🟢BUY Level: 14.55$-14.45$
❌Stoploss: 14.390$
🎯TP1: 14.60$ ☑️
🎯TP2: 14.65$ ☑️
🎯TP3: 14.70$ ☑️
🎯TP4: 14.75$ ☑️
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📊Analysis Method⤵️
🔸Smart Money Concept
🔸Volume Profile
🔸Neural Network
🔸Echo
🔸Liquidity Swings + Order Blocks
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👤 Analysis by Jack-of-all-trades
📅 5.20.2023
AVAX Elliott wave Daily countAVAX is trading now into an important support zone.
If the price will go impulsive up I wont see this good as it will make an abc (blue count) flat correction for a wave B from a flat correction at a bigger degree (red count) that will turn de price down again.
All I want too see is to break now this support zone ( at least under 13.864 level, previously low) to complete a WXY complex correction and than to go up maybe for a wave 3.
If you have questions feel free to ask, also I want to see your thoughts about AVAX.
Good luck and hit the like button if you like my analysis and follow me for future count updates!
Avalanche: Gardener 🌷🌹🌼🌻The weather is getting better and the ones who can prepare their garden for the incipient new season of barbecuing, sunbathing, harvesting or just savoring nature. In its green garden between $16.67 and $11.77, Avalanche still has got some work to be done as well and should advance a bit deeper to finish wave ii in orange. Ideally, our crypto gardener should turn upwards near the 100.00%-retracement at $13.64, heading for the resistance at $21.81. To develop wave iii in orange, Avalanche should then climb above this mark, which should provide the altcoin with further upwards momentum.
🔥🚀Avalanche (AVAX) Poised for Growth: Key Levels & Targets🔥Hi, friends! Avalanche is consolidating between 2 massive value areas. This is not good for volatility, but yesterday's shakeout shows that growth is much possible scenario. Why?
The sl of the long traders were triggered which gives the whales more liquidity and AVAX more chances to grow.
📊 TRADING PLAN FOR AVAX:
🔥 exit out of $ 17-17.8 value area
🔥 huge buy orders on DOM and Footprint
🔥 bullish BTC is a must-have for altcoins growth
✅ THE MAIN TARGETS FOR AVAX:
1. $ 19.5-20.2 - the value area
2. $ 22.2 - the key level and local high
3. $ 25 - the key level and even number
💻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: Ascending TriangleAvalanche (AVAX) technical analysis:
Trade setup : Price is trading in an Ascending Triangle. Swing traders can enter near triangle support trendline (~$17) and exit near $22 triangle resistance, where it got rejected several times this year. Trend traders should wait for a breakout, ideally above $22 resistance, to signal Uptrend resumption.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $15, (previous resistance), then $10. The nearest Resistance Zone is $22, then $30.
Avax: Snap back to reality, whoop there goes gravity. Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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AVAX FLAG!KUCOIN:AVAXUSDT
AVAX sitting in a possible bear flag and looks like retesting the 382 (tempting!).
In consolidation at the moment. Break upwards will provide potential to 21.56 zone.
Break down, look for holding to 13.87 zone.
Uncertainty in US markets with potential of further bank collapses.
Bitcoin will run in this event providing upside to this potential setup.
Key: Let the market show you the direction.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Avalanche AVAX price preparing for a new wave of growth ?It is very likely that the AVAXUSDT price is now completing a correctional wave (2)
Critical support below which the AVAX price should not fall is $13.90-16
If this is the case, then the Avalanche token holders will face a (3) growth wave ahead.
The targets for growth in this wave are currently "smeared" at 37-50$
If this asset is interesting to you, then be active in the comments, we will see them and make more ideas for AVAXUSD as the price grows
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AVAX: Ascending TriangleAvalanche (AVAX) technical analysis:
Trade setup : Price is trading in an Ascending Triangle. Swing traders can enter near triangle support trendline (~ HKEX:17 ) and exit near HKEX:22 triangle resistance, where it got rejected several times this year. Trend traders should wait for a breakout, ideally above HKEX:22 resistance, to signal Uptrend resumption.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $15, (previous resistance), then $10. The nearest Resistance Zone is HKEX:22 , then $30.
AVAX UPDATE (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 on the Weeklytake a look at AVAX RSI on the weekly. looks like a clean breakout with a re-test so far as support. i think with all the bearish calls and all the "we are definatly going into a recession" calls i honestly believe the bottom is in, but dont see new ATH any time soon. i believe we will just range in the HKEX:18 - HKEX:40 area for awhile with everything having big volatitlity swings both ways because as of now no one reallyy knows what is going to happen in the short term
AVAX flat personality!If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Its got some Elliott wave flat characteristic, but have to wait for the C wave to know for sure... Flats usually happen after or before extended waves so would be an nice pattern to trade, if it plays out.
Cheers!
AVAXUSDT 1HAVAXUSDT 1H
SUPPORTS 18.82 / 18.55
RESISTANCES 19.31 / 20.00
RSI Exhaustion of purchasing forces
MACD: Optimistic
AVAX climbed to the psychological resistance of HKEX:20 and experienced a rejection tonight, returning to levels below that resistance.
On-chain data reveals intense developer activity and growing demand, so I believe that in the next few hours AVAX will go back above psychological resistance and head towards 28, which is my target for the month of April
Volatility Period: April 19-21Hello?
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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
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(AVAXBTC 1W Chart)
The question is whether it can rise above 0.0009 187.
If not, we need to see if it finds support around 0.0006 306 and breaks out of the downtrend line.
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(AVAXUSDT chart)
During the volatility period around April 20 (April 19-21), it is necessary to check whether it can show a move out of the 19.16-23.96 zone.
If not, it should be sideways in the 19.16-23.96 zone to confirm the next volatility period around the 15th of May.
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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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