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Avax

(BTC) bitcoin "auto fib retracement - 100"BTC falling beneath the 100 auto fib retracement. Other cryptocurrency also beneath the red layer of the auto fib retracement include; AVAX, BADGER, CELO, COIN, CURVE, DASH, EGLD, HFT, KSM, MINA, RAD, SUSHI...and ICP is in the red unlike the other top traded cryptocurrency remaining in green, neutral or blue areas of the auto fib retracement. Others below the red line include: IMX, SUPER, AUCTION, PERP, IDEX, NMR, OGN, YFI, BLUR, DYP, STORJ, UMA, AXS, BTRST, SEI, APE, C98, DIA, LDO, METIS, GRT, TIA, MATIC (POLS), XCN and FX. Still no info from the newly listed tokens/coins of 2024.
BITSTAMP:BTCUSD
by CryptocurrencyBlot
Sept 4Overview: Today marks a mini anniversary—exactly one month since the 15% COINBASE:BTCUSD BTC crash on August 5th, which concluded a 7-day bearish correction. This correction was the third wave in a 28-day cycle. Why does this matter? BTC tends to follow relatively short cycles and typically doesn’t take longer than a month to make a decisive move in either direction. If there’s momentum left, it’s time to pump. If not, we may see a dump. The Fed reported 7.7 million job openings in July, the lowest level since 2021. This was below the estimated 8.1 million and June’s 7.9 million. Job openings have been declining since March 2022, the month when the Fed first raised rates after cutting them to 0% in response to COVID-19. However, this figure is still higher than the peak of 7.6 million in November 2018. The Fed's goal isn’t to reach the same numbers as in 2018, but if we apply the growth in the U.S. economy since then, 7.6 million jobs in 2018 would be equivalent to 8.46 million in early 2024. Hence, discussions of an interest rate cut on September 18th are gaining momentum. On Wednesday, the VANTAGE:SP500 and NASDAQ:QQQ both opened and closed lower than the previous day, though they posted green candles. Despite this, their relation to the previous day is bearish. So far, this September is shaping up to be like others—Labor Day weekend is over, professionals are back at their desks, and business cycles are picking up (the last three trading days have shown higher volume since August 9th). As we mentioned yesterday, BTC’s new trading range is between $55.8k and $58.4k. It touched the lower bound of $55.8k at 9 PM NYC time and then climbed to $58.5k 15 hours later but has been sliding down since. BTC ETF flows have been negative for the last 7 days, despite occasional daily green candles. At Evgen Capital, we believe ETFs represent a less crypto-enthusiastic crowd, akin to the shoe shiner who once gave stock tips to John Rockefeller—prompting him to sell. As with the Fear and Greed Index that we quote regularly, one should move in the opposite direction of ETF flows. If they are negative for an extended period, it’s time to start buying. If they’re posting all-time highs, it’s time to sell. W: Up until today, it was a green weekly candle, but it has now turned into a red doji. Can it hold the $55.9k level? We don’t see many reasons for a quick dump, so BTC might remain in this range for another week. Big volatility is expected next week ahead of the September 18th rate cuts. Neutral. D: RSI is at 41. The last time it was here was August 15th, which preceded a 15% pump over 10 days, trapping the bulls. Bullish to neutral. 4h: Neutral. 1h: At the lower bound of the Bollinger Bands with a low RSI. Neutral to bullish. Alts relative to BTC: No divergences or major breakouts. Bull case: There is still time before the historically bearish October to push BTC up to 60k. ETFs are showing signs of capitulation, with 7 consecutive days of sell-offs. Bear case: There’s a lack of enthusiasm toward crypto, and negative news, like the SEC sending subpoenas to COINBASE:UNIUSD investors, continues to emerge. Fear and Greed Index: 34. No change. Prediction: For the rest of the week, BTC will likely retest the $55.9k level. If strong volume and buying power come in, bulls might be able to push through. Opportunities: Weekly and 4-hour divergences in major altcoins. COINBASE:SOLUSD , BINANCE:ARUSD , and COINBASE:AVAXUSD show bullish MACD divergence. Even though BTC has been sliding lower, these altcoins reached their lows a few days ago, when we reported BTC-to-alts divergence. This is the time to decide which side to take and to set stop-limit orders.
COINBASE:BTCUSD
by EvgenCapital
Alikze »» FTM | Suspicious of the reverse head and shoulders🔍 Technical analysis: Suspicious of the reverse head and shoulders pattern - In the analysis presented in the previous post, the target exactly touched the bottom of the channel, which then met demand and caused a 110% growth. - Considering that the recent corrective wave had a correction of 0.23 fibo of the previous wave, so we should expect an upward trend. - In addition to the fact that the recent corrective wave was a three-wave and its corrective momentum was in the form of three waves, if its correction is not complex in combination, we can expect the continuation of the upward trend after a short-term correction. - Therefore, the first target of the neck line can be considered the first supply area. After defeating the supply area, the next targets will become available. 💎 In addition, you should pay attention to this point, in order to verify the upward trend, the previous floor should not be touched (Invalidation LVL range), in which case the analysis will be invalid. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:FTMUSDT
Long
by alikze
Alikze »» ETC | Completing the corrective leg C🔍 Technical analysis: Completing the corrective leg C - In the analysis presented in the previous post, after reaching the supply limit, you were faced with selling pressure. After that, it has entered a correction cycle. - Currently, it is channelized, moving in the downward channel in the daily time frame. - According to the current correction structure, this correction is a three-wave correction that can enter an upward cycle within the specified range after confirming the reversal of the trend. - Therefore, I expect that it will encounter demand in the buying range and then leave the downward channel and grow up to the first supply area or Fibo 0.618. - In addition, the most important area for an upward trend is the $25 range, whose high stabilization will have the ability to reach the supply range of the previous ceiling. 💎 Note: Note that if the bottom of the buy zone is stabilized, the bullish scenario is invalid and should be updated again. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:ETCUSDT
Long
by alikze
Alikze »» TIA | Ready to pullback to the broken structure🔍 Technical analysis: Ready for a pullback from the liquidity zone to the broken structure - According to the analysis of the previous post , TIA currency is moving in a downward channel. - As can be seen, lower floors and ceilings are forming, which further reinforces the bearish view. - Currently, in the 1D time frame, it is in the liquidity zone, which can target 3.17 with a pullback to the neckline and then the green box zone. - Therefore, in the case of a pullback to the broken structure and selling pressure in the Fibo area of ​​1.618, it can touch the mentioned targets. 💎 Alternative scenario: In addition, if it can break the neck line, it will have the ability to grow up to the supply area of ​​the previous ceiling and the ceiling of the channel. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:TIAUSDT
Short
by alikze
1
Alikze »» SUI | Daily FVG gap🔍 Technical analysis: Daily FVG gap - According to the analysis presented in the previous post, after creating demand in the green box area, it grew to the supply area. - Currently, according to the structure formed in the supply area, a twin roof with a shorter roof is observed. - But in the 8H time frame, it is moving in a descending channel. Demand has also been met at the bottom of the channel. - Therefore, according to the FVG gap in the 1D time frame, if the selling pressure continues, it can make a correction to the green box area and retest it to fill the gap. 💎 Alternative scenario: also, if he can break the middle of the channel upwards, he can retest the supply area again. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:SUIUSDT
Short
by alikze
AVAX analysis (1D)From where we put the red arrow on the chart, it seems that AVAX has entered the correction phase. We now seem to be in the F wave. The price can drop down soon. If the g wave is normal, it can end on Entry 1. But if the g-wave is extended, the g-wave can continue up to the Entry 2 range. Risk-averse people can wait for Entry 2, and risk-taking people can enter the range of Entry 1 and Entry 2 in the form of martingale. We have such a view on AVAX. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1
AVAX Technical AnalysisAvalanche (AVAX) Analysis Avalanche (AVAX) has been gradually recovering after a significant drop that saw the price decline from the $31.89 level down to a low of $17.29. Recently, AVAX has been trading on a support zone (Yellow) at $20.69 - $23.04, indicating some consolidation as it attempts to regain bullish momentum. Currently, AVAX is hovering around the $23.05 mark, just above the critical support zone (Yellow) at $20.69 - $23.04. Despite this recovery, AVAX faces strong resistance near the $24.53 level, as seen in the recent price action. While the market is showing some signs of recovery, a further downside movement towards lower support zones, particularly the $20.38 level, seems possible if the buying pressure weakens. If AVAX fails to hold above the support zone (Yellow) at $20.69 - $23.04, it may re-enter a bearish phase, pushing the price back towards the lower support level that could determine its medium-term direction. AVAX is currently at a crucial juncture, with the potential for further downside if it fails to break key resistance levels. Traders should watch for the price holds above the support zone (Yellow) at $20.69 - $23.04 for a potential bullish continuation or a rejection that could lead to a retest of the lower support levels.
by TheCryptoCity
AVAX🔍 AVAX/USDT Analysis: 4-Hour Timeframe 📉 The AVAX/USDT chart on a 4-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. It’s essential to analyze these signals in conjunction with higher timeframes for a comprehensive market view. • September 8, 2024, 9:00 AM - Red Line: This time marks a potential local peak, signaling a possible moment to reduce exposure or take profits. • September 12, 2024, 9:00 AM - Green Line: This time indicates a potential local low, offering favorable conditions for accumulating AVAX or entering long positions. • September 19, 2024, 5:00 PM, September 25, 2024, 6:00 PM - Red Lines: These are additional times marking potential local peaks, suggesting moments to consider exiting positions before a downturn. When working with this 4-hour timeframe, remember to evaluate these movements within the context of the broader market trend, considering higher timeframes for a more global perspective. Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
Long
by trushkovskiy
AVAXUSDT: Is a Major Reversal in Sight?Yello Paradisers! Are we on the verge of a significant breakout, or could a sharp reversal be just around the corner? Let’s dive into the #AVAXUSDT analysis. 💎#AVAXUSDT has been riding an uptrend over the past few days, finding solid footing on an ascending support line. This support has been tested multiple times, and each time, AVAX has rebounded, signaling strong buyer interest. Most recently, the pair dipped and tapped into this crucial ascending support, which also coincides with a previous resistance level that has now flipped to support. 💎Currently, there’s a high probability that AVAX could continue its upward movement, but the road ahead isn't without obstacles. The pair will soon face resistance levels that could challenge this uptrend. 💎However, if the ascending support fails to hold, the next key level to watch is the 0.618-0.66 Fibonacci retracement zone, which falls between $21.44 and $20.94. This area could act as a strong support, potentially propelling AVAX toward the minor resistance at $24.71. Beyond this, significant resistance levels are spotted at $27.22 and $30.22, provided the volume remains strong. 💎Keep in mind, our bullish outlook will be invalidated if we see a candle close below the $19.74 support zone. In that case, we could be looking at a more prolonged downturn. Stay vigilant and trade smart Paradisers! Consistency and discipline are your best tools in navigating these volatile markets. Strive for consistency Paradisers, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
Trading Signal For AVAXUSDT Trading Setup: There is a Trading Signal to Sell in AVAXUSDT Avalanche (1h) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 23.85 ⭕️SL @ 24.46 🔵TP1 @ 21.87 🔵TP2 @ 21.00 🔵TP3 @ 19.65 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Short
by pullbacksignal
Aug 24Overview: As we begin the last week of August, we might be heading into a very turbulent period. On one hand, BINANCE:BTCUSD hasn't even broken its previous bull run's all-time high when adjusted for inflation. Neither the halving nor ETF demand was enough to push crypto higher, and now we have some altcoins like BINANCE:AVAXUSD trading 30% below their January 11th BTC ETF levels. On the other hand, the FED is finally planning to cut rates on September 18th, which could potentially loosen the printing press. Remember when it was going "BRRRR"? Well, it technically never stopped—just in the form of government spending. Unfortunately, that windfall doesn’t seem to reach speculative assets. Congratulations on last week’s gains, with some coins such as COINBASE:ARBUSD , BINANCE:MATICUSD and BINANCE:AVAXUSD posting +30% gains. If you bought the dip, this is a great moment to take some profits, or at least move your SL higher. This Sunday was the first in four weeks that didn't post a red candle, as we noted in a previous letter. But it wasn’t very green either, closing with a 0.11% doji. The red candle was merely postponed to Monday morning. The U.S. Employment Report on Friday, September 7 at 8:30 am is crucial because it will provide key insights into how the recent interest rate hikes are affecting the labor market, particularly regarding rising unemployment and jobless claims. As the Federal Reserve continues its tightening policy, this report could signal whether the economy is heading toward a slowdown, which would influence future monetary policy decisions. Quick note regarding BINANCE:TONUSD On August 20th, we mentioned that it "finished drawing its 'Motive' part of Elliott's wave pattern. In about 40 hours, it might finish drawing the B wave, presenting a short opportunity that will last throughout the C wave down." Unfortunately, the market witnessed the C wave not because of Elliott's wave but due to Pavel Durov being arrested by French police the moment his plane landed. TON crashed that day by 18.40%. Although Pavel isn’t the founder of TON, he is closely affiliated with it. W: Reached BB MA. If bulls can hold the $63.1k level, there’s a chance for a 4th wave to $70k. D: Held the important bullish W level of $64k. It’s better to have that buffer between $63k and $ 64k for bulls to regroup and go on the offense again. Currently at the upper bound of BB. If the next W level of $63.1k doesn’t hold and it corrects to BB MA, it will hit the D level of $61.8k. 4h: Losing the $ 64k level early Monday morning in the U.S. 1h: MACD divergence yesterday, on the 25th at 8 pm NYC time. We are now seeing the result of that divergence. Alts Relative to BTC: Altcoins didn’t hold as well as BTC over the weekend, correcting from the heights of the pump: BINANCE:UNIUSD 10% BINANCE:SUIUSD 9.56% BINANCE:NEARUSD 8.25% Bull Case: BTC holds W levels and continues pumping with new strength toward $68.2k. Bear Case: This was a classic bull trap—one last breath, one last wave, one last pump before a free fall toward $52.2k. Fear and Greed Index: 56.2. We’ve been bouncing in the Neutral zone since May 19th with occasional and insignificant peaks into the Greed territory. However, even this chart has been drawing lower highs and lower lows. Prediction: BINANCE:BTCUSD corrects to $61.7k Opportunities, at W, 4h Divergences of Major Alts: Since BINANCE:NEARUSD broke through its W resistance of $4.38 during the recent pump, it’s very likely to return to that level, which should at least become new support. This presents an 8.62% short opportunity. BINANCE:SUIUSD has drawn a MACD bearish divergence on the D timeframe and has also just hit its W resistance level of $1. TP at $0.85, which is 10.00% away. BINANCE:TAOUSD reached its upper W resistance. Correction to D level $304 could produce a 12.51% return. BINANCE:FTMUSD is at its resistance level. There’s an opportunity to make 17% by shorting to its next W level of $0.40.
COINBASE:BTCUSD
by EvgenCapital
AVAX USDT 15M🔍 AVAX/USDT Analysis: 15-Minute Timeframe 📉 The AVAX/USDT chart on a 15-minute timeframe highlights significant upcoming times where price movements may present trading opportunities. For short-term, intraday, or scalping trades, consider focusing on lower timeframes, but always ensure to analyze these signals in conjunction with higher timeframes for a more comprehensive understanding of the market. • August 24, 2024, 01:15, August 24, 2024, 14:00, August 25, 2024, 01:45, August 25, 2024, 20:45 - Red Lines: These times mark potential local peaks. Traders might consider these as moments to take profits or reduce exposure, as the price could encounter resistance or a downturn. • August 24, 2024, 05:30, August 24, 2024, 19:45, August 25, 2024, 08:45 - Green Lines: These times indicate potential local lows, providing favorable conditions for accumulating AVAX or entering long positions. Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC+3 (Kyiv/Istambul).
by trushkovskiy
AVAX USDT 4H🔍 AVAX/USDT Analysis: 1-Hour Timeframe 📉 The AVAX/USDT chart on a 1-hour timeframe highlights significant upcoming dates where price movements may present trading opportunities. As always, it is crucial to analyze these signals in conjunction with higher timeframes for a more comprehensive understanding of the market. • August 24, 2024, 17:00, September 6, 2024, 05:00, September 19, 2024, 17:00 - Red Lines: These times mark potential local peaks. Traders might consider these as moments to take profits or reduce exposure, as the price could encounter resistance or a downturn. • August 31, 2024, 21:00, September 12, 2024, 09:00, September 24, 2024, 21:00 - Green Lines: These times indicate potential local lows, providing favorable conditions for accumulating AVAX or entering long positions. When working with this 1-hour timeframe, keep in mind that these movements should be evaluated with a global perspective, considering higher timeframes to better grasp the overall market trend. Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
by trushkovskiy
AVAXUSDT: Are We on the Verge of a Major Breakout or Breakdown?Yello, Paradisers! The #AVAXUSDT pair has been setting up an intriguing pattern that demands your attention. But the real question is: Will it explode higher, or are we in for a sharp decline? Let’s dive into the details. 💎#AVAXUSDT has been forming an ascending triangle, a classic bullish pattern, with multiple taps on both the support and resistance levels. This suggests that a breakout could be on the horizon, but it’s not all clear skies. 💎The pair has been respecting its weekly demand zone, with a strong buying interest around the $20.90 level. This level has been a key area of support, and as long as the price stays above this zone, the bulls are in control. 💎The ascending triangle's support aligns with this demand zone, increasing the probability of a bounce if the price revisits this level. 💎Below the $20.90 zone, there’s a strong support at $16.18. If the ascending triangle’s support fails, the price could quickly drop to this level. 💎On the upside, AVAXUSDT faces minor resistance at $24.21. If bulls can push through this level, the next major resistance zone lies between $26.69 and $28.64. 💎However, a critical point to watch is the $16.18 support. A candle close below this level would invalidate the bullish trend and could signal a much deeper correction. So, what's next? If the bulls maintain their grip on the market, we could see AVAXUSDT challenge higher levels. But stay cautious—any sign of weakness could lead to a sharp pullback. Remember, Paradisers, in these volatile times, discipline and patience are your best allies. The market can be unpredictable, but by sticking to your strategy and managing your risks, you’ll stay ahead of the curve. Keep a close eye on these key levels and trade smart! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
1
AVAX $300+ This Bull RunBuckle up ladies and gentlemen, we are at the part of the cycle where we are nearing the end of the consolidation period and are getting ready to catapult, BTC at any moment will break 62k and when 70k is broken the true alt season run will occur. Avax is putting out a lot of amazing things and doing on chain collabs for example the California DMV is building their titles on AVAX which is actually insane making real life utility. $300 is a good base target but we can easily push 4-500$
BINANCE:AVAXUSDLong
by SnyyperT
1
Alikze »» NEAR | C wave correction leg🔍 Technical analysis: C wave correction leg - It is moving in a descending channel in daily and weekly time. - At the last stage of correction, it can extend to the area of ​​the bottom of the channel and the green box. - Therefore, considering that it has faced selling pressure in the middle of the channel, if the supply zone does not fail, the correction will continue up to the specified zone and Fibo 1.618. - The range of 2.479 to 2.768, if faced with demand, can provide a suitable area for buying and a return to the middle of the channel. - This zigzag correction, if it is not combined and complex, can continue the upward trend after completing the last corrective leg, according to the behavioral scenario presented in the previous post. 💎 Alternative scenario: In addition, if it can meet the demand in the middle of the channel, it can have a temporary growth up to the ceiling of the supply range of the channel. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:NEARUSDT
Short
by alikze
AVAX - Daily Chart Analysis - A Short Term Opportunity#AVAX/USDT #Analysis Description --------------------------------------------------------------- + AVAX has formed a nice falling wedge pattern and also the price has hit the major support zone. + A clear breakout from the falling wedge is required for a confirmed bullish trend. + We will enter the long trend only after the confirmed breakout from the falling wedge. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 23.86 Stop Loss: 16.86 ------------------------------ Target 1: 29.92 Target 2: 35.25 Target 3: 43.69 Target 4: 62.57 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
AVAX - TRADING AT KEY SUPPORT LEVEL#AVAX/USDT #Analysis Description --------------------------------------------------------------- + AVAX is currently trading at a key support level, and holding this level is crucial for maintaining further bullish momentum. + A falling wedge formation is also visible, and a breakout from this pattern could drive the price higher. + A clear reversal from the support zone is needed to confirm the bullish trend. We can enter a long trade at the current price, with a stop-loss set below the support zone and a target at the local resistance. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 20.88 Stop Loss: 15.93 ------------------------------ Target 1: 28.10 Target 2: 37.44 Target 3: 48.62 Target 4: 62.34 Target 5: 87.40 Target 6: 99.28 Target 7: 133.97 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo