AVAX is moving finally
As in my previous analysis in the end of September (see the link below), I pointed out that AVAX would need to go $15 prices for liquidity grab.
It was the case and now AVAX is moving up with good momentum. The prices are now above the strong resistance, EMA 50D with supporting volume indicators:
MFI breaks its trendline (leading indicators)
OBV is about to break its trendline, as well (lagging indicator)
CMF switched from negative to positive values, reinforcing the break-out (of EMA 50D).
The target of this move is $24-$25.
Avax
AVAX Long SetupHello, dear traders. how are you ? Today we have a setup to buy/long 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
Avalanche (AVAX) - October 26Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(AVAXUSDT 1W Chart)
The key is whether the 15.44-20.30 zone is supported and able to rise.
(1D chart)
The interval 15.44-20.30 is the interval that determines the trend.
If it falls below 13.47, it is likely to move towards 7.72.
Therefore, it is necessary to sell to secure cash.
If support is found above 16.56, it is expected to lead to a move towards moving above 19.72.
However, given the current price, it needs to rise above 28.48 to continue the uptrend.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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AVAX LONGAfter the correction, the price has reached the static support range, due to the price skewness and the formation of the ending pattern, I expect the price to return and the upward trend.
Of course, I don't see an entry point for a buy position at the moment .
It will be updated for more secure transactions.
Follow me to see more situations and analysis.
🔥🚀Another chance to make +20-40%: AVAX is going to PUMPHi, friends! Monday, the markets are waiting for the opening of the SnP500, which will help to understand the general direction for the crypto market.
Avalanche is consolidating below the trendline and I think the break up is highly possible.
📊 There are preconditions to open a long:
✅ trap+volume growth which already happend
🔥 squeeze to the trendline
🔥 bullish BTC
🚩Pay your attention to the $17-18 value area. It will be nice to not see some bearish false breakouts. If something loke this happen, i will book the profit from the longs and open short positions.
✅ The targets for the AVAX:
1. $17-18 - the value area
2. $20 - the key level
3. $21-23- the liquidity gap
🚩 I recommend you to book at least 50-60% of profit at the 2nd target.
💻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.
🔥AVALANCE TRIANGLE BREAKOUT! 3 long targets!Hi firends! 🔥AVAX is going to break the triangle. It`s a chance to open a long on the breakout!
It's highly expected after such long and exhausting consolidation. A lot of retail traders, newbees are leave the market in panic becsue of "crysis", "black mondays" news.
🚩 The bear market is great at sorting out those who will make money and those who will buy crypto at all-time highs.
📊 My preconditions to open a long:
🔥 identify the intentions of the big player. Take a look on the volume indicator. A lot of coins were bought at the bottom. That's mean the big player bought the bottom and going to sell the crypto higher.
🚩 The Dom and Footprint are the scalping tools that help me to identify the orders of the big players in real time. Usefull things to increase your winrate by 30-35%.
🔥 squeeze to the boundary of the triangle
🔥 bullish BTC pull all the altcoins higher
📊 The targets:
1. $21-22 - the closest resistance and local highs
2. $23-25 - the close value area
3. $30 - the key level
✅ I recommend you to take some profit when the price wil reach the targets. You need to book at least 50-70% at the second target.
💻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 bearish continuation pattern AVAX looks to be following a bearish continuation pattern, having fallen out the bottom of the triangle. It's now retesting the previous support of the triangle base, if rejected a retest of recent lows are to be expected or even lower
Do your own research
not financial advice
Avalanche (AVAX) - October 13Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(AVAXUSDT 1W Chart)
The key is whether the 15.44-20.30 zone is supported and able to rise.
(1D chart)
If it falls below 15.44, we should see support near 13.47.
If it doesn't, there is a possibility that it will drop to around 7.72, so we need to think about countermeasures.
If the price holds above 16.56, it is expected that it will lead to a move towards breaking above 20.30.
In the HA SRRC indicator, the Stoch RSI, RSI, and CCI indicators are all entering the oversold zone.
So, if you find support near 15.44 when you break out of the oversold zone, it is likely to lead to an uptrend.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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