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Avax

Avalanche: bullish outlookThe market remains in the uptrend on the Daily timeframe. Another resistance with the borders of $24.38 – $25.76 was broken on August 6. Now we see the beginning of the correction wave after the bullish impulse formation, but the trend is still bullish on the Daily price chart. A pullback buying opportunity will appear after the correction completion on the Daily timeframe. The high of the yesterday’s candle may be an intermediate target when the upward movement continues. If the upward movement develops, the next target will be around the resistance formed on May 13 – 18. This is the price range of $36.54 – $38.38 . Long positions will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of August 1 – 4 . The borders of this support are $21.96 – $22.69.
Long
by JIexa1701
AVAX listing on RobinhoodI heard AVAX got listed on Robinhood. After the initial pump, Price has been testing 30.23 level, worth keeping an eye on. If the News entry was missed, it's worth waiting to see for 30.23 to be definitively Confirmed or Rejected before opening a Trade. As I'm writing this, the current 4H Candle looks Oooff! AVAX Long : Bounce with a Confirmation off 30.23, targeting 31.25 and seeing how it goes from there. AVAX Short : 30.23 Rejected, News hype died down, targeting 27.30
by WhoIsWu
3
AVAXUSDT 1D Medium-term trade - our target $30We are already forming a series of ideas on the AVAXUSDT trading pair. We published the last of them a week ago. During the week, our assumptions are confirming that the AVAXUSDT trading pair is currently consolidating with a set of long positions. The trading delta shows the superiority of purchases over sales in the period from 06/26 to 07/13 Also, for almost a month, the Avax price has been consolidating above the critical support level above $15. Such input data for Avalanche token price gives the right to enter a medium-term trade: Entrance $16.50 Stop $14.54 (-12%) TP1 (50% position) - $26.74 (+62%) TP2 (50% position) - $29.94 (+82%) P/L ratio 7/1 Fixing the AVAXUSD price below 15 dollars paves the way for the price to fall to the region of 12 dollars. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Long
by P_S_trade
32
AVAX- 27,65 Reached - Off to 50s Next? ♨️♨️Market becoming Bullish early this week as you have been informed: I think this time is ok to FOMO on most crypto today but not AVAX yet: US printing money to fight inflation.. take a wild guess what that can do to Bitcoin (🚀🚀🚀🚀). BTC Technical analysis: Still in ascending channel . The Top (resistance) is just below 25k . I see 70% chances of breaking over the channel and off to 28k Resistance (our first target as given few weeks ago). Watch the video and take a look at THIS: After the Falls we naturally get a lake I think it ended up being Perfect. One Love, The FXPROFESSOR
Long
by FX_Professor
4
Avalanche (AVAX) - August 8Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (AVAXUSDT 1M Chart) The key is whether it can rise above the 39.76-44.62 section. To do that, you need to keep the price above the 15.44-20.30 range. (1W chart) Primary resistance: 30.03 Secondary resistance: 39.76-44.62 Support: 15.44-20.30 The intervals 15.44-20.30 and 39.76-44.62 are the intervals that determine the trend. So, if you hold the price above 20.30, it is likely to move above 39.76. To that end, the key is whether it can be supported by rising above 30.03 in the first place. (1D chart) Primary resistance: 27.95-30.03 Secondary resistance: 36.85-39.76 1st support: 23.72 2nd support: 15.44-20.30 The RSI and Stoch RSI indicators are entering the overbought zone. Therefore, it is necessary to check where support and resistance are found when exiting the overbought zone. If you fail to break above the 27.95-30.03 section, you should check to see if there is support around 23.72. If it rises above 30.03 and finds support, it is likely to lead to a move towards the 39.76-44.62 section. Therefore, the key issue is whether it can rise above 30.03 and receive support. -------------------------------------- If you look at the 1M chart, you can see that there has been a huge decline. Therefore, it is not easy to invest even if it shows an upward trend on the 1D chart. However, if you are not investing now, it is highly likely that you will start investing when it rises to the 39.76-44.62 range. The 39.76-44.62 interval is the interval that determines the trend. So, if it moves above 44.62, it will continue its uptrend, but if it doesn't, it will go downhill. The closer you get to this important support and resistance zone, the more likely the peak will be when you feel compelled to buy now. Conversely, if you buy, the area that is more likely to decline is more likely to be the bottom. Between this bottom section and the section where a full-fledged uptrend starts, it is a good section from a mid- to long-term point of view, no matter where you buy. However, when a further decline occurs, it is important to secure adequate cash because a better opportunity may be missed due to a lack of cash. In that sense, the method I recommend is - Buy when the price moves sideways or when the price falls at a certain rate (for example, when it falls by -10% or -20%), - When the price rises and receives resistance in the resistance section, sell when it rises at a certain rate (for example, when it rises by 10% or 20%). This is a method to increase the number of remaining coins (tokens) with a small amount of cash profit by selling with the purchase principal (+ transaction fee x 2 ~ transaction fee x 20 included) when selling. Cash management is important because this method has to be continued until the start of a full-fledged uptrend, so if you buy using too much cash at once, you may run out of cash. Since the coin (token) secured in this way has an average purchase price of 0, it is always in a state of profit until the price becomes 0. From a mid- to long-term perspective, the need to increase the number of coins (tokens) is to increase these coins (tokens). ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
AVAX's DCA Zone ( Gem's edition)Most experts believe that AVAX has a very bright future. The coin is well-positioned to take advantage of the growing DeFi market, and its unique governance model could make it a leading player in the space. After years of analysis of the Avalanche price, crypto experts are ready to provide their AVAX cost estimation for 2030. It will be traded for at least $762.81, with the possible maximum peaks at $935.55. Therefore, on average, you can expect the AVAX price to be around $790.27 in 2030. Well we'll see where it goes in the next bull run. Is it a gem of a token?!
by The3eyedFrog
3