Avax
AVAXHELLO GUYS THIS MY IDEA 💡ABOUT AVAX is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Buyers from this area will be defend this Long position..
and when the price come back to this area, strong Buyers will be push up the market again..
uptrend + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
AVAX TREND UNDER THREAT?AVAX 1D: Bearish flag brewing as illustrated between the white regression lines. Also note the declining volume against rising price as shown along the bottom of the chart. Strong price architecture is built on a solid volume foundation. That foundation looks to be waning.
A downside breach of the 24.17 level, which is (-2 ) standard deviations off the linear mean, would potentially put the recent upward trend under threat.
The RSI has touched the overbought level at the top end of its range on the 1 day time frame and begun trending downward. Trips over 70 on larger timeframes such as the 1 day chart are significant indications of a rally potentially coming to its end. Stay nimble out there.
AVAX rise by 123%🔥 Will the party continue❓Hi friends! Avalanche is already rise by 123% from it`s bottom. By the way BTC made +40%.
Now the price is inside the wedge and ready to break up from one side. But AVAX need to make a pullback to cool down. This is a chance to open a long for us.
If the price fall to the closest value area it should become the support. The second support is lower boundary of the wedge. These two layers can stop the fall and let the alt to cool down before the growth to the new targets.
📊 Preconditions to open a long:
1. local pullback to the $23-25.5 value area and lower border of the wedge
2. volume growth which confirms the big players pressence
3. BIG ORDERS by the whales on DOM and Footprint. If the big orders apear it`s a big chance to the AVAX to continue it`s growth because the whales won`t let the price to fall.
4. bullish BTC
📊 The targets are a key levels:
🔥 $40 - closest resistance
🔥 $50 - even number
🔥 $70 - local high
💻Friends, press the "like"👍 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 Short - Taking liquidity from bulls
Reasons to take Short:
⭐️ BTC 100 ATR
⭐️ We coudn't update high
⭐️ Trendline is clearly seen on daily timeframe
⭐️ Had false breakdown
⭐️ 50 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
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.
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
$avax target remains $28-30should have stuck with this game plan as avax bounce right at our w4 completion zone.
still targeting $28-30 minimum.
only area i'm concerned about is the ? white box. rejection there would signal another wave down and likely the end of this bull run.
until then, long your longs.
avax vs eth for additional context. think avax outperforms again:
AVAX to re-test the $39 IF we hold $27 as support.AVAX has been massively oversold and undervalued for the last few months.
We've seen a strong relief rally thus far that may be sustained until $34 - $39 IF we can turn $27 into support.
If $27 does not turn into support and BTC and ETH see a correction, we could see price action for AVAX take another dive down to the low 20s.
AVAX to re-test the $39 IF we hold $27 as support. AVAX has been massively oversold and undervalued for the last few months.
We've seen a strong relief rally thus far that may be sustained until $34 - $39 IF we can turn $27 into support.
If $27 does not turn into support and BTC and ETH see a correction, we could see price action for AVAX take another dive down to the low 20s.
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.
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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 :)
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
Avalanche (AVAX) - August 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(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.
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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).
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** 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.)
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