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Avax

Avalanche - Short Term Swing Trading Idea - 29 May 2022FTX:AVAXUSD for a few days dropped over 35% and on bigger time frames start forming good price action upwards. In the next 3-4 days I expect gains of over 30% and hit a strong resistance level of over $31 per coin. What is the supported thesis technically for the expected scenario on Avalanche? - Price-action will be a strong signal in the next couple of hours - By Elliot waves - there are 5 waves impulse and expecting classic A-B-C correction - The RSI indicator will hit a bit lower before curving up If you have any questions related to this trading idea I will be happy to provide you with answers. FTX:AVAXUSD
FTX:AVAXUSDLong
by TradingTie
AVAX/USDT - Short ScenarioHello Traders! AVAX continues the development of the corrective movement. The price is looking for new support levels. Price fixing under the MA100 on the two-day timeframe, as well as the exit of the RSI indicator in the bearish zone serve as confirmations in favor of the continuation of the development of the correction. Accumulation of the asset should take place after the culmination of sales and the movement of the price in the zone of interest of buyers. A suitable price range for medium-term purchases is $10.25 - $13.35. It will be possible to continue to hold the position with the aim of fixing profits near the price level of $24.25 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
Short
by UnknownUnicorn10064030
🔥AVAX: is it going to PUMP after 2 months fall?Avalanche (AVAX).Avalanche Trading Setup. The growth of volumes after a false breakdown indicates the buyer's presence! A large number of long traders closed their positions on their own or their stop losses were collected under the key level of $27.50. 📊When the price will be squeezed under the trend line - this will be the main signal to open the long. Also, local manipulations are possible, which will give additional confidence that a BIG player wants to accumulate enough liquidity to open a long position. A squeeze and breakout of the trend line is what we should wait for to open a long. 📊Globally, many retail traders opened short positions after 2 months of decline. But if the price of AVAX starts to rise together with the Bitcoin, we can expect a fast price growth. The short traders will be the fuel for the huge PUMP. 🎯Value areas and targets: 1. $38 (+23%) 2. $42 (+40%) 💻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.
by Yuriy_Bishko
4
#AVAX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Welcome to this quick AVAX/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:- AVAX/USDT PARALLEL CHANNEL brake the green zone and buy the dip and retest the PARALLEL CHANNEL green zone. (SPOT CALL) Entry:-$23.69,29.63 Traget:- 140% Stoploss:- $20.56 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
AVAXUSD hit the Channel Up bottom. Levels to watch.Avalanche (AVAXUSD) hit on May 12 the bottom (Higher Lows trend-line) of the Channel Up that started after its February 10 2021 High. That was its first High and May 12 marked its second Higher Lows. Assuming that holds, the pattern will continue to hold and we will have to look for specific markers in order to time a new uptrend. As you see, there are three indicators that broke in a specific order during the last rise to a Higher High. First the price broke above the 1D MA50 (blue trend-line) following the Higher Low consolidation. Then the RSI on the 1W time-frame crossed above its MA. Finally the 1W MACD made a Bullish Cross. Keep an eye on those conditions and plan a potential buy strategy accordingly. On the other hand, a weekly (1W) candle closing below the Higher Lows trend-line of the Channel Up, can set in motion the lower Fibonacci extensions, namely the -0.236 and -0.382 before the market bottoms out. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BINANCE:AVAXUSD
by TradingShot
2
AVAX expected path for the upcoming weeks- follow me for morehey, i am merna, a middle-eastern analyst, follow me for more ideas and quotes on twitter! luv ya ❤️ AVAX price drop was expected due to the broke 2 ascending trend lines, which made it go down to a find a powerful support line. S line and S2 line are powerful support lines, breaking them is not a good sign, breaking the blue trendline will make us go to the nearest resistance which is the R orange box. S = support S2= 2nd support R = resistance acc = where most of the big players entered long positions , when price approaches these levels they will defend their positions hard. AH = all-time high
Long
by crypto_sucker19