$AVAX upcoming bleedWe're in a bull trap currently. All those bulls will be dumped hard in only 2 days. You are only seeing a small weekend short relief which is just trapping the bulls, and causing a few bears to FOMO as well.
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
Avax Rising Wedge Broke DownAvax broke down from a significant longterm rising wedge with target at $9.47 . Price action is currently bound in a descending channel. Price has reached range support and the likelihood of retesting previous range support now resistance is high as the RSI might break out of its descending trendline.
AVAXUSDT 1D bearish #AVAXUSDT 1D going to test new low as 15.02 if the current support level breaks.
AVAX MANAGINGING TRIPLE TAP Details are mentioned in the chart . ENTER AT YELLOW LINE , STOP AT RED LINE , BAG UNLOADING AT GREEN LINES ESPECIALLY AT H1 SUPPLY .
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 $AVAX - Bear Pennant BreakdownEasy short in my opinion, not financial advice! #DroidCapital #TheCryptocracy
AVAX Will Survive or Fail on this Support and Trend LineAVAX got a hard crush from its ATH and now the last hope is on the following highlighted support. Keeping an eye on this trend line and support to find if the price gets reversed by support or will fail with a hard bearish breakout.
Avalanche (AVAX) at critical volume lackAvalanche (AVAX) at critical volume lack... despite the buy signal on MACD AVAX should turn around soon not to get into this lack of volume.
A bullish divergence on RSI and a confirmed break above $29 is what every fan of this Crypto wants to see.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Buying AVAX at backside bounceEntered a long position against the backside bounce level on AVAX. Holding until the backside sell zone is hit.
AVAX/USDT - Weeklyif we lose the 22.83 level for AVAX I see a good pullback to the red levels, potentially ranging at these levels before we see another move.
🔥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.
AVAXUSDT Long Target $50 - SwingAVAX Long Term Trading.
Bullish Gartley Harmony
Bullish Divergence (RSI)
- Buy under $30
- TP1 : $50
- TP2 : $70
- TP3 : $100
Highly recommended to sell 70% of your position at $50.
AVAX Buy & Sell ZonesBuy and Sell levels marked out based on trends. Looking for backside touches on either side.
Never expect what everyone is expectingAfter 8 weeks of red BTC could have a green candle for sure, but it can be less then what everyone expects, and the week just started.
Max liquidation is the goal right now, so use the belt.
