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 for Analysis:-Avalanche (AVAX) was a notable gainer on Tuesday, as prices surged following the release of U.S. inflation figures.
November’s consumer price index (CPI) came in at 7.1%, which was lower than the 7.3% traders were expecting.
As a result, AVAX/USD rallied to an intraday high of $14.09, which saw prices up by nearly 10%.
Today’s rise saw the avalanche hit its strongest point since December 5, which was the last time the token was trading above its ceiling at $13.75.
The 14-day relative strength index (RSI) also rose, breaking out of a resistance point of 51.50 in the process.
Gains in AVAX have eased from earlier highs, and as of writing the token is trading at $13.94.
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.
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Avaxanalys
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
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.
Trading Signal For AVAXUSDT Avalanche Trading Setup:
A Trading Signal is seen in the AVAXUSDT Avalanche .
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 25.53
⭕️SL @ 24.17
🔵TP1 @ 29.26
🔵TP2 @ 32.70
🔵TP3 @ 37.90
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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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?!
AVAX - Ready for Triangle Breakout!!AVAXUSDT(4h Chart) Technical analysis
AVAXUSDT(4h Chart) Currently trading at $19.75
Buy level: Buy after Breakout
Stop loss: Below $16.50
Target 1: $22
Target 2: $26
Target 3: $29
Target 4: $33
Target 5: $50
Max Leverage 3x
Always keep Stop loss
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