AVAX Analysis: Entry into Main Trend and Peak ExpectationAVAX is currently entering the main trend in the middle. If this is successful, I expect a strong peak after the second half of June. I want to highlight two important dates: June 21 and August 5.
As seen in the chart, AVAX is moving within a strong upward trend. Currently trading at 40.500, I foresee the possibility of AVAX moving towards the 148.000 levels. Closures above this level may indicate the continuation of the trend and pave the way for new peaks.
Key Levels to Watch:
June 21, 2024: I expect significant price movement on this date. It is likely that the trend entry will be confirmed and the upward momentum will gain speed.
August 5, 2024: During this period, a strong move towards the peak could occur.
If AVAX successfully enters this trend, we may see much higher levels in the remainder of the year. However, it is important to manage risks well and diversify your portfolio when investing.
Disclaimer:
This analysis is not intended as investment advice. You should make your investment decisions based on your own research. As cryptocurrency markets are highly volatile, always be cautious and prioritize risk management. The responsibility for investments made based on this analysis lies entirely with the investor.
Invest smart, stay safe.
Atilla Yurtseven
Avaxlong
AVAX → Avalanche Falls to $30! Heading Back to $50?AVAX landed just north of our final take profit target of $30 from my last analysis, a perfect drop and profit after three pushes up in a bull trend. Avalanche has been sideways since, are we ready to go back up?
How do we trade this? 🤔
We had three pushes up in a bull trend; the third push made contact with a major 2021 resistance area, followed by two strong bear candles closing on their lows below the Daily 30EMA. We tested the 30EMA as resistance followed by a strong bear bar closing on or near its low on April 9th. That was our confirmation to enter the short down to $27, we took profits just north of $30 where the run ended. This completed a two-legged pullback, which is a signal that the price may want to re-test $50 and beyond.
We've had several attempts to break that low since and found ourselves in a nice trading range. The longer a trading range continues, the greater the chance the price will reverse direction from the price action to the left of the range. With Bitcoin in a nice pullback and seeming to want another run for $74,000, AVAX is likely to follow toward the upside. Wait for a strong bull candle to close on or near its high at this level, then enter a 1:2 Risk/Reward trade, taking half profits at 1:1 R/R ($42.000). Move the stop loss up to the entry price and swing the latter half of the position to $49.00, just before the left resistance area.
💡 Trade Idea 💡
Long Entry: $35.00
🟥 Stop Loss: $28.00
✅ Take Profit #1: $42.00
✅ Take Profit #2: $49.00
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Three pushes up into a bull trend.
2. Price has made contact with a 2021 resistance area.
3. Strong sell signal pushing below the Daily 30EMA
4. Two-legged pullback from bull run, price has run sideways for an extended time, look for long entry.
5. RSI at 40.00 and on the Moving Average, supports long bias.
💰 Trading Tip 💰
It's reasonable to take half profits at the first resistance target in a long trade, or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worry of losing money. This helps improve trading psychology and the equity in your account.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
Avax Premium SignalAlright, folks, check this out. I've got a premium signal straight from the consulting chatroom where we've been hashing things out. Our analysts are in on the juicy stuff, only dealing with insider info from the big players like market makers and whales. Forget about all that technical analysis mumbo jumbo when the heavy hitters are making moves. This deal's set to hit its targets in the next few weeks. None of that trend line or Fibonacci nonsense here. Our endgame? Making bank, plain and simple. And let me tell you, these free signals ain't gonna come around often. Use your noggin, do your own research, and make your moves wisely, alright?
AVAXUSDT Next Target $100AVAXUSDT broke through its resistance and is now aiming for $100. Traders are excited about the surge and expect it to keep going up. With this momentum, AVAXUSDT could soon hit its target, making a big move.Despite AVAXUSDT’s upward push towards $100, it’s essential to maintain a stop loss strategy.
AVAXUSDT (1D Chart) Technical analysis
AVAXUSDT (1D Chart) Currently trading at $61
Buy level: Above $58
Stop loss: Below $47
TP1: $70
TP2: $80
TP3: $90
TP4: $100
Max Leverage 3x
Always keep Stop loss
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AVAX LONG Future ForecastHello friends,
With Bitcoin breaking its all-time high, we are on the verge of entering a mega bull season. While Bitcoin has led the bull run so far, and although the altcoin market has shown some upward movement, it's premature to say that the altcoins' rally has begun. I believe the real surge for altcoins will start from today onwards. AVAX, which has shown strong performance even during the pre-ATH bull season, I anticipate will continue its performance more efficiently in the coming days.
Looking at the situation technically, in the short term, we are within a cup and handle formation, and we have reached our initial target of (50.03$). If we break the target resistance, the RSI on the 4-hour and daily charts will turn into overbought territory from the 70 levels, and according to the formation, our next target will be 59.20$, triggering overbought conditions on the daily chart and initiating a new daily uptrend wave. Easily, we will reach our current resistance levels (79.91$, 99.42$, 127.38$) and then ATH (148$) levels.
Stay tuned for more gains, my friends!
Wishing you all profitable trades.
#AVAX/USDT#AVAX
The price is moving in a descending channel on the 12-hour frame
We have a commitment to the limits of that channel
Now we have a breakout of the downtrend
We have buying momentum on the MACD indicator
Entry price is 36.29
The first goal is 37.96
The second goal is 40.78
Third goal 43.59
AVAX → Avalanche Pullback Complete? Long to $50 or Higher!AVAX ran three pushes up in a bull channel just shy of the 2022 Resistance area topping out at $50. That was followed by a pullback and a strong bull signal. Is it time to long?
How do we trade this? 🤔
A long entry is close to being justified! Here's what we have in favor of the long bias; Three pushes up in a bull channel ending at $50 (psychological number because it's even) just below the 2022 resistance price of $53.25, followed by three pushes down in a micro-bear channel, the final push of the bear channel ended in a strong bull signal bar, and we have a good bull bar close on the third after the signal bar.
What we need now is a strong bill close above the 30EMA. A desirable data point would be a re-test of the micro-bear channel resistance as support to add probability to our long. However, I do not believe this is required to justify a long entry.
I believe we need to be conservative longing at this stage in the crypto market, which is why I only advocate for a 1:1 scalp at a lower than maximum position size allowed for your trading strategy. I think Bitcoin and Ethereum have a larger pullback on the horizon, but do believe the market will come up a bit before it goes down.
💡 Trade Idea 💡
Long Entry: $34.90
🟥 Stop Loss: $23.90
✅ Take Profit: $45.90
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Three pushes up in a bull channel ending at 2022 Resistance.
2. Micro Bear Channel forms with three pushes down.
3. Strong bull signal buy bar on the third push.
4. Wait for a close above the Daily 30EMA to enter a long position.
5. RSI at 46.00 and above the Moving Average, supports long bias.
💰 Trading Tip 💰
The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
I expect AVAX to rise to $65.
Hello everyone!
#AVAX has established itself above the 0.5 Fibonacci level amid market growth. I anticipate further movement in the near future towards $65.
All targets are on the chart.
This is not financial advice, everything you do is at your own risk!
Subscribe to me to receive even more trading ideas.
free in R/2📊Analysis by AhmadArz:
🔍Entry: 30.71
🛑Stop Loss: 30
🎯Take Profit: 31.32 _ 32.14 _ 33.26 _ 34.34
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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AVAX → Avalanche Making Another Attempt to Break $50? Yes!AVAX pulled back 37% from its recent high just at $49.85, a strong pullback that brought pause to the bulls until now. Is this the time to enter a long trade?
How do we trade this? 🤔
The answer is almost! We have several market indicators that point to a 1:2 Risk/Reward trade near this price area. We have three pushes down in our pullback from $49.85, 3 failed attempts to make lower lows in a trading range, and an RSI that is low and above the Moving Average; Bitcoin as a market indicator is showing signs of making another attempt toward the upside as well. We're 15% away from the Support zone with plenty of runway before hitting the previous high at $49.85. These are optimal conditions for a long trade.
Take half profits at 1:1 Risk/Reward, a price target of $39.50, then move the stop loss up to the entry price to lock in profits for the second take profit. This eliminates initial risk and allows the second half of the trade to be executed without the fear of loss.
💡 Trade Idea 💡
Long Entry: $34.50
🟥 Stop Loss: $29.50
✅ Take Profit #1: $39.50
✅ Take Profit #2: $44.50
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Three pushes down in the pullback from $49.85
2. Three failed attempts to break a new low in the trading range
3. 15% away from the Support Zone and 37% away from the previous high of $49.85
4. RSI at 48.00 and above the moving average which are ideal conditions for a long
5. Bitcoin showing signs of a move toward the previous high
💰 Trading Tip 💰
Trends typically have 3 pushes in either direction before a trend change begins. Along with other market indicators, creates a situation to look for counter-trend trades because the probability of profit is high enough.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
Celebrate the Avalanche's Unstoppable Rise!
It brings me immense pleasure to inform you that Avalanche continues to dominate the crypto space, with its price soaring higher than ever before, effortlessly surpassing the moving average. This remarkable achievement is a testament to the incredible potential and resilience of the Avalanche ecosystem.
Are you ready to ride the wave of success with Avalanche? If so, then consider this idea your invitation to join the Long Avalanche Movement today
Here's why I believe Avalanche is a golden opportunity worth exploring:
1. Unparalleled Performance: Avalanche has consistently outperformed market expectations, demonstrating its strength and stability amidst turbulent times. Its upward trajectory has been extraordinary, instilling confidence and excitement among traders worldwide.
2. Innovative Technology: Powered by Avalanche's groundbreaking consensus protocol, the platform offers lightning-fast transactions and low fees, making it an attractive choice for both institutional and retail investors. The ecosystem's commitment to innovation and scalability sets it apart from the competition.
3. Growing Adoption: Avalanche's popularity is on the rise, with an increasing number of projects and developers choosing to build on its robust infrastructure. The expanding ecosystem clearly shows the platform's widespread acceptance and potential for long-term growth.
So, how can you get involved and seize this opportunity? Here's your call to action:
1. Research and Educate Yourself: Dive into the world of Avalanche and familiarize yourself with its unique features, use cases, and potential. Understanding the technology and its implications will empower you to make informed investment decisions.
2. Stay Updated: Keep a close eye on Avalanche's latest news, project updates, and market trends. Follow reputable sources, join the community forums, and engage in discussions to gain valuable insights and stay ahead of the curve.
3. Take Action: When you feel confident and ready, consider adding Avalanche to your investment portfolio. Whether you're a seasoned trader or a beginner, there are various avenues available to participate in the Avalanche ecosystem, including spot trading, staking, and yield farming.
So, what are you waiting for? Join the Long Avalanche Movement.
AVAXUSDT - Quick chart Idea - Possible breakout to the upsideHi to all TV people, this is a quick chart idea. By looking it looks bullish.
I would trade only after a retest of this possible breakout. First need to break through resistance.
Upside target could fail only on a breakout on downside of this triangle.
Trade is a matter of probability, but it's safer to trade reacting on a price action not trying to anticipate patterns.
This is my idea, not financial advice. Always DYOR.
ShadowPlayer.
AVAX Rockets to New Heights! Get Ready to Ride the Bullish Wave
I witnessed Avalanche (AVAX) make a stunning 15% pump, propelling it towards its next resistance level of 0.34. Brace yourself, my friend, because AVAX is about to take off like never before!
AVAX has been on a remarkable journey lately, defying expectations and gaining significant momentum. The recent 15% surge has brought it tantalizingly close to breaking through the 0.34 resistance level, marking a potential turning point for this incredible cryptocurrency. This is not just a random spike, but rather a clear indication of the bullish wave that is building up behind AVAX.
Now, you might be wondering, "How can I ride this wave and make the most of this opportunity?" Well, my friend, it's time to consider taking a long position on AVAX. By going long, you can potentially capitalize on its upward trajectory and reap the rewards of its anticipated surge. The market sentiment is overwhelmingly positive, and AVAX's technical indicators are aligning perfectly to support this exciting rally.
Here's your call-to-action: Don't miss out on this golden opportunity to maximize your gains! Seize the moment and consider opening a long position on AVAX today. Take advantage of the current bullish sentiment and position yourself for potential profits as AVAX confidently smashes through the 0.34 resistance level.
Remember, timing is crucial in the crypto market, and AVAX's journey is just getting started. By taking a long position now, you position yourself ahead of the curve, ready to ride the wave as AVAX surges to new heights.
So, my friend, buckle up and join the AVAX revolution! Let's ride this bullish wave together and make the most of this exciting opportunity. Your potential for profit awaits!
Should you have any questions or need assistance in executing your trade, feel free to reach out by commenting below. I'm here to help you navigate this thrilling journey and ensure you make the most informed decisions.
Wishing you an exhilarating and prosperous trading experience!
AVAX time to take SS ? Long !!Hello traders i hope you are doing well its my 4th analysis on AVAX
we are having strong trendline liquidity once we have breakout we will target SS which means sellers Short they have pending liqudity to the upside
we are on 4hr OB and demand zone
on breakout you can open long
AVAX is on the long list with a level of 4.537Hello everyone!!!
AIHermes today identified the coin AVAX on the long list with a level of 4.537
Entry model - breakout! Leverage 10-20X
Stop short.
We see a long accumulation and a gorgeous squeeze!
1st target 4.69
Trade with us, trade better than us!
Today:
19 coins on the short list
17 coins on the long list