Avaxshort
AVAXUSD, are sellers planning a new bear raid?Hello TradingView community, today we’re looking at AVAXUSD as price remains in a solid-looking downtrend. We are watching a consolidation pattern that could be a descending triangle or a wedge type pattern in the existing trend.
The key for us is at 28 support. If sellers break this level, the continuation could be on, and we would like to see a new LL set to show normal pattern of trend. If buyers can continue to hold 28 and above, this could be a worry for short term seller momentum that was set with a break of yesterday’s low this morning.
This pattern is also seen on SOLUSD, and other coins in the top 10 remain range-bound.
It’s really up to sellers now if they want to take this trend lower.
Good trading
AVAX SHORT! Bearish Divergence on the RSIBearish divergence. I see a great opportunity here being that the overall market has been showing signs of weakness. Placing a stoploss at $84. This isnt a 1 day or 1 week trade I anticipate this taking a couple months to play out. Cheers
Target #1 $38
Target #2 $24
Target #3 $14
AVAX on the 4hr chartThere has been multiple candle closes towards the top of the ichimoku cloud, which indicates the price should drop to the bottom of the cloud.
The last 8 candles could also be seen as a sideways double top which is a further indication of a slight retracement
There is a bullish TK cross
I believe AVAX will either bounce off the 0.5 fib retracement level OR bounce off the bottom of the ichimoku cloud, and then breakout above the cloud.
LET ME KNOW WHAT YOU THINK
AVAX Long and Short entry zonesBINANCE:AVAXUSDT
Today got back to analyzing some AVAX trade setups. I added the Long and Short entry points that are of my interest. I think we are done with dropping lower for now and will start trading sideways for the rest of the month before making another move upwards.
We could be in for a few boring weeks in the market but this is a good chance to build out your positions for the next move
Upper limit 147$
Lower limit 51$
Accumulation range 77$ - 110$
AVAX short term short setupBINANCE:AVAXUSDT
Hello everyone today I have a short term short setup for AVAX, AVAX has been on a rally without a good retrace It has broken out of the uptrend channel and I think we could see a correction from this point before we go any higher
SL 150$
TP 108$
ENTRY 133$
Risk Reward if 1000$ in position
Risk to lose around 130$
Reward to gain around 180$