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AVAXUSD

AVAXUSDT 1D Medium-term trade - our target $30We are already forming a series of ideas on the AVAXUSDT trading pair. We published the last of them a week ago. During the week, our assumptions are confirming that the AVAXUSDT trading pair is currently consolidating with a set of long positions. The trading delta shows the superiority of purchases over sales in the period from 06/26 to 07/13 Also, for almost a month, the Avax price has been consolidating above the critical support level above $15. Such input data for Avalanche token price gives the right to enter a medium-term trade: Entrance $16.50 Stop $14.54 (-12%) TP1 (50% position) - $26.74 (+62%) TP2 (50% position) - $29.94 (+82%) P/L ratio 7/1 Fixing the AVAXUSD price below 15 dollars paves the way for the price to fall to the region of 12 dollars. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Long
by P_S_trade
32
Avalanche (AVAX) - August 8Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (AVAXUSDT 1M Chart) The key is whether it can rise above the 39.76-44.62 section. To do that, you need to keep the price above the 15.44-20.30 range. (1W chart) Primary resistance: 30.03 Secondary resistance: 39.76-44.62 Support: 15.44-20.30 The intervals 15.44-20.30 and 39.76-44.62 are the intervals that determine the trend. So, if you hold the price above 20.30, it is likely to move above 39.76. To that end, the key is whether it can be supported by rising above 30.03 in the first place. (1D chart) Primary resistance: 27.95-30.03 Secondary resistance: 36.85-39.76 1st support: 23.72 2nd support: 15.44-20.30 The RSI and Stoch RSI indicators are entering the overbought zone. Therefore, it is necessary to check where support and resistance are found when exiting the overbought zone. If you fail to break above the 27.95-30.03 section, you should check to see if there is support around 23.72. If it rises above 30.03 and finds support, it is likely to lead to a move towards the 39.76-44.62 section. Therefore, the key issue is whether it can rise above 30.03 and receive support. -------------------------------------- If you look at the 1M chart, you can see that there has been a huge decline. Therefore, it is not easy to invest even if it shows an upward trend on the 1D chart. However, if you are not investing now, it is highly likely that you will start investing when it rises to the 39.76-44.62 range. The 39.76-44.62 interval is the interval that determines the trend. So, if it moves above 44.62, it will continue its uptrend, but if it doesn't, it will go downhill. The closer you get to this important support and resistance zone, the more likely the peak will be when you feel compelled to buy now. Conversely, if you buy, the area that is more likely to decline is more likely to be the bottom. Between this bottom section and the section where a full-fledged uptrend starts, it is a good section from a mid- to long-term point of view, no matter where you buy. However, when a further decline occurs, it is important to secure adequate cash because a better opportunity may be missed due to a lack of cash. In that sense, the method I recommend is - Buy when the price moves sideways or when the price falls at a certain rate (for example, when it falls by -10% or -20%), - When the price rises and receives resistance in the resistance section, sell when it rises at a certain rate (for example, when it rises by 10% or 20%). This is a method to increase the number of remaining coins (tokens) with a small amount of cash profit by selling with the purchase principal (+ transaction fee x 2 ~ transaction fee x 20 included) when selling. Cash management is important because this method has to be continued until the start of a full-fledged uptrend, so if you buy using too much cash at once, you may run out of cash. Since the coin (token) secured in this way has an average purchase price of 0, it is always in a state of profit until the price becomes 0. From a mid- to long-term perspective, the need to increase the number of coins (tokens) is to increase these coins (tokens). ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Risky Trade - AVAX LongToday`s trading idea is based on AVAX and going long with strict risk applied to it, and the ability to use leverage to your advantage. This trade might be a bit too risky for some of you , but for those that don't shy away from taking a bit extra on their accounts, it can be a great idea and way to generate a bit extra right before the holiday season in August Long AVAX/USDT x10 ➡️Entry: 23.48 ✅Targets: 24.01(50%) - 24.59(25%) - 25.30(25%) ❌SL: 22.99
Long
by Atlas-Horizon
Avalanche (AVAX) - July 27Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (AVAXUSDT 1W Chart) The key is to find support in the 19.79-23.96 zone and move higher than 32.23. If it falls below 19.79 and finds resistance, then it is likely to drop below 13.47, so trade cautiously. (1D chart) Primary resistance: 30.32-32.23 Secondary resistance: 43.66 1st support: 19.79-23.96 2nd support: 13.47-16.56 - The RSI indicator is falling out of the overbought zone. - The Stoch RSI indicator is located in the oversold zone. So, if you find support near 19.79 when you break out of the oversold zone, you would expect a short-term uptrend. However, it may temporarily touch the 19.79 area and move higher, so you need to trade cautiously. - In the CCI-C indicator, if the CCI line is maintained above the EMA line, it is likely to show an upward trend. Therefore, it is necessary to ensure that the CCI line remains above the EMA line. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1