Get started

AVAXUSD

AVAXUSD Re-testing the 1D MA50. Breakout and rejection scenariosAvalanche (AVAXUSD) is recovering from the recent rejection on the 1D MA50 (blue trend-line) last week. That would be the third attempt that close to the MA50 in 3 weeks and with the 1D LMACD on a strong rise, it appears it could be the decisive one to break it. In fact the same LMACD sequence was last spotted in July 2021, a year ago, when the price eventually broke above the 1D MA50 and initiated an extremely strong rally. Now with the general crypto market attempting to find a bottom on this Bear Cycle, such a rally would be difficult to re-create yet but the Fibonacci retracement levels within this long-term Channel Up can help us set some short/ medium-term targets leading eventually to the 1D MA200 (orange trend-line). On the downside, if the price gets rejected again and breaks below the Higher Lows trend-line (Fib 0.0), it can go for a Bearish extreme near the -0.236 Fib, similar to the Bullish extreme at 1.236 Fib that shaped the top of the market on November 22 2021. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:AVAXUSD
by TradingShot
3
Avalanche (AVAX) - July 13Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (AVAXUSDT 1W Chart) The key is to find support above 13.47 and move above 23.96. From a mid- to long-term perspective, it needs to rise above 32.23 to continue the uptrend. (1D chart) Primary resistance: 23.96 Secondary resistance: 32.23 Support: 13.47-16.55 If it finds support near 16.55, it is expected to move higher. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. 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
#Avax / #USDT : Analysishello? Traders, welcome. Notes related to this analysis : - In this chart, the price is in the supply Zone -The strength of the upward trend has weakened -There is also a negative divergence in the Macdi histogram - About that detrend line : If we consider the red trend line for trading The trendline is broken and its pullback is done and we can enter the trade But if we consider the blue trendline, you should wait until it breaks and then enter the trade ------------------------------------- + If you have an opinion, I will be happy to share it with me in the comments ------------------------------------- + If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day
Short
by alirezanaderiTrading
AVAXUSDT 12h A possible AVAX price movement for the coming monthAlmost two months ago, we published a global idea for a trade pair of Avaxusdt Then the AVAX price was in the middle of the liquidity zone $27-37, from where she headed on the red route and clearly reached the target - $14 I would like to believe that for a few weeks we're looking at how the Avaxusd price is ramming bottom and filling the big long position The estimated possible movement of the Avaxusdt prices we depicted a blue route. The first target for a medium-term trade +60% in the area of ​​$29-31 In danger of Long positions will be if the price of Avalanche token will be consolidated below $15, below critical support _______________________________ 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 :)
by P_S_trade
23