avax/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
The 5th wave of the minor wave (3) cycle hit sooner than expected and we've reached the bottom of the wave (4) retracement. We should be working on the last impulse wave (5) of the bigger cycle as shown. The price of wave 4 has entered price territory of wave (1), which normally doesn't happen too often, but when it does, it's a good indication that the bottom is in or near, unless its a dead shitcoin. I don't think avax is dead as there are a lot of good development from the team.
AVAXUSD
🚀🚀AVAX - Hit our TP1, and the next TP we expectedBYBIT:AVAXUSDT
4H trend chart
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Congrats if you're following my trading strategies
AVAX hit the first target, and you can increase your SL from 76.4 to 84.35
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
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Have a nice trading!
If this symmetrical triangle is valid on AVAX, target= $177These seem like the most valid trendline for the avalanche usd pair on the weekly chart. If this is a valid pattern and the top trendline is correct then we should see the breakout confirmed by early April. If so the target would be $177. *not financial advice*
#AVAXUSD GO LONG if power of the total crypto market cap is highBINANCE:AVAXUSD
As i study and look on the chart and other resources i can tell possibility of upward movement is higher than other conditions
IF ONE IMPORTANT NOTICE YOU SEE AND THAT IS THE POWER OF THE TOTAL CRYPTO MARKET CAP AT THE MOMENT OF ACTION!
GL
AVAX - Take entry at these pointsBYBIT:AVAXUSDT
4H trend chart
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AVAX just broke out the downtrend line, and that is the timing we can buy.
Also, it is forming a potential double bottom, which neckline is 90.855 on 4H.
So we can take entry again once the price overcome the neckline, and trading strategy as below.
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Profit Targets:
a) 98.060~100.975----Fib(1.272~1.382)
b) 104.105----Fib(1.5)
c) 117.350----Fib(2)
Stop losses:
a) 76.4-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
AVAXUSDT Next target!AVAXUSDT (1D Chart) Technical analysis
AVAXUSDT (4h Chart) Currently trading at $79
Buy level: Above $80
Stop loss: Below $60
Target 1: $94
Target 2: $119
Target 3: $144
Target 4: $180
Max Leverage 2x / Spot Market
Always keep Stop loss
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$JOE Likely to Outperform $AVAXJOE/WAVAX looking extremely bullish.
5 wave structure completed, I think we'll see this one reach previous highs and eventually further.
This is looking like an easy way to 2-3x+ your AVAX bags. Can also stake $JOE while holding for further passive income gains.
We appear to have broken out of this triangle (falling wedge) as well. It looks like we have retested the trend line resistance and have also created a double bottom.
$JOE TraderJoe BullishDouble Bottom pattern appearing on $JOE
Bottom appears to be in, I expect this to outperform $AVAX as well
the passive income in stablecoins from staking is pretty nice too! Keep using that to accumulate more $JOE as we move up from these lows
$2 my end of April easily in my opinion.
AVAX is playing harmonicsalthough we are seeing a really bear market in crypto , some projects like Avalanche are still showing signs of strength. the odds of this scenario happening is really low but in crypto nothing is impossible. let me know what do you think about this scenario.
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AVAXUSD close to breaking a flag and going up!Market is about to finish retracement to the uptrend, we are 50% fib zone and a strong support, we are looking for market to break the flag and rise up. MACD is bouncing between long and short it means we are losing momentum for short position completing consolidation and reversing to go back up, also we bounced off of a bottom Bollinger band.
Entry: 73
Target 1: 95.62
Target 2: 115.65
Invalidation: 62.55
Ratio to first target: 1:2
Ratio to a second target: 1:3.74
If you want a safer entry wait for market to break a structure up, you will have a bigger stop loss and less profit, but you will have no more confirmation to which side market is going.
AVAX/USDT : Crossing below the trendline ! BINANCE:AVAXUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
$AVAX is moving into a descending channel and now there's a break down attempt on the recent trendline.
In that case I would take a SHORT on the retest of broken level and hold it till $60.
For more details; I'll follow my plan like the chart below :
- Invalidation would be a reclaim above trendline.
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Attention: this isn't financial advice we are just trying to help people on their own vision.
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@Helical_Trades