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AVAXUSD

AVAX 130 $ is cominghello as you can see on the chart we had a beautiful retest on 96 $ level and with a long shadow , it means some people got scared and sold . always these guys will FOMO and buy again at higher prices . AVAX looks good and I think will be around 120 - 130 $ soon or later. the only bearish thing is RSI getting overbought, maybe we retest 96 $ a few days later. ..... not financial advice ! please , share your ideas with me. I'm always ready to learn. thank you. have a good day.
Long
by coocoolikoo
3
AVAX snowballing - LFGCharted on 28th, posting on 30th for $AVAX As this is being written, the AVAX conference is over and has been quite a display of events for many developers and investors looking to get in the best alternative EVM network. Besides being part of the SOLUNAVAX and JEWELUNAVAX narrative. Reasons to be bullish AVAX + subnets - handling many transactions that even allows for gas fees to be native token other than AVAX, reducing load on network, #Crabada game and #DFK are the 2 chosen ones for the entire world to see + 1 second finality + low gas fees + seamless experience + onboarding tradfi clients for defi + gud team + Pump season Expecting a rush to onboard AVAX as more defi initiatives build on top of it and the adoption and entrance from GameFi developers after seeing DFK and Crab’s eventual success. You can learn more about AVAX here Trading plan - 3 scenarios Very bullish - 35% Alts season with BTC getting higher and USDT dominance dropping - this means greater liquidity flow from higher cap alts to lower ones, as well as risk-on behaviour. AVAX ranks 10-11th place but has yet to reach its ATH which will be a psychological target for many. Also part of the strongest meta narratives. Generally as it has broken out of a descending trendline, printed a higher high and bounced off the 0.382 fib (around $89), the demand zone would have shown where people would have loaded up. Targets are overhead fibs 0.5 ($100), 0.618 ($111) 0.786 ($127) and then ATHs ($147). TLDR add on reconfirmed tests of fibs, old demand zone, ranges for parabolic price channel, and flip of old supply zone. It gets tricky once it reaches the 0.5 and 0.618 fib as the latter is an old supply zone, hitting 0.5fib would signify that AVAX is about to enter a parabolic price action yet again. Expecting volatile rejections from these old supply zones and usually the first attempt to breach into parabolic price action channel would fail. Targeting a 3-5 week trade with targets $127 and $147 before seasonal weakness in May appears Conservative Bullish - 40% It is a known thing that tokens usually display post-conference dump with reference to Fantom and Solana conferences. Would be expecting the lower 0.236 fib to be tapped near $75 to create capitulation. And then the current supply zone will be retested again, maybe twice, before breakout succeeds and confirmation of support at $89 which is the 0.382 fib that sits comfortably in the new demand zone. TLDR add below current supply zone towards 75.5 or upon breakout and retracement and retest of $89, before targeting $100 and $111, which is the 0.5 fib that could determine bullish or bearish sentiment, as well as 0.618 which is a key fib level which a) typically faces price action rejection and b) coincides with the support of the parabolic channel. Bearish - 25% BTC might dip as the price action may be unsustainable according to others, creating sell pressure of AVAX in AVAX/BTC or AVAX/USD pairs as liquidity is lowered and people take profits to protect capital. It would be likely if the price dips towards the lower ascending trendline at $68, and then I would look out for any breaks below this trendline which would indicate weakness and lack of buyers. TLDR short on rejection of 0.236 fib and breakdown of lower trendline with a target of $54, slightly above the old demand zone near $53. Generally I only long coins, so this could be used to determine your entry levels to maximize risk:reward ratios. Also 25% likely scenario because we note that the volume has been relatively lower as compared to previous price run This analysis involves mainly around fib levels demand/supply zones flipping to provide support(old supply zone becomes demand area) or resistance (vice versa). Awaiting AVAX real price movement once volume kicks in because right now it is already trending upwards on lower volume. If you’re looking more at long term growth, do check out Bybit as they offer spot, perps, 2% APY staking and information on AVAX too
Long
by Zyale
AVAX has bullish Potential & Difficulties along the way🌳AVAX has been In a Big Symmetrical Triangle. But not Long ago a Bullish Break out Happened and Determined The Trend for this Pattern. as you know Depending on The Break out, The Price can change It's Trend (In Symmetrical Triangles). The Pullback has Happened & The Price is Ready To Reach around 120$ which is also a Big Target and Resistance. For Now We shall Wait for Reaction From 96$ which is another Resistance. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
5
Avalanche: Ready to AvalancheAvalanche still has time until the resistance at $98.77 to finish wave B in green, but it could also decide to avalanche into the orange zone between $70.58 and $58.31 immediately. There, it should complete wave C in green as well as wave ii in orange and use its drive to change direction. In contrast to its namesake, Avalanche should then rush upwards above the resistance at $98.77. However, there is a 35% chance that Avalanche might endeavor to emulate said namesake and slide below the support at $53.16.
BINANCE:AVAXUSD
by MarketIntel
1
Avalanche (AVAX) - March 30Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- ** The BTC market chart for altcoins will not be published for the time being as the BTC price appears to be turning upward. (AVAXUSDT 1W Chart) Primary resistance: around 107.62 Secondary resistance: 133.79-142.52 Support: 72.72-81.45 (1D chart) Key Point Point: 89.59 We need to see if we can move up along the rising channel that has been formed in the short term. However, it may temporarily touch the 4th section (72.72-81.45) and rise, so careful trading is required. (buy) - After confirming the support around 89.59 (Stop Loss) - When it falls below 81.45 - When it falls below 72.72 (Sell) Sections 1 and 2 are a psychological resistance section, and there is a high possibility of shaking up and down. So, if you decide to sell 100%, you should not buy again if the price rises. - When resistance is received in section 1 - When resistance is received in section 3 ------------------------------------------------------------ ------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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
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.
BINANCE:AVAXUSD
by AyoKu