Avax Bull Flag in the Making, perhaps?Looks like we may have a bull penant in the making. Based upon length of flagpole, this pattern lends itself to a final price of $225+, if all stays intact. This signifies a huge gain.
Let’s see if this can happen. Avax also has a lot going on, significant network effect adoption curve is truly the upward pressure that will drive this lift.
Do your due diligence, and vertically good luck to all.
AVAXUSD
AVAX NEEDS TO HEELHi!,This is my Avax setup for the upcoming week :)
Target 120.38 potential profit 10.83%
Stop loss 102.38 potential loss 5.74%
As you can see we got a Strong support area at around 106.11
If you have any feedback about the chart pls feel free to tell me:)
MY IDEA ONLY NOT A FINANCIAL ADVICE!!!
Love Yall :)
AVAX - Off for a New Attempt to Break the $150 MarkAVAX on support. That's our chart saying.
Currently at 11th place and at a market-cap of $27,825,376,299
Please read our previous posts below for more info on the fundamentals.
News:
Avalanche ecosystem accelerator raises $18.5M in seed funding
AVAX is one of the year’s top crypto performers, with the likes of Three Arrows Capital and Polychain Capital supporting the PoS chain.
Keep them coming AVAX,
the FXPROFESSOR
PS. We still prefer Enjin and Fantom at the moment (from the top-50) and some newer project like Hero (check our other TV posts on our profile page)
target cheat-sheetperfect bounce at the trendline around $100 and looking to shoot higher. targets based on expected resistance where 2x buying pressure subsides .
i don't like buying at this late stage of a bull market, but you can definitely build your position via trade, i.e. selling at these levels and buying more on the subsequent dip. $155 and $200 look like the strongest candidates for resistance, so that's where you'll likely get the most bang for your buck (in terms of a discount for reentry on the retracement).
if price makes it to $200 i'll definitely be considering taking substantial profits and significantly reducing my AVAX position (maybe 50-75%).
AVAXUSDT - After a big correction, short-term TP you can set BYBIT:AVAXUSDT
1H trend chart
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AVAX fell to Fib 0.382 while a big correction yesterday.
It is obvious that price got support at Fib 0.382 and Vegas tunnel 576/676 ema in 1H time frame.
And it is resisting from a short-term downtrend line now.
If price can break out the downtrend line without long upper shadow line, trading strategy as below.
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Profit Targets:
a) 112.865----Consider this unstable market, we set an optional TP
b) 121.095----Fib(0.618)
c) 129.6----Blue horizontal ray
d) 147.73----Fib(1)
Stop losses:
a) 101.12-----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!
AVAX/USD - Bearish cross WARNING! 😲Avalanche surprised everyone this past week with a significant rally that topped at a new all-time high at $147. However, ever since then, AVAX has corrected, and today’s candle took price all the way back to $100.
Moreover, AVAX also completed a bearish cross on the daily MACD today. If it closes the day like this, then this is a major warning sign that lower price levels could be reached in the future. In the best-case scenario, AVAX’s price should contain the correction just above $100. Then bulls can then recover from this assault and attempt a recovery.
In general, it is important to remain very careful as the market is currently in a state of instability, and a lot of volatility might come into play. Therefore, vigilance is of utmost importance.
Like and follow if you liked my idea!
AVAX nice bounce in the demand zone and gap fill, looks readyWent long on AVAX here. I think AVAX is ready for another leg and may revisit as it approaches the supply zone there aroun $132-$142. I think more stimulus may make crypto end of year push to new highs, but time will tell. In the mean time I'm long AVAX here. First targets $119, $130, $134. Note that it could be forming an inverse head and shoulders here, need a right shoulder here, perhaps targeting $129 and then measured move to $170.
Avalanche Analyze 🗻!!!Probably, you are following Avalanche these days. today I decided to share my analysis about it, and How far can it grow?
Avalanche Analyze ( A VAXUSDT ) Timeframe Daily ⏰ (Log Scale)
Location 🌊: from my view, Avalanche passed its Main wave 1 and Main Wave 2 , and at this time it is moving on microwave 5 of microwave 1 of Main wave 3 .
Where is the end of microwave 1 of Main wave 3 ?
I have two targets 🎯 for the above question:
Target 1 🎯: 139$-142$ ( More possible )
Target 2 🎯: 179$-200$
Target 1 🎯 is more possible than target 2 because when we watch RSI at the daily time frame, RSI made Rising Wedge 👇.
In addition Stochastic is near Resistance Zone , and I expect that we will see the end of the movement soon.👇https://www.tradingview.com/x/gmvP8YTD/
My Suggestion : if you want to have AVAX on your portfolio, please wait for correction .
Support Zone : 105$ unit 100$ .
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe