AVAXUSDT - Quick chart Idea - Possible breakout to the upsideHi to all TV people, this is a quick chart idea. By looking it looks bullish.
I would trade only after a retest of this possible breakout. First need to break through resistance.
Upside target could fail only on a breakout on downside of this triangle.
Trade is a matter of probability, but it's safer to trade reacting on a price action not trying to anticipate patterns.
This is my idea, not financial advice. Always DYOR.
ShadowPlayer.
AVAXUSD
Avax Target - Good short entryAVAX analysis - Elliott Wave Perspective
After an impulsive uptrend, Avax seems to be losing momentum and consolidating. Now that it has reached its highest points, it may be time for a wave of downward movement.
According to the Elliott Wave perspective, AVAX is currently in the final wave of an impulse wave. This means that we will soon see a correction, but there will still be one last upward move. I am personally taking a short position between $28.00 and $28.50 for the following reasons:
- 1 to 1 extension of wave 1
- 1.618 extension (expanded flat)
- Bearish divergence (RSI)
- Correlation Main count BTCUSD (Related ideas)
It is important to note that the Elliott Wave perspective is based on historical price movements and patterns, and future price action can never be predicted with absolute certainty. Markets can be volatile and unpredictable, so it is always wise to trade cautiously and manage your risks.
Remember, financial markets are inherently volatile, and investing is always a personal choice. It is crucial to conduct thorough research, carefully assess your risk tolerance, and form your own judgment before making any trading decisions.
AVAX moon waning or waxing? Elliott waveIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
WXY posted caught the pivot dece! 🧵
Here is my ideal path for the bulls IF it stays above
25.
Then 30?
Bull-channel (AVAX)❤️❤️Thanks for boosting 🚀 and supporting us!
📈we are in bull-channel so our position on buy and high channel level for next target.
📊 (Buy) : 22
🔴 Stop Loss : 21.11
🎯 Take Profit : 22.77 - 23.66 - 24.33
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AVAX - PARABOLIC Next Bullrun🐮+400% TPHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
AVAXUSDT is another altcoin currently trading lower than it's first ATH. This is important, because it makes for an excellent low risk and high reward trade. As we see the markets current trading in the accumulation phase where range trading is common, I'm expecting sideways trading between the support zone and the resistance zone. We can then expect the final low volume selloff, as per Wyckoff Method Phases.
Interested in another altcoin that's trading under it's first ATH? Check out Litecoin :
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AVAXUSDT Descending Channel Breakout!AVAXUSDT Technical Analysis Update
AVAXUSDT formed a descending channel pattern, and the price has already broken through the channel resistance with high volume. We can expect a good upward move in AVAX.
Buy zone : Below $16.90
Stop loss : $14.85
Always Keep Stop LOss
Thanks
Hexa
AVAX Elliott wave counts.If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
AVAX 1H update.
In at 22.624.
Got close to my stop but kept me in.
Want to see how the next 12hrs print to see where its at.
But this is what I am looking for.
A bit of Elliottwave and SMC in there.
Gave a 2nd Algo entry as well.
Altcoin
AVAX vs ETHWe're near the lowest bound of the range of AVAX plotted against ETH. I think Avalanche will return to at least the highs of the range (and I feel very confident that we will move beyond the highs), which simply means for me that however long I am ETH I believe AVAX will do 5X better.
I think ETH could see at least a 5X of its own over the next couple of years and therefore I'd expect AVAX to put in at least a 25X from here.
AVAX's bullrun is nearFrom where I inserted "Start" the big B branch started. Our big B branch seems to be a diametric that has recently been hit by an F wave Only one G wave of this structure remains. I specified "Buy Zone". If you come back to this area, it is a shopping opportunity.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
AVAX/US DOLLAR These are levels that I'll be keeping an eye on when dealing with BINANCE:AVAXUSD , and I'll revise as price action progresses.
I adapt to the change in money flow.
Fundamentals:
Amazon Web Services (AWS) has partnered with Ava Labs in a bid to accelerate the adoption of blockchain technology by enterprises, institutions, and governments.
The move has sent the linked Avalanche AVAXUSD token soaring higher in recent days, outperforming even Bitcoin amid a major bull run in the biggest cryptocurrency. *OLD ARTICLE*
.....
Monthly:
1. P.A. broke a key low
2. Demand (untouched) below broken key low
3. Key S/R being revisited for 1st time
4. Key S/R rest within untouched demand
AVAXUSD Targets achieved. What's next?Avalanche (AVAXUSD) hit today our final (2nd) target of 15.5000 as we proposed on the bullish break-out signal we gave (see chart below) on October 04:
The question is, does this rally still have fuel in it or it will correct now? A reliable indicator in this case is the 1D MACD which, while the crypto has been inside the Channel Down pattern, it peaked both times just below 2.0000. This peak was confirmed only after a Bearish Cross. As a result, this rally still has room to go higher and the strongest Target (1) is the top of the top of the (dashed) final Channel Down that remains valid at 21.500. A break above Resistance 1 (22.9000) could also deliver a test of the 1W MA100 (yellow trend-line) at 26.000, but it is very doubtful to see a greater extension without a meaningful pull-back first.
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AVAX Avalanche Buy AreaLooking at the chart, in my opinion, the buy area for AVAX between $7.20 and $10.40 presents a great potential entry opportunity for long term investors.
This range provides a relatively wide margin for investors to consider entering a position in AVAX.
AVAX, the native token of the Avalanche blockchain platform, has shown promising growth and adoption in recent times.
The lower end of the buy area, around $7.20, could be seen as a more attractive entry point for those seeking a potentially lower risk position. On the other hand, the upper end of the range, around $10.40, may offer a higher potential reward for investors willing to take on more risk.
Looking forward to read your opinion about it!
AVAX Rockets to New Heights! Get Ready to Ride the Bullish Wave
I witnessed Avalanche (AVAX) make a stunning 15% pump, propelling it towards its next resistance level of 0.34. Brace yourself, my friend, because AVAX is about to take off like never before!
AVAX has been on a remarkable journey lately, defying expectations and gaining significant momentum. The recent 15% surge has brought it tantalizingly close to breaking through the 0.34 resistance level, marking a potential turning point for this incredible cryptocurrency. This is not just a random spike, but rather a clear indication of the bullish wave that is building up behind AVAX.
Now, you might be wondering, "How can I ride this wave and make the most of this opportunity?" Well, my friend, it's time to consider taking a long position on AVAX. By going long, you can potentially capitalize on its upward trajectory and reap the rewards of its anticipated surge. The market sentiment is overwhelmingly positive, and AVAX's technical indicators are aligning perfectly to support this exciting rally.
Here's your call-to-action: Don't miss out on this golden opportunity to maximize your gains! Seize the moment and consider opening a long position on AVAX today. Take advantage of the current bullish sentiment and position yourself for potential profits as AVAX confidently smashes through the 0.34 resistance level.
Remember, timing is crucial in the crypto market, and AVAX's journey is just getting started. By taking a long position now, you position yourself ahead of the curve, ready to ride the wave as AVAX surges to new heights.
So, my friend, buckle up and join the AVAX revolution! Let's ride this bullish wave together and make the most of this exciting opportunity. Your potential for profit awaits!
Should you have any questions or need assistance in executing your trade, feel free to reach out by commenting below. I'm here to help you navigate this thrilling journey and ensure you make the most informed decisions.
Wishing you an exhilarating and prosperous trading experience!
AVAX ANALYSIS (12H TF)AVAX has been bullish for several days. By examining the waves, we found that AVAX is inside a complex pattern. In fact, AVAX is inside a large diametric, which is now inside wave E of this diametric. The E wave itself has rewrapped and formed a diametric that we are now inside the f wave of this diametric. In the red area, we expect the f wave from E to end and enter the g wave from E. In the following, we also specified the possible fluctuations.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
AVAX Under ☁️ Skies: Is it Time to Sell? Bullish sun ☀️ shines over most of the global crypto market, indicating a continued upward trend in the coming 24 hours. Cloudier ☁️ bearish trading conditions linger over Ripple’s XRP, Avalanche, and Binance Coin, signaling a downward trend, ATTMO shows.
Over a one-week horizon, the bullish sun ☀️ will continue to dominate the crypto universe, though Litecoin and XRP may face cloudier 🌥️ conditions and a downward trend.
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AVAX: It's not looking good!The current TPI value for AVAX on the mid-term TPI is currently at -0.928, the minimum value is -1:
This is super bearish. This simply means that there is a high risk that AVAX will fall to test a recent liquidity level. This could happen as altcoin dominance falls
Avax is also underperforming ETH by a lot! This could indicate that it could fall much harder than ETH if we see external market factors affecting crypto negatively
As always, please stay safe!
I've linked some ideas below, this analysis is in confluence with those!