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AVAXUSDT

AVAX - Possible targets Long term we are bullish for avax, we do expect higher prices of minimum $60. Having said that, this can happen in a number of ways, and we have a plan for all of them. We currently own avax after buying at $16 and again at $23 after the breakout we collected some profits at $40 and the rest we are keeping for the next tp at $60 and lastly $100. For now avax is holding the current level and we expect a bounce soon after some accumulation in the area shown between $35.6 and $40. We are staying long and possibly accumulating in this zone for now, there is nothing suggesting that we might break below. If we do break below, confirm the breakdown and follow through, then we expect another 35% drawdown that would bring us back to the $22 level. If this happens most people will be bears and calling for even lower prices, we however will be accumulating even more provided that there are no macro bear signs in the total chart or btc. So the strategy is clear, above 35/36 we are bullish and expect higher prices, below that we expect the price to fall to $22. On the 4h a break below $40 might also give us a chance to enter with a leveraged long. This scenario would come into play if the break below $40 would be weak and stay above $35, if we then broke back above $40 and backtested it as support we would count it as a failed breakdown and a great chance to long to $60. If that does happen we will update the community and hopefully post on here. I hope this gives you clarity. Good luck!
Long
by SynergyTradingSetups
AVAX/USDT Bullish Reversal Potential from Support Zone? 👀🚀AVAX💎 Paradisers, pay attention as #AVAXUSDT showcases a noteworthy pattern, enhancing the likelihood of a bullish reversal from its support zone. 💎 Recently, #Avanlanchi faced a rejection at a strong supply level, and now, it's breaking lower, continuing a lower low trajectory. Despite current sell-side sentiments, an interesting development is observed where the price makes an initial upward move from a flagged zone, only to follow with a downward trend, setting the stage for a potential bullish reversal from support. 💎 Should the price breach this critical support, we could witness a significant bearish descent.
Long
by MyCryptoParadise_Simon
1
Cryptolean Avalanche AVAX Update Avalanche is facing the resistance from $60. A bullish break-out and the daily candle closure above $60, the key daily resistance, will push AVAX price higher towards $64-$67 and higher to $72 . A bearish dip to below $54 will result in a decline to re-test $47-$49, the key daily support. Intraday Chart Unable to sustain the price action above $59.40, the AVAXUSDT 4-Hour chart is having a bearish intraday pullback. A bearish dip to below $54.30 or, even better, to $47.63-$49.61 and a bullish rejection of one of these levels could offer a long trade towards $59 and higher. A bullish move from its current price location and a break-out of $59.40 resistance will push #Avalanche to the next target of $63.89-$66. Support once read! Thank you.
by Trade-Lean
AVAXUSDT:Bullish Flag & Volume Surge, Over 20% Upside Potential?Hi Realistic Traders, let's delve into the technical analysis of BINANCE:AVAXUSDT AVAXUSDT is currently demonstrating a robust bullish trend, asserting its strength above the EMA90 line. This trend is poised to persist as the price surpasses the upper trendline of the bullish flag pattern, supported by a notable increase in trading volume. Additionally, the bullish crossover indicated by the MACD Indicator further solidifies the positive momentum in the market. With these indicators aligning, there is a favorable outlook for continued price appreciation towards our designated target. Investors can anticipate a rewarding trajectory ahead, guided by these insightful market dynamics. It is essential to note that the analysis will no longer hold validity once the target/support area is reached. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Avalanche." Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
Long
by financialfreedomgoals101
2
AVAX: Approaching ResistanceTrade setup : Price is in an uptrend. Following a bullish break above $43 key level, price has reached our near-term target of $50 for a +15% gain. This is where price got rejected in late 2023, which makes it a significant resistance level. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $50 to signal continuation of uptrend, with + 30% upside potential to $65 next, or 2) pull back near $43 support for another swing trade entry in Uptrend with +15% upside potential back to $50. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $35 (previous resistance), then $25. The nearest Resistance Zone is $40 - $43, which it broke, then $50 and $65.
Long
by altFINS
AVAX LONG Future ForecastHello friends, With Bitcoin breaking its all-time high, we are on the verge of entering a mega bull season. While Bitcoin has led the bull run so far, and although the altcoin market has shown some upward movement, it's premature to say that the altcoins' rally has begun. I believe the real surge for altcoins will start from today onwards. AVAX, which has shown strong performance even during the pre-ATH bull season, I anticipate will continue its performance more efficiently in the coming days. Looking at the situation technically, in the short term, we are within a cup and handle formation, and we have reached our initial target of (50.03$). If we break the target resistance, the RSI on the 4-hour and daily charts will turn into overbought territory from the 70 levels, and according to the formation, our next target will be 59.20$, triggering overbought conditions on the daily chart and initiating a new daily uptrend wave. Easily, we will reach our current resistance levels (79.91$, 99.42$, 127.38$) and then ATH (148$) levels. Stay tuned for more gains, my friends! Wishing you all profitable trades.
Long
by KriptoTraderr
1
AVAX ABC Correction PlaybookAVAXUSDT has recently encountered a formidable psychological barrier at $50, coinciding precisely with the 661.8% Fibonacci retracement level. This alignment presents an opportune profit-taking level for buyers, suggesting a potential shift in market sentiment. Traders could be inclined to initiate short positions on AVAX, possibly giving rise to an ABC corrective pattern in line with the Elliott Wave theory. The critical factor to monitor is the adherence to the $50 level. As long as this psychological resistance holds, it signals a preparation for a robust C-Wave down, indicative of a corrective move in the broader market. Staying vigilant around this key level will provide insights into potential developments and opportunities in AVAXUSDT's price action.
Short
by CryptoPAMM
Ascending Reversal PatternOn the weekly timeframe the support area marked by the blue box plays a key role in supporting the price and initiating a growth phase. After the price approached this support area, we witnessed a positive market reaction and the start of an upward trend. During this uptrend, the price reached the orange-colored resistance box, which had been previously identified as a major obstacle to price growth. However, the market managed to break through this resistance level and move beyond it. The formation of bearish candles on the chart, indicating a correction and pullback to the broken level, is considered a natural part of the upward trend cycles. This pullback serves not only as a correction phase but also as a setup for the formation of an ascending reversal pattern. With the completion of the pullback and the emergence of signs of an ascending reversal pattern, it is anticipated that the AVAX price in this timeframe will experience significant growth. The price is expected to move towards the next resistance area, previously set as the next target Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal