AVAX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this AVAX/USDT update from Crypto Sanders.
Chart Analysis:- Avalanche (AVAX) made sizable gains to start the week, moving by as much as 6% higher during the day.
AVAX/USD peaked at 11.60 on Monday, which comes less than 24 hours after falling to a bottom at 10.92.
This has resulted in the avalanche rising to its strongest point since October 7, when the price last surpassed a ceiling at 11.70.
Earlier gains have marginally faded, with AVAX now sitting at 11.57, and this comes as the RSI hit a ceiling at 70.00.
Price strength is now hovering at 69.40, however, bulls will likely look to break this mark and force a move above 70.00 in the coming days.
I have tried to bring the best possible results in this chart.
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AVAXUSDT
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!
$AVAX Performing Falling wedge in 1DEURONEXT:AVAX Performing Falling wedge in 1D Keep eye on Breakout
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
SasanSeifi 💁♂️AVAX/USDT 👉1D Hey there! I think the price can potentially experience positive fluctuations. The likely trend is also indicated in the image above. Maintaining the support range of $8.60/$8.50 is very important.
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
AvaxUsdtthis analyse about avax for this year on big picture can got higher targets but this for this year
GL
EntryPoint:
10.56
10.16
Supports:
9.66
9.12
8.49
8.18
7.75
Resistances:
11.16
11.94
Targets:
13.05
13.64
14.57
mid time:
16.47
17.97
20.09
22.73
now on middle channel and resistance trend line
should break this point for going more up.
GL
AVAX/USDT Ready for Bull Momentum? 🚀AVAX Analysis Today💎Paradisers, set your sights on AVAXUSDT! Its current trajectory is both intriguing and promising, as it stands strong at a pivotal support point, hinting at a potential upward swing.
💎In recent days, Avalanche has been charting its course within a descending triangle. Breaking past the triangle's support, it's now on an upward trajectory.
💎The first resistance hurdle is set at the $9.36 benchmark, followed by a sterner test at $10. Given its stance in the demand zone, we're optimistic about its chances to tackle these resistance points.
💎Yet, it's essential to stay alert: if AVAX dips below its current support, a bearish downturn towards the marked support could be on the horizon.
💎Sharpen your trading decisions for AVAX with ParadiseFamilyVIP. Delve into our expert analyses on AVAX and other potential tokens, refining your crypto game plan.
Box section : 8.81-10.09Hello?
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(AVAXUSDT chart)
The key is whether the price can be maintained by rising above 13.4704.
Therefore, from a long-term perspective, 13.4704 or lower can be considered the bottom range.
(1W chart)
The key is whether it can receive support and rise around 9.76.
At this time, what is important is whether the price can be maintained by rising above the MS-Signal indicator.
(1D chart)
You are looking at the 1M chart and the 1W chart, but you may be asking, is there a need to see the entire chart on the 1D chart?
The reason to view the 1D chart as a full chart is to see how support and resistance points are marked.
You can check support and resistance points through the 1W chart and 1M chart, but since they only show approximate points, it may be burdensome to use them in your trading strategy.
The only support and resistance point formed across the entire chart is the 7.72 point on the current chart.
Therefore, other support and resistance points can be said to be support and resistance points that are still being formed.
Therefore, this means that the role of support and resistance may be weak.
Therefore, AVAX can also be seen as a coin (token) that is likely to show a large upward trend whenever a full-fledged upward trend begins.
No matter how likely it is that there will be a big uptrend at any time, if the trading volume does not increase accordingly, it may be meaningless and should not be given much meaning.
The recent move caused the HA-High indicator to drop and create a new one.
Accordingly, the HA-Low indicator and the HA-High indicator are showing close proximity.
Accordingly, if it shows support in the 8.92-9.83 range, it seems likely that it will turn into an upward trend.
If we select the box section with this in mind, it falls within the 8.81-10.09 section.
Therefore, when the StochRSI indicator leaves the oversold range, the key is whether it shows movement out of the 8.81-10.09 range.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Avax trade LongHello traders i hope you are doing well
AVAX making bullish divrgence here and once we have some volume and strength its possible we will go up
as you can see whenever price made bullish divergence it took liquidity to the upside
we have Pending FVG and OB which is not metigated yet
Long 9
tp 10.5
Brief Analysis——AVAX(Recap)A few days have passed and AVAX has started a continuous decline as we said before, which has covered most of the gains at the beginning of the month. The attack on FT's copycat Stars Arena is temporarily over. The project team stated in the latest announcement that 90% of the stolen funds have been recovered, but the protocol has not been restored now, and the funds have been withdrawn from Avalanche.
After the upward pin-bar appeared, AVAX turned downward and the trading volume gradually decreased. From the WTA indicator, at the daily level, the blue column representing the whale disappears, a V-reversal is formed, and the whale has taken profit. From the ME indicator, AVAX is always below the orange wavy area, which means that AVAX is in a bearish trend.
Next, let’s see if AVAX has improved at the small level.
Switch to level 4h. Bulls have seen little reinforcement during the decline, with the slope of the decline as steep as the previous rise. There is no difference between the situation reflected on the WTA indicator and the daily level. After the long upper pin-bar appears, shrimps representing retail investors fill the entire pond. The whale disappeared. The candlestick is below the purple wave area, and the ME indicates that the bullish trend is about to be reversed.
For AVAX, the decline may not be over yet for AVAX.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Divergence 2hr on AvaxDivergence occurs when price makes higher highs, while indicators paint lower lows or vice versa. Simply put, divergence is when price direction contradicts indicator direction, creating a noticeable conflicting pattern.
A bullish divergence occurs when the RSI displays an oversold reading followed by a higher low that appears with lower lows in the price. This may indicate rising bullish momentum, and a break above oversold territory could be used to trigger a new long position.The bearish is opposite to it
AVAX time to take SS ? Long !!Hello traders i hope you are doing well its my 4th analysis on AVAX
we are having strong trendline liquidity once we have breakout we will target SS which means sellers Short they have pending liqudity to the upside
we are on 4hr OB and demand zone
on breakout you can open long
#avax #avalanche something like this? #avax is forming a bearish Shoulder Head Shoulder (SHS) pattern and i showed the probable retrace and bounce zone on the chart. If markets make sudden rally , the scenario will be invalidated.
NOT FINANCIAL ADVICE. Always trade with your own strategy, not mine and not anyone else' s.
AVAX - Rain Ahead 🌧️; 24-Hour Bearish Trend Cloudy and rainy trading conditions 🌧️ loom for the global crypto market in the next 24 hours, forecasting a bearish market with downside risk. Avalanche and Polkadot encounter extremely bearish conditions, hinting at an impending rebound.
Over a one-week horizon, the ☁️ cloudy trading conditions persist. However, Bitcoin, Cardano, and Chainlink glimpse a bit of bullish ☀️, suggesting a potential slight rebound.
Follow us for more crypto weather reports!
AVAXUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry zone: 8 - 6.5$
Targets: 12 - 16 - 22
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
AVAX Bullish Cup and Handle 🚀🚀🚀Bouncing Back:
AVAX recently faced a formidable resistance zone that tested its mettle. However, instead of succumbing to the pressure, it resiliently rebounded, signaling strong buying interest in the market. 📊
The Cup and Handle Formation:
What's catching the attention of traders and analysts is the unmistakable Cup and Handle pattern taking shape. This pattern typically consists of a rounded bottom (the cup) followed by a consolidation period (the handle) before a potential breakout. In this case, it's a bullish signal. 🏆🚀
Why It Matters:
Cup and Handle patterns are often seen as bullish continuation patterns. The breakout from the handle portion indicates a potential price surge, making it an enticing prospect for traders and investors. 📈
Trading Strategy:
Confirmation: While the pattern looks promising, it's vital to wait for a clear breakout from the handle before considering entry positions.
Risk Management: Use risk management strategies, like setting stop-loss orders, to safeguard your investments.
Fundamental Analysis: Keep an eye on AVAX's fundamentals and any news that could impact its price.
Conclusion:
The crypto market is full of opportunities, and AVAX's Cup and Handle pattern is one of the compelling stories unfolding right now. However, it's essential to approach trading with diligence and caution.
The bullish signal provided by this pattern can be exciting, but remember that markets can be unpredictable. Stay informed, stay patient, and adapt your strategy as needed.
As the saying goes, "fortune favors the bold," so seize the opportunity but do so wisely.
❗️Get my 3 crypto trading indicators for FREE! Link below🔑
AVAX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this AVAX/USDT 1DAY chart update by CRYPTOSANDERS.
CHART ANALYSIS:-Avalanche (AVAX) was a big mover on Friday, as the cryptocurrency rose by as much as 7% during the day.
Following a low of 9.85 on Thursday, AVAX/USD rose to a peak of 10.80 earlier in today’s session.
The move pushed the avalanche to its highest level since August 29, past a key price ceiling of 10.00 in the process.
the relative strength index (RSI) also escaped a resistance level of its own at 65.00.
price strength now resides at 68.54, which is its highest point since mid-April this year.
The next target for current buyers will likely be 11.00, however with the price now overbought, a reversal could also be on the cards.
This is not a piece of financial advice.
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