AVAXUSDT
AVAXUSDT 1HAVAXUSDT 1H
It continues in an upward trend, giving a show in the graphic analysis! Circulating above MM200 demonstrates clear buyer dominance, plus AVALANCHE has launched a new subnet system called “Evergreen Subnets” which is made specifically for financial institutions. Evergreen subnets will provide blockchain solutions, tools and other services to these big financial players, which will further fuel their rise.
Here are the supports and resistances:
Supports 21.01 / 20.61
Resistances: 21.65 / 22.00
RSI : Seller
MACD: Buyer
MM200: 19.24
EMAS : Pointed upwards, the asset generally follows the movement of the EMAS
AVAX 20% profit. 100% more to come !#AVAX / USD Update:
AVAX is currently trading at $20.54
According to Coinlion Trend Trader Indicator, AVAX is currently bullish.
We entered AVAX at $17.16 (03/31/2023) and already took some profits the days (14.15.16.17 of march) Exit 50% of our position (20% profit)
AVAX has crossed the descending channel that we have since 08/14/2022 and if the support and 200EMA holds at $19.17 we might see a huge performance.
Next target : $42.25
What do you think ?
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- When to exit and take profit :-)
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- Liquidity Support and Resistance Indicator
- Buy and Sell signal
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✴️ AVAX 5X But Why Not More? (Beyond 500% Potential)I shared a new trade signal for AVAXUSDT and went with 5X, why not more?
Back in December and January, we do 10X easy because we can clearly see a bottom pattern and the initial breakout taking place.
In March we can clearly see correction ending but things can change.
Since the pair is already moving, since we are no longer near support/multi-year low, we reduce the risk and that's why 5X and no more.
People can always increase or reduce the leverage as they see fit.
You can always use more collateral and so on...
Leveraged trading is for experts only, there is high risk involved.
High risk with a very high potential for reward.
We are live on this pair and Matic 5X as well.
This is not financial advice.
See you at the TOP!
Namaste.
AVAX USDT | Perfect risk / reward ratio!#AVAX/USDT
🟢Entry price: from 17.47 to 16.6
🟢 or you can trade the breakout of 17.5 for more safe entry
🟢 Also, waiting for a confirmation of breakout by closing the current weekly candle above 17.44 will be perfect!
🎯Targets:
|> 20
|> 23
|> 28
🔴Stop-loss: Weekly candle closes under 16.6
➡️Recommended risk: 0.25%
➡️Recommended Position Size for entry point #1: 2.5%
➡️Recommended Position Size for entry point #2: 5%
AVAXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for AVAXUSDT
R1 on the top of this chart is our resistance area that includes the disability of the price to rise. S1 and S2 used to be resistance areas. And we have S3 that is a long-term support area with its support of price at different points since the past. Thus, we see the price moved over S1 when it was supported at S2 area and now we see its fluctuation above S1. We believe when the price is supported at S2 after its decline to this point and then by providing us some confirmation candles for the purpose of a rise, an increase will happen to it to reach R1 or by more fixation over there, more rise is expected then. But by the time the price loses the support and is rejected at any points especially at R1, or even by falling below S1, clearly it faces more decline down to lower amounts. Bear in mind that you should check everything before putting your trade orders and then wait for a proper time to have your next action. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
AVAX- Breakout to TOP-10 ?? 🔝🔟Well, chart says the breakout scenario could be in play and AVAX is in the top-15 at the moment.
Top-10 will be difficult but potential for 12-13 is in play.
In any case we have a nice set-up for a trade as 19,12 is support.
23$ - 27$ and 40$ are targets for taking profit.
News:
Avalanche Surges to 6-Month High in Daily Active Addresses
The spike coincided with a bevy of financial institutions joining Avalanche’s Evergreen subnet “Spruce.”
Avalanche’s daily active addresses hit nearly 80,000 on April 12. Its daily active user base grew 85% in the past 90 days, making it one of fastest-growing protocols, ahead of BNB Chain, Tron, Ethereum, Aptos and Bitcoin. Only four protocols grew faster, per Artemis: StarkNet, Arbitrum, Stacks and Canto.
The high-water mark coincided with Avalanche’s April 12 partnership with a bevy of financial institutions that will contribute to its network infrastructure, signaling traditional finance companies’ increased interest in the Avalanche ecosystem.
One Love,
The FXPROFESSOR
AVAX three taps clearPrice since June 2022 is in a drawn range and will see some consolidation in certain areas. Based on the price movement, now BINANCE:AVAXUSD has touched three taps on the marked section and could re-test the previous resistance.
This is an overview of what will be my trading plan to take partial profits, namely:
TP1: $19.61
TP2: $22.26
TP3: $25.63
and change each TP to SL+
note: this is not a solicitation of investment, all risks are borne by each only expressing opinions and personal opinions
AVAX BUILD UP BREAKOUT!KUCOIN:AVAXUSDT
AVAX price action is squeezing for an imminent move following Bitcoin.
Read my post about Bitcoin earlier today.
Possible upside 20% and if Bitcoin rejects look for shorts to structure.
Higher Lows back into neckline, looking like a possible build up to break out.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
AVAX - Road to 2024Typical bear market trend structure so far, keep printing LL - LH - LL - LH.
It looks like we are to print another LL.
I started DCAing BUT my bags are small as usual since it’s just the the first week of 50 week of accumulation for me.
IMO we are gonna start 2023 with a bear market rally and print the LH.
Winter is long, bags are small, bags will get heavier with time.
AVAXUSDT - in the hope of rapid growthHello everyone. A week ago, there was an idea for AVAXUSDT, where we approached the level and fought off the trend. So, they strayed from the trend line, but it didn't work out to take the level. And so they went to a new circle. Now there is no place left where the price could go, so the level should already be broken. The goal of the movement remains the same - 20. In general, the positive trend remains for coins, so we are waiting for growth. Stop over the line at 17.18.