AVAXUSDT
AVAX flat personality!If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Its got some Elliott wave flat characteristic, but have to wait for the C wave to know for sure... Flats usually happen after or before extended waves so would be an nice pattern to trade, if it plays out.
Cheers!
AVAXUSDT 1HAVAXUSDT 1H
SUPPORTS 18.82 / 18.55
RESISTANCES 19.31 / 20.00
RSI Exhaustion of purchasing forces
MACD: Optimistic
AVAX climbed to the psychological resistance of HKEX:20 and experienced a rejection tonight, returning to levels below that resistance.
On-chain data reveals intense developer activity and growing demand, so I believe that in the next few hours AVAX will go back above psychological resistance and head towards 28, which is my target for the month of April
Volatility Period: April 19-21Hello?
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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
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(AVAXBTC 1W Chart)
The question is whether it can rise above 0.0009 187.
If not, we need to see if it finds support around 0.0006 306 and breaks out of the downtrend line.
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(AVAXUSDT chart)
During the volatility period around April 20 (April 19-21), it is necessary to check whether it can show a move out of the 19.16-23.96 zone.
If not, it should be sideways in the 19.16-23.96 zone to confirm the next volatility period around the 15th of May.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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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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Coinlion Trend Trader indicator tells me
- When to enter short or long
- When to exit and take profit :-)
IF YOU WANT we can give you the link to our free indicators :
- Stop Loss indicator
- Liquidity Support and Resistance Indicator
- Buy and Sell signal
- Automatic Fibonacci Levels with Higher and Lower Lows
Let us know
Thank you.
✴️ 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.