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AVAXUSDT

AVAXUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for AVAXUSDT There are R1 and R2 on the top of the chart which are resistance areas and both represent the unsuccessful triumphs of the price to rise at several points. And as you see, S1 is our long-term support area with the support of price even since the past. At the moment, we observe the fluctuation of price over S1 in a rising trend. Our expectation would include more fall for the price to reach S1 (as its past behavior). Here a double bottom pattern is formed and then via having some rising signs, the long position of the chart is activated and there would be more increase predicted for the price to reach higher amounts such as R1 and R2. R1 is a good point for saving your profits. It is so probable that the price loses the support at R1 and more decline would happen toward S1. Even by a fall below S1, more decline will be there for the price. It is crucial to consider the market situation in lower time frames and then decide what to do exactly; based on the multiple pieces of information which you would obtain from our analyses and updates. 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
Long
by MarsSignals
Long AVAX/USDT D1 (x2 potential)As you have noticed crypto market/altcoin market has gained a significant rise in price levels. Several alts have bounced +50-100% off the bottom. Some of them still have a decent room to grow. Avalanche (AVAX) is one of them imho. Taking into consideration: - legacy market conditions, FRS policy (inflation + rates) - overall state/cycle of crypto market on W1, we are pretty far from real bull cycle. Better call it local bull market (q1 2023 - maybe q2 2023) and a major correction to 1-year bear market of 2022. Anyway who cares if we see an opportunity to make and take (!!) some profit from it? FA: Firstly we need to focus only on alpha ideas/top alts/decent L-1 infra projects. AVAX, as a L-1 infra with over 1mln wallets suits this. TA: - after great sell off in May 22, there was a selling pressure absorption in the middle of June, 22 (see volume in orange circle). Low on D1 was printed just below $14. - this level was broken on November, but without further continuation - on Jan, 11 wide-spread green candle on big volume broke up the key level of $14 and got the price back in the range. That's when we need to look for "confirmation" - confirmation: DMA 200 was broken. Lower TF DMAs/EMAs are looking to cross DMA200 - since then the volume was building up (almost 3 weeks until now) Entry: 50% on current price level, 50% - 17.5-18 (200DMA retest). RSI indicates we have pretty high probability of correction to 18-19 level. Stop: DMA 200 is invalidated on D1 as a support. PoC is also sitting there... TP1: 37 (take a look at 30 also, maybe close 20-25% to reduce risk) TP2: 53 These are resistance levels on W1. Don't forget we are still in higher TF bear market. So, it's very important to babysit your positions and trade them accordingly. Better safe than sorry. p.s. I think the overall crypto trend will go pretty quickly to catch traders and then prices will print new lows in q2-q3 2023 p.p.s. you can find your own desirable alt based on FA (like alpha, kava, ctsi..) which have similar setups and trade them. Maybe it's a good idea to spread an amount across 2-3 diff alts. Just an opinion. But don't go full risk on all 3-4 alts or whatever number of proper setups would be found: altcoin correlation is almost 100%
Long
by SaltSugar
7
Loco and Avalanche (AVAXUSDT)Loco's launch of LegendsByLoco on #Avalanche is a significant move for both the streaming platform and the #crypto coin. Avalanche is a well-established #cryptocurrency with a growing user base, and the #partnership with #Loco will likely drive even more adoption. The launch of #LegendsByLoco on Avalanche is a significant development for Loco, as it allows users to participate in player-owned fantasy esports. This is a unique feature that sets Loco apart from other #streaming platforms, and it could help the company continue to dominate #India's streaming market. Furthermore, the partnership with Avalanche gives Loco access to a reliable and secure blockchain platform that can handle high transaction volumes. Avalanche's consensus mechanism is designed to support high throughput and fast confirmation times, making it an ideal choice for Loco's fantasy esports platform. Overall, Loco's partnership with Avalanche is a smart move that could help the company maintain its position as India's largest #video #game streaming #platform. With more than 50 million users and counting, Loco is well-positioned to take advantage of the growing interest in player-owned #fantasy #esports, and its partnership with Avalanche gives it a solid foundation on which to build. Target zone: $37,90 - $41.00
Long
by UnknownUnicorn285026
1
AVAXUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 25 - 28 - ~31 Main target zone: 29-35 after first target reached move ur stop to breakeven Stop: ~11 (depending of ur risk). ALWAYS follow ur RM. Risk/Reward: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
4
🔥OPEN A LONG WITH +85% POTENTIAL ON AVAX..BUT AFTER A PULLBACK🔥Hi, friends! Now we see that AVAX and BTC are looking bullish, but I expect one more pullback before the pump. This pullback needs to take long traders sl and trap the short traders. More in my new trading plan! 📊 MY TRADING PLAN FOR AVAX: 1. pullback to one of the value areas ($19.53-20.22 or $17-18) 2. volume growth on the pullback 3. bullish BTC 🚩 It's essential to see the huge buy orders of the whales on DOM and Footprint. I use these scalping tools to track the big guys on crypto market and make a profit with them ✅ MY TARGETS FOR AVAX: 🔥 $23 - the key level, local highs 🔥 $25 - the key level, even number 🔥 $36 - technical target according to bull pennant pattern I would like to see the pullback and make a nice profit! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
3
AVAXUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for AVAXUSDT R2 and R1 in this chart are our resistance areas and include the disability of the price to rise. And we have S1 and S2 that used to be resistance ares in the past. At the moment, we see the price faced an increase upward and then we have its fluctuation above S1 and below R1 areas. We believe it will have its rising trend continued toward R1 or even more via providing us some confirmation candles to rise and an increase would happen for the price toward higher amounts. Or possibly by not being supported, there would be a decline to lower amounts in case the price gives us some falling signs and a fall happens down to S1 or S2. . The point is that if you are looking for wise trades and less risky ones, our suggestion will be following our regular updates. 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
by MarsSignals
7