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AVAXUSDT

AVAX TREND UNDER THREAT?AVAX 1D: Bearish flag brewing as illustrated between the white regression lines. Also note the declining volume against rising price as shown along the bottom of the chart. Strong price architecture is built on a solid volume foundation. That foundation looks to be waning. A downside breach of the 24.17 level, which is (-2 ) standard deviations off the linear mean, would potentially put the recent upward trend under threat. The RSI has touched the overbought level at the top end of its range on the 1 day time frame and begun trending downward. Trips over 70 on larger timeframes such as the 1 day chart are significant indications of a rally potentially coming to its end. Stay nimble out there.
BINANCE:AVAXUSD
by Firewalker_Charts
AVAX rise by 123%🔥 Will the party continue❓Hi friends! Avalanche is already rise by 123% from it`s bottom. By the way BTC made +40%. Now the price is inside the wedge and ready to break up from one side. But AVAX need to make a pullback to cool down. This is a chance to open a long for us. If the price fall to the closest value area it should become the support. The second support is lower boundary of the wedge. These two layers can stop the fall and let the alt to cool down before the growth to the new targets. 📊 Preconditions to open a long: 1. local pullback to the $23-25.5 value area and lower border of the wedge 2. volume growth which confirms the big players pressence 3. BIG ORDERS by the whales on DOM and Footprint. If the big orders apear it`s a big chance to the AVAX to continue it`s growth because the whales won`t let the price to fall. 4. bullish BTC 📊 The targets are a key levels: 🔥 $40 - closest resistance 🔥 $50 - even number 🔥 $70 - local high 💻Friends, press the "like"👍 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
5
AVAXUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for AVAXUSDT As we analyzed on August 2, we predicted a rising trend and now one of our targets is hit. In this chart, we have R1 as a resistance line that shows the disability of the price to rise. S2 used to be a resistance line and S1 and S3 are our support lines that include the support of the price at several points since the past. Here we have the price fluctuating over S1 and we expect it will rise to R1 to S1 and there by giving us some confirmation candles, it will face more rise to higher amounts above R1. Also it is possible for the price to lose the support when it reaches R1 and start a decline to S1. Note that R1 is considered a good area for saving profits. 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
Avax Short - Taking liquidity from bulls Reasons to take Short: ⭐️ BTC 100 ATR ⭐️ We coudn't update high ⭐️ Trendline is clearly seen on daily timeframe ⭐️ Had false breakdown ⭐️ 50 ATR ⭐️ Under VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
Short
by Artem_Dishel
10
Avalanche: bullish outlookThe market remains in the uptrend on the Daily timeframe. Another resistance with the borders of $24.38 – $25.76 was broken on August 6. Now we see the beginning of the correction wave after the bullish impulse formation, but the trend is still bullish on the Daily price chart. A pullback buying opportunity will appear after the correction completion on the Daily timeframe. The high of the yesterday’s candle may be an intermediate target when the upward movement continues. If the upward movement develops, the next target will be around the resistance formed on May 13 – 18. This is the price range of $36.54 – $38.38 . Long positions will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of August 1 – 4 . The borders of this support are $21.96 – $22.69.
Long
by JIexa1701