AVAXUSDT
Avalanche (AVAX) - August 20Hello?
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(AVAXUSDT 1W Chart)
The key is whether you can keep the price above 20.30.
(1D chart)
The key is whether it can move higher than 23.72.
Otherwise, it is expected to decline to the 15.44-20.30 section.
A move above 23.72 is expected to lead to an attempt to move above 30.03.
- The RSI indicator, the Stoch RSI indicator, and the CCI indicator are all in the oversold zone.
So, it's a good idea to check the movement until you start breaking out of the oversold zone.
- Aggressive buying is currently possible, but if you are unfamiliar with short-term trading, it is not recommended to challenge it.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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BITCOIN next Supports In the previous analysis, according to the bearish pattern, I warned of the market falling, that after the first target was broken, we are touching the second target in the area of $21,000, which, of course, we see the support of the market trend line. If this area is broken, we will see a sharp bearish behavior in the market and we will fall to the areas of $20100 and $19000.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
$AVAXUSDT Long SignalOne of a hidden gem, its going to explode in the next few weeks. Sitting in as a short term correction after which it will be making moves to the upper levels soon.
My setup is as follow:
Binance Futures Long (10X)
Entries
18.20 - 21.50
One time Entry
20 - 22.45
As a good trader always uses Stop Loss, for me i am setting a Stop Loss of 13.5 - 14.35 (trailing).
Please be careful with your investments.
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MetaFutures
AVAXHELLO GUYS THIS MY IDEA 💡ABOUT AVAX is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Buyers from this area will be defend this Long position..
and when the price come back to this area, strong Buyers will be push up the market again..
uptrend + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
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.
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.
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
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