AVAXUSDT
Avalanche Sits at the 0.886 Retrace Awaiting Potential BidsWe are at the 88.6% Fibonacci Retracement and showing Moderate amounts of Bullish Divergence on the RSI if we can catch a Standard Correction of the Downtrend we could see it pump back up to the 200 Day Moving Average which is Currently near the next possible resistance zone above if we were to rally from here.
Avalanche (AVAX) - June 26hello?
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(AVAXUSDT 1W Chart)
Below 32.23 is likely to be a mid- to long-term investment area.
So, whether it can move higher than 32.23 is crucial.
(1D chart)
Resistance: around 32.23
Support: 13.47-16.55
It is necessary to check whether there is any movement that deviates from the section 16.55-23.96.
If it moves above 23.96 and finds support, I expect it to turn into an uptrend in the short-term and medium-term.
However, it is expected that it will lead to further upside only when it rises above 32.23 and needs to be supported.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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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AVAX- Can Be in the TOP-10 🔝🔟🎩Avalanche Bridge Launches Native Bitcoin Support; www.coindesk.com
The AVAX token is beginning to gain some upside momentum despite a drop-off in DeFi activity.
Smart contracts platform Avalanche added support for native bitcoin (BTC) in its cross-chain bridge, according to a blog post.
The network's native token, AVAX, surged 7.4%, outperforming bitcoin and ether (ETH), which are up 0.64% and 2.34%, respectively.
The addition allows users to bridge native bitcoin and gain exposure to Avalanche's DeFi ecosystem by using the newly launched 'Core' wallet.
The BTC pool on AVAX-based decentralized finance (DeFi) protocol Platypus has $11.7 million in total value locked (TVL) and offers yields of between 23.72% and 62.84%.
A BTC.b to AVAX pool has also opened up on rival platform TraderJoe with yields of 17.5%.
The Avalanche bridge launched last August, supporting transfers of ERC20 tokens between the Ethereum and Avalanche networks.
There is currently $2.68 billion in TVL across the Avalanche ecosystem, according to DefiLlama, which marks an $11 billion drop from December as the DeFi sector recedes amid concerns over lending protocols.
AVAX could be the next Breakout.
One Love,
the FXPROFESSOR
The first wave is done at 18.5, what nextOn 2H TF
BINANCE:AVAXUSDT has completed the first impulse wave at 18.5 and moving up to 23, right now.
Avalanche needs to test at 18.15 before rally. That level for catching with stoploss below 16.9
Besides, AVAX's a resistance based on trend line at 21.6
What next, wait and see
AVAXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for AVAXUSDT
Here we have R1 as our long-term resistance line and shows the price was unable to mover over it. S1 and S2 are support lines and include the well support of the price at some points. R3 and R2 areas used to be support areas. Now you see a reverse head and shoulders pattern in our chart and we believe the price will have a little fall and by a pull back to R1, it will complete the right shoulder. It is possible for the price to face a decline when it touches R1. Also if the price moves over R1 and is able to make good entrance candles, then we expect more rise for it toward R2 and above.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
AVAX - Failure to Rise is Bad newsFantom manged to rebound nicely, Matic managed to rebound nicely, most of our main slection managed to rebound nicely.
But AVAX has let us down...
Stuck between 14 and 18$, this is a rejection we do NOT like.
I would rather by higher at 19$, over resistance or lower at 14,5$ or even 9.32$ (what i call the ground zero price)
Let's see what happens... very sad for AVAX but patience always pays out.
One Love,
the FXPROFESSOR
AVAXUSDTI do not think that this move will succeed in breaking the long-term trend line.
I think we should change the trend from the $ 18.82 or $ 19.77 range and complete a price correction up to the $ 14.77 range.
I think the trend is still declining or if it is bullish we still do not have a stabilizing trend!
If the price can be above $ 20.7, there may be an uptrend in the short term.
AVAX - Big Wave 3! BIG GAINS 🚀AVAX is following the Elliott Wave Impulse schematic.
Wave 1 has given us a 5 wave impulse.
Wave 2 is showing us a 3 wave ABC correction - We are currently on Wave C of the correction
Wave 3 is the next wave we are expecting, which is often the biggest wave.
Wave 2 - ABC
A wave = 3 waves
B wave = 3 waves
C wave = Seeing a 5 wave move down (which follows the impulse schematic)
We are currently on the 5th wave of wave C. This 5th wave has 5 subwaves of which we are on the 4th subwave and expecting one more subwave lower before the big bullrun.
The bullish target can reach well above 200. Well above 3000% gains to be made.
Will update this chart once we see the last move lower!
AVAXUSDT🔥Hello traders 👋
Let's break down the AVAXUSDT chart
On the 4H timeframe, you can see a local countertrend line that the asset has been testing since the beginning of this month. To date, there was another test of the trend line and it could not be broken. What I think about this, the price is now moving along the trend and you can pick up the movement in SHORT.
💡Entry $16.70
🔝Take profit 14.77$
✖️Stop-loss $18.66
Stop-loss can be set not to the local zone and not much beyond the trend line, most often they remove the stops and tighten them back.
✅Don't forget to visit the channel there is a lot of useful information about trading.
✅Write your comments what you think about this coin.
Trading Signal For AVAXUSDT Avalanche Trading Setup:
A Trading Signal is seen in the AVAXUSDT Avalanche .
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 15.45
⭕️SL @ 13.25
🔵TP1 @ 21.30
🔵TP2 @ 31.50
🔵TP3 @ 42.70
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
AVALANCHE (AVAX) the last chance (bottom) and the range market Hello 🐋
Based on the chart, the price is close to the channel support and the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️
if
the price breaks the resistance area to the upside, we will see more gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more pump 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
#AVAX, bearish wave will be kept.#AVAX/USDT 3Day Candle
#AVAX is one of the hyped coin in 2020 ~ 2021 bullish wave.
It's returning its gain, and price is lean towards to weekly support levels, $9 ~ 10 and $4 ~ $5.
There are imbalance zone at the $4 ~ $9, price will tends to fill this imbalance zone.
As bullish wave was kept long time bearish wave has to be long.
This bearish wave can be ended when price reaches $3 ~ $4 weekly support and fills the imbalance zone.
AVAX- At crucial supportCryptos in distress, BTC under 20k and Ethereum under 1,000$ but AVAX shows support at 14,52$
Technically is a great option to attempt to buy the scary dip.
Then again below this level one would need to get out because the next support is far away at 9.32$
One Love,
the FXPROFESSOR