Get started

AVAXUSDT

AVAXUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for AVAXUSDT Based on our last prediction on July 24, we had a short position and we expected a falling trend and now this has happened and all our targets are hit. In the present chart, we have R2 an R1 as our resistance lines which show the unsuccessful attempts of the price to rise. And S1 and S2 are the support lines that include the support of the price at some points. Here you see that the price is fluctuating below R1 and we believe it will fall to S1 and then face a rise to R1. Be careful here. This falling trend may be a failure in break and the price is able to rise upward again. So we suggest you to activate your stop-loss in order to have less risky trades and less loss. Even note that R1 is considered a good area for saving profits. Then the price is able to fix itself at R1 and give us some confirmation candles to face more rise to R2. Even it may happen that the price loses the support and start a decline by reaching at R1. 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
8
AVAX- Same Support (and off to 27.65 finally?)Markets opening and after a very bad weekend the market could be attempting a rebound. Weekend failure could mean Retail Buying power starts to be thin. Crypto industry could be braced for institutional buying after the weekend meltdown. Indices in Europe are in the Green today: Germany, France, England are higher today after EU opening hours while the Italian FTSE is up over 1%! US markets opening will dictate the pace, there is no magic here just common sense. Technical Analysis: Price failed to rise over 24300 and ended up back in the ascending channel . 22450 is the Mid-channel Support and it could potentially be a great price to attempt Long positions again. If that levels fail then BTC could be off to 20650. FRIDAY: Far away but keep in mind Employment data in the US will be the Major Fundamental event this week. GDP last week was 'painted' green despite it was Red and now it's up to Friday's NFP to see which color then next Big candles will be (in the markets as well as in crypto). One Love, the FXPROFESSOR
Long
by FX_Professor
6
Avalanche (AVAX) - July 27Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (AVAXUSDT 1W Chart) The key is to find support in the 19.79-23.96 zone and move higher than 32.23. If it falls below 19.79 and finds resistance, then it is likely to drop below 13.47, so trade cautiously. (1D chart) Primary resistance: 30.32-32.23 Secondary resistance: 43.66 1st support: 19.79-23.96 2nd support: 13.47-16.56 - The RSI indicator is falling out of the overbought zone. - The Stoch RSI indicator is located in the oversold zone. So, if you find support near 19.79 when you break out of the oversold zone, you would expect a short-term uptrend. However, it may temporarily touch the 19.79 area and move higher, so you need to trade cautiously. - In the CCI-C indicator, if the CCI line is maintained above the EMA line, it is likely to show an upward trend. Therefore, it is necessary to ensure that the CCI line remains above the EMA line. ------------------------------------------------------------ ------------------------------------------- ** 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 the sake of 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.) ---------------------------------
by readCrypto
1
AVAXUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for AVAXUSDT At the current chart, we have R1 as our resistance line and the unsuccessful attempts of the price to rise is obvious. And S1 and S2 are the support areas in which the support of the price at some points is clear. At the present, you see that the price is fluctuating in an ascending channel and we believe it will rise a bit and there, we consider our short position and then we predict a falling trend for the price to S1. In case the price moves above R1 and fixes there, then more rise is waiting for it. 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
Short
by MarsSignals