avax/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
The bottom for this coin is in. Wave (2) was around $8. We bottomed out here around $13. Well technically we can still go down to $9 and that would be the bottom, but that is cutting it real close. Going near there or if we go lower, this chart is invalid and the wave counts are off.
AVAXUSDT
AVAXUSDT 12h A possible AVAX price movement for the coming monthAlmost two months ago, we published a global idea for a trade pair of Avaxusdt
Then the AVAX price was in the middle of the liquidity zone $27-37, from where she headed on the red route and clearly reached the target - $14
I would like to believe that for a few weeks we're looking at how the Avaxusd price is ramming bottom and filling the big long position
The estimated possible movement of the Avaxusdt prices we depicted a blue route.
The first target for a medium-term trade +60% in the area of $29-31
In danger of Long positions will be if the price of Avalanche token will be consolidated below $15, below critical support
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
AVAX O'clock ?What time is it?
No watch but hey.. it looks like it could be AVAX o'clock
Despite this:
Bitgert fast-growing ecosystem means massive adoption, and this threatens Avalanche (AVAX)
Bitgert disruptive products and projects have the potential to challenge Avalanche’s dominance
Bitgert (BRISE) is among the crypto projects doing very well in the market right now. In fact, Bitgert tops among the crypto projects widely discussed in the crypto industry. This is because of the massive hype the Bitgert coin has created in the past few months.
Bitgert’S fast-growing ecosystem is one of the biggest reasons why even Avalanche (AVAX) holders are joining Bitgert. In fact, the fast-growing Bitgert ecosystem is increasingly becoming a concern to the Avalanche project. This is because Bitgert is slowly overtaking Avalanche’s dominance in the market.
My opinion: Avalanche will shine.. Top 16 today., Top-10 IN 2023
One Love,
the FXPROFESSOR
AVAXUSDT 6H TA: Support & ResistanceAccording to the chart, a suitable support range has been established in the range of $14. If this range is maintained and the resistance of the channel line is broken, the price will increase to $21 and $26. Otherwise, the price will decrease to the support range of $14.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
#AVAX / #USDT : Analysishello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day!.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Notice in the chart
We have a good support zone
In addition to that
The downtrend line has been broken
AVAXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for AVAXUSDT
As we predicted on June 22, we expected a rising trend for the price and now this has happened. In this chart, we have R2 and R1 areas which used to be our support areas. S1 used to be a resistance line and shows the disability of the price to rise. And S2 is another support line that expresses the well support of the price at some points. Here, the price is fluctuating below R1 and we expect it to fall to S1 and then by a pull back to R1, it will make two scenarios for us. Either it will rise to about $29 which we consider it a good point for saving profits. Or it will start a falling trend toward S1 and even below this line and surely will face more decline.
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
AVAXUSDT: Channeling Bearish, Further Bear Movement May Prevail?Hello Fellow Avalanche Coin Investor/Trader, Here's a Technical outlook of AVAXUSDT!
Support our content by smashing the like and follow button, you also can share your opinion in the comment section below.
AVAXUSDT is creating a Bearish Channeling. Furthermore, The MACD indicator has created a death cross, indicating potential bearish movement ahead.
All explanations are presented on the chart.
The roadmap will be invalid after reaching the target/resistance area .
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
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.