15% Short Trade Set Up!Since support failed we can see a back-test of the S/R line happened and it is now looking like a short position will be best in the short term. Stop above the S/R line. Targeting $17 then $16.
Every day the charts provide new information. You have to adjust or get REKT.
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Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
AVAXUSDT
Avalanche Starts To Move (160% Trade Signal Inside)Yesterday we shared the numbers for AVAXUSDT (Avalanche), let's look at some of the signals today.
We can notice first a strong divergence with the RSI.
AVAXUSDT hit a low 12-May followed by a lower low 19-June.
The RSI instead bottomed 12-May and was followed by a higher low, diverging from the trading pair.
We can see a bullish cross between EMA10 and EMA21.
Trading volume has been increasing lately, near support, which signals buying activity.
Hold on... Here is the trade signal...
Avalanche Trade Signal (160%+ Potential Target)
Thank you for reading my friend.
I am really wishing you tons of success.
Namaste.
#Avax / #USDT : Analysishello? Traders, welcome.
Notes related to this analysis :
- In this chart, the price is in the supply Zone
-The strength of the upward trend has weakened
-There is also a negative divergence in the Macdi histogram
- About that detrend line :
If we consider the red trend line for trading
The trendline is broken and its pullback is done and we can enter the trade
But if we consider the blue trendline, you should wait until it breaks and then enter the trade
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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 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
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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!.
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Notice in the chart
We have a good support zone
In addition to that
The downtrend line has been broken