AVAXUSDT
AVAX- Loading Up New Bags TodayI see support and even if the market dips lower there will be another one at 9.32.
This calls for re-entry here.
My regards to Gabriel..a very special friend and big AVAX fanatic... I guess i was right: taking profit is half the success, one can always buy back in later... (lesson learned)
One Love,
the FXPROFESSOR
AVAX/USDT Technical Analysis Price RoadMap#AVAX/USDT Technical RoadMap:-
$AVAX Currently trading at $15
And Now Trading at Support level.
I am expecting Bounce from here and $AVAX May test $28-$30 again.
Currently -90% Down From All Time High.
All Time High Price was = $147
Current Price = $15
Green Zone is Demand zone for Accumulation.
I am expecting 80%-120% bounced from here.
But Keep an mind another scenario also:-
If Price break High Demand zone then It will free fall till $3
And If Price Hit $3 then Don’t miss to buy For huge Profit.
High Demand Zone :- $10-$12
Resistance:- $30
AVAX Avalanche: Monthly ChartHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Avalanche ( AVAXUSDT ).
The chart is self-explanatory. With the crypto market going through a correction, AVAX may still have downside to go. See where I believe there may be strong support and possible bottom.
Included in the chart: Trend line, Support and Resistance Lines, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
AVAX/USDT BUYING SETUP (SCALPING)Buying #AVAX/USDT (SCALPING)
$AVAX Retesting on resistance become support after breakout double bottom at 1h timeframe
at 1D timeframe avax rejection two times after hit target down fibonacci 1.618 ( black line ) , RSI showing bullish divergence and Oversold
Buy zone : 16.45 - 16
Target : 17.29 - 18.25 - 19.23 - 20.62 - 22.58
Stop : 15.6
$AVAX still to go lower?personally i was aiting for it go 11$ when btc goes 20k but btcD started dumping and avax didn't reach. As accumulation zone might start from 10$ but personally i want near 1-4$ first and then lower. it feels unrealistic but this is the bear market where 99% coin will go too zero.
AVAX finds support at $18, can the bulls defend the level?The Avalanche price analysis shows that AVAX has finally found support at the $18.00 mark, which has caused significant bearish pressure to subside. However, it is unlikely that the asset would show a sharp recovery since the trading activity remains low across the short term.
The broader cryptocurrency market observed a bearish market sentiment over the last 24-hours as most major cryptocurrencies record negative price movements. Major players include BNB and ETH observing an 8.99 and an 8.04 percent decline, respectively.
The MACD is currently bearish, as expressed in the red color of the histogram. Moreover, the indicator shows strong bearish momentum as observed in the high depth of the histogram. Furthermore, the indicator’s lighter shade suggests an increasing bearish momentum as the price action finds support around the $18.00 mark.
The EMAs are currently trading below the mean position as net price movement over the last five days remains negative. However, as the AVAX market turned sharply bearish, the EMAs have started moving downwards, with the 12-EMA taking the lead. At press time, the 12-EMA is diverging sharply from the 26-EMA as selling activity increased in recent hours.
The RSI was trading in the neutral zone since 30 May as the price volatility for Avalanche dwindled across the short-term charts. However, yesterday the indicator dived into the oversold region as. The indicator is currently moving upwards as the price action finds support at the $18.00 mark. However, strong bearish pressure still weighs on AVAX markets.
The Bollinger Bands were narrow until June 10 but then exhibited sharp divergence as the price action observed sharp volatility. Currently, the indicator is still expanding to facilitate the sharp bearish activity. At press time, the lower limit provides support at the $18.02 mark while the mean line presents resistance at the $22.32 mark.
When AVAX cryptocurrency do it x2 growth ?Today, on the global chart AVAXusdt, consider how this trading pair endured another sharp fall in May.
To begin with, let's take a look at our previous global idea for a pair of AVAXusd, which we did exactly 3 months ago.
At that time, we made an approximation with longs buy zones
As it turned out 3 months later, our most pessimistic $40-45 purchase zone at the top of the red liquidity zone was not the bottom of the decline.
Fall lows are recorded at around $23, at the bottom of liquidity zone, in which a year ago for a long time decided who is stronger: buyers or sellers.
Keeping buyers in the coming days of the AVAX price above the mark of $30 will be a good signal to go to the long.
The purpose of fixing longs in the up liquidity zone is $64-81
If the price of the Avalanche token is fixed below $26 , it will most likely coincide with continue the global decline in the cryptocurrency market. In this situation, it is necessary to place "buckets" for the purchase of AVAXUSDT near 14 dollars.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
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avalanchesome nice bullish divergence on avalanche, daily timeframe.
falling wedge, indicative of a reversal in the near future.
it might just be a bear market rally, before continued downside - so exercise proper risk management if you play anything in the land of crypto.
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take profit targets are on the charts, it likely will only get to the first or second, but it can technically go all the way if the market condition allows for it to happen.