AVAXUSDT
AVAX Signal with Inverse Head and Shoulders and Targets📉 AVAX (AVAX) Buy Signal with Inverse Head and Shoulders Pattern and Elliott Wave Analysis – Identifying Entry Points with Attractive Price Targets
Hello, dear traders! Technical analysis shows that an inverse head and shoulders pattern has formed on the weekly AVAX (AVAX) chart. If the neckline at $31 is broken, it could confirm the start of Wave 3 of 5 in Elliott Waves, signaling a powerful upward move.
🕰 Previous Wave Movements of AVAX:
Wave 1: AVAX started its rise from $8.5 in September 2023 and reached $69 in March 2024.
Wave 2 (Correction): The price then corrected to $16.5, completing the Wave 2 of 5 Elliott Wave, ending around July 2024.
Wave 3 Start: Now, with the breakout of the inverse head and shoulders pattern, we expect the third wave to begin with strong bullish targets.
🎯 Entry Strategy and Targets: ✅ Entry Point: After breaking the $31 level
🚀 Target 1: $130 (about 300% profit)
🚀 Target 2: $450 (about 1300% profit)
📌 Note: Always focus on proper risk management and planning. Best of luck and happy trading, dear friends!
AVAX vs BTC | ALTCOINS | Life Changing IF This Pattern Plays OutFractals have been used for years as possible suggestions to map how money moves in the financial market.
This is what gives them significance; they draw out a sort of map. The hard part about fractals though, is that they often appear cross markets and it is no easy feat to spot similarities on large scale. However, to the seasoned eye, fractal-spotting becomes easier over time.
There is a misconception that fractals can only be used in the same timeframe. This is simply because, as with Bitcoin, there is a large history of candles (data) that plays out in an elaborate pattern. Daily candlestick patterns become lost in weekly patterns, even though the general direction / macro is the same.
In the case for AVAX, a similar pattern has been observed in BTC before the COVID pandemic - and it has been playout out perfectly, so far.
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BINANCE:BTCUSDT
COINBASE:BTCUSD
BINANCE:AVAXUSDT
The key is whether it can rise after forming a short-term bottom
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(AVAXUSDT.P 1D chart)
An arrow appears for the BW (0) indicator.
Accordingly, it can be interpreted that the possibility of forming a bottom section has increased.
Looking at the previous past movements, we can see that there is a possibility of an additional downtrend.
Therefore, the key point is whether there is support around 19.527-21.409.
When the BW (0) line is formed, the point to watch is whether it can receive support around that area and rise above 27287-29.277.
If you look at the big picture, you can see how important the current section is.
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Have a good time.
Thank you.
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- Big picture
The real uptrend is expected to start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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$AVAXUSDT: Bullish Breakout Ahead!CRYPTOCAP:AVAX has broken out of a long-term downtrend channel and is now forming a symmetrical triangle. With exciting news like the Avalanche CRYPTOCAP:AVAX Visa Card launch for crypto payments, we’re expecting a breakout from this triangle that could lead to a significant upward move. Overall, the outlook is bullish—let's see where it goes!
BINANCE:AVAXUSDT Currently trading at $27.6
Buy level: Above $27.5
Stop loss: Below $23.5
TP1: $30
TP2: $35
TP3: $40
TP4: $50
TP5: $65
Max Leverage 3x
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ALTCOINS Q4 2024 | Ideal Entries | GOOD BUYSHere's an updated list of 10 altcoins that have good chart setups and longer term prospects.
Note that for some, you may have to dollar-cost-average (buy little bits on the way down).
1) NEARUSDT
2) TAOUSDT
3) LTCUSDT
4) TIAUSDT
5) FTMUSDT
6) GRTUSDT
7) AVAXUSDT
8) INJUSDT
9) AAVEUSDT
10) SOLANA / SOLUSDT
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Just before turning into an uptrend
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(AVAXUSDT 1M chart)
The key is whether the price can be maintained above 21.39 and rise.
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(1W chart)
The key is whether it can be supported above 27.29, in the box area of the HA-High indicator (29.24-54.14), and rise above 45.36.
If the price stays above the M-Signal indicator on the 1M chart, there is a possibility that it will turn into an uptrend.
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(1D chart)
The key is whether it can rise after receiving support around 27.29-28.64.
However, since the StochRSI indicator has entered the overbought zone, we need to look at where it will receive support when it falls from the overbought zone.
If it falls below 27.29,
1st: 24.8
2nd: 21.39
We need to check whether there is support around the 1st and 2nd above.
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AVAX is just now showing a movement to turn into an uptrend.
Accordingly, the 28.64-31.75 zone can be considered a buy zone.
If you bought in the 28.64-31.75 range, the BW (100) line is the time for a split sell.
If the price rises a little more, the BW (100) line is likely to be created, so the first split trading point may be close.
If the price stays above the BW (100) line or the HA-HIgh indicator, a stepwise uptrend is likely to begin.
-
Have a good time.
Thank you.
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- Big picture
A full-scale uptrend is expected to begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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$AVAX Retracing October 12, 2024 1:42 pm ESTAvalanche is retracing back to the Golden Zone (50% to 61%) and we will look for a healthy bounce midweek, most likely this upcoming thursday to look for a long position. If you are going to bet against the market and place a short position keep your stop losses tight.
Come Mid week, get ready for the bounce around an estimated price of 26.71.
Take care and have a great rest of your weekend.
- Rico
SasanSeifi| Are We Headed for $35/$40 !??Hey there, ✌ BINANCE:AVAXUSDT In the daily timeframe, we've witnessed a persistent downward trend for more than four months. Recently, the price corrected and has now entered a phase of positive volatility around the $20 level. After breaking the downtrend line, it successfully reached the critical $30 threshold, indicating significant growth.
At present, after testing the $30 resistance, the price has retraced and is trading around $26. It's vital to maintain support levels between $25 and $20 for a continued upward trajectory.
Looking forward, if we can hold these support zones and the price stabilizes above the 200 EMA and the $30 level, we could target a move towards $35 and potentially reach the $40 order block.
For a better grasp of future price movements, it’s essential to monitor how the price reacts. Should the price fail to hold above these critical support levels and dips below the demand zone, we may see further corrections down to $15, $13.50, and $10.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
AVAX ANALYSIS🔮 #AVAX Analysis
💲💲 As we can see that there is a formation of small descending channel in #AVAX. We would see few more bearish move and then a pullback.
💸Current Price -- $25.53
📈Target Price -- $29.00
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#AVAX #Cryptocurrency #Breakout #DYOR
Long AVAXTraders,
Though the indicator is weak having not received full confirmation at the time of this post, I have chosen to go long AVAX once again. AVAX is one of my favorite alts and from the chart we can see that we have several good support underneath us.
First, there is that ascending trendline. Secondly, we have that VRVP PoC. And the third indicator is not seen on this chart. We have many coins flipping green today. Visit my weekly update for more on what I am seeing on a macro scale. I posted this update yesterday.
Again traders, keep in mind I am earlier in entry than I normally feel comfortable with on this trade. I really would like to see a strong cross of the MA on the RSI chart. Thus, entry risk is a bit higher. Trade accordingly.
Crypto in October is "UPTOBER" by OfficialPapaRicoThere was an imbalance on the 4-hour chart that also bounced right off the 61% level. This is a long-term trade and will hopefully break new highs within the next 6 months to 4 years.
This is not financial advice but I would highly invest in buying crypto and storing it in a cold wallet. CryptoBubbles.net is also a great platform to see the top 1000 coins to invest in. This is a great time to invest in at least 10 different coins.
Good luck guys and see you next year in 2025
- OfficialPapaRico
- October 6, 2024
AVAXUSDT | We might only see a breakout toward 2025In the short term, I am expecting AVAX to push up as it found support at the bottom of the rising channel it currently finds it self in. Looking at the RSI we can see that AVAX is about to breakout at the top of the range and could push the price up to 43.35 towards year-end however I am only seeing AVAX breaking out of the bigger triangle in 2025
Is AVAXUSDT About to Crash? Here's What You Need to Know!Yello, Paradisers! Are you keeping a close eye on AVAXUSDT? We’re seeing bearish signals that could indicate a major move down! 📉
💎Currently, AVAXUSDT is forming a classic Head and Shoulders pattern from a key resistance zone—a strong indication of a potential bearish reversal. 🧐 On top of that, we’ve spotted a Change of Character (CHoCH) confirming a bearish market structure, further tilting the probability to the downside.
💎But that’s not all. If AVAXUSDT pulls back and we see an Internal CHoCH (I-CHoCH) on the lower time frames, it will strengthen the bearish sentiment and signal an entry opportunity. In this scenario, the right shoulder could develop on the higher time frame.
💎Don’t forget, there’s a supportive trendline nearby that could cause some price reactions. Manage your positions carefully and don’t get caught in a false breakdown.
💎However, if the price shows strength, breaks above the resistance zone, and closes a candle above, it will invalidate our bearish outlook. In this case, it’s a clear no-trade zone until we see a decisive break in either direction.
🎖With the markets always throwing surprises, remember: Stay patient and wait for the highest probability setups. Discipline is key to consistent profitability.
MyCryptoParadise
iFeel the success🌴
AVAX Long Spot Position (Support Entry)Market Context: AVAX has retraced to a key support level between $23.00 and $25.50, offering a strategic entry point for a long trade as it shows potential for a bounce.
Trade Setup:
Entry: In the current $23.00 - $25.50 level of support.
Take Profit:
First target: $30.50 - $33.00
Second target: $39.00 - $41.50
Stop Loss: Just below $24.50.
This trade aims to leverage the support level for a potential upward movement, maintaining a favorable risk-reward ratio. #AVAX #SupportTrade
#AVAXUSDT #4h (Bybit) Ascending channel breakdownAvalanche lost 50MA acting as resistance now, seems to be heading towards 200MA support.
⚡️⚡️ #AVAX/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (7.0X)
Amount: 4.9%
Current Price:
28.095
Entry Targets:
1) 28.435
Take-Profit Targets:
1) 25.140
Stop Targets:
1) 30.085
Published By: @Zblaba
CRYPTOCAP:AVAX BYBIT:AVAXUSDT.P #Avalanche #Web3 avax.network
Risk/Reward= 1:2.0
Expected Profit= +81.1%
Possible Loss= -40.6%
Estimated Gaintime= 1 week
AVAX IMPULSE WAVE #AVAX #LONGTERM #MONTHLY
"On the monthly timeframe, the coin is bouncing off the main support at $20. I also believe that the monthly candle close will be an engulfing candle.
Main target: $100 to $250.
The $500 target is a major goal that may or may not happen under certain conditions and significant market news."
STOP LOSS : 17$
"The recommended holding period for the coin is 6 to 9 months."
AVAX scalp in H1📊 Analysis by AhmadArz:
🔍 Entry: Wait for a bullish confirmation around $26.80.
🛑 Stop Loss: Below $26.45.
🎯 Take Profit:
- TP1: $27.46 (Close 50% position)
- TP2: $28
- TP2: $28.88
- Re-entry: Consider around $25.00 for another position.
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