AVAX Analysis: Correction before RocketingAVAX is about to undergo a correction before reaching higher levels, surpassing its previous ATH of $120 and potentially setting a new all-time high at $1,300 IMO.
AVAXUSDT
AVAX Analysis and Signal on 4HAVAX Analysis and Signal on 4H
🔵Entry Zone 35.00 - 35.96
🔴SL 33.48
🟢TP1 38.68
🟢TP2 41.42
🟢TP3 43.66
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AVAXUSDT Buy setup We have bullish signal on AVAX H1 chart. This time risk reward is 1:5, Price retested strong demand zone. On H1 candles bulls showed their power, normally this kind of bullish OrderBlocks makes good moves on the market. Good luck!
Avalanche Buy OpportunitySo far, I have profited 450%, 56% and 223% from Avalanche. I have already shared the profits I made in 2023 in my X report, and my followers have profited with me. I don't have any Avalanche at the moment. I am waiting for this moving average to pick up. If Avalanche falls below the moving average, I will wait for my Dip Finder indicator to turn green to buy. But if it is rejected from the moving average, I will buy and hold it until my indicator lights white. I will update this post again when I buy, so I recommend you to stay tuned.
AVAX - Big One? Hi, this is my new update for AVAX. As you see we are in a big range over 6 months now and I expect we are going to takeoff in the next couple of weeks.
In the picture above you see Ethereum in 2017 and it seems that we are going to try something similar to what Ethereum did.
Right now we are in the yellow circle and we are backtesting the trendline. If it holds then we are getting ready for 170% upside with the main target 95-100$.
We have still things to settle, like the RSI and the moving averages. The RSI is still bellow the trendline.
We have good support level around 28 -31$ and big resistance around 55-65$.
Good things take time, be patient.
AVAX/USDT upward momentum from descending resistance breakout? 💎 Paradisers! Keep a close watch on #AVAXUSDT as it shows strong indications of a bullish continuation following a breakout from its descending resistance.
💎 Reviewing recent movements, #Avalanche has effectively broken above its descending resistance and is now positioned for a rise starting from the demand level at $36.72. If it can maintain this momentum, we expect a vigorous advance toward higher levels, although some initial resistance might provoke a significant uptick.
💎 It’s crucial to consider that if the price struggles to maintain momentum at the current demand level, it could signal a softening of the bullish scenario. In such an event, we are prepared to capitalize on a bullish rebound from a lower support level at $35.11. The substantial liquidity at this level indicates that CRYPTOCAP:AVAX could mount a strong bullish recovery. Nonetheless, a breach below this demand level could lead to a notable decline in price.
MyCryptoParadise
iFeel the success🌴
AVAX LONG! Potential Swing Play to the upsideAVAX Long Position. on the 4-hour chart we see the wick is bouncing off of the 50 moving average. Confirmed the position with the Stock RSI indicator crossing over. Most Cryptos will be extremely Bullish Today. Also US30 stocks have a potential push as well, including Boeing.
It is possible we could see a huge wick to the downside so minimize your lot size for example, if you have a $10,000 account, minimize lot size to .10 lots on a 100:1 account.
place 2 x .05 lots.
STOP LOSS @ 35.15
TAKE PROFIT @ 40.53
ENTER NOW @ 37.14 or at US open for better entry.
AVAX/USDT It looks fake out, is need reclaim for back to upward!💎 Paradisers, #AVAX is indeed a coin worth monitoring closely.
💎 It has experienced a fakeout, indicating uncertainty in the market. This could lead to a potential test of the OB (Order Book) to gather liquidity before attempting to reclaim or break the resistance level for continued upward movement.
💎 However, if AVAX successfully reclaims the price above the resistance without testing the OB first, it may signal strong bullish momentum, potentially leading to a move towards the supply area around the $47 level.
💎 Breaking through the supply area is crucial to confirm a bullish trend reversal, indicating further upward movement for AVAX.
💎 Conversely, if AVAX fails to break through the supply area and experiences a strong rejection, the price may retreat and test the support level around $39.8, which previously acted as resistance.
💎 A concerning scenario would be if AVAX fails to bounce upon reaching the OB area, potentially leading to a breakdown and a move towards the key support level.
💎 In such a case, a bearish invalidation would occur if AVAX breaks below the key support level and the daily candle closes below it, signaling a continuation of the bearish movement with potential further downward momentum.
MyCryptoParadise
iFeel the success🌴
AVAX Analysis: Entry into Main Trend and Peak ExpectationAVAX is currently entering the main trend in the middle. If this is successful, I expect a strong peak after the second half of June. I want to highlight two important dates: June 21 and August 5.
As seen in the chart, AVAX is moving within a strong upward trend. Currently trading at 40.500, I foresee the possibility of AVAX moving towards the 148.000 levels. Closures above this level may indicate the continuation of the trend and pave the way for new peaks.
Key Levels to Watch:
June 21, 2024: I expect significant price movement on this date. It is likely that the trend entry will be confirmed and the upward momentum will gain speed.
August 5, 2024: During this period, a strong move towards the peak could occur.
If AVAX successfully enters this trend, we may see much higher levels in the remainder of the year. However, it is important to manage risks well and diversify your portfolio when investing.
Disclaimer:
This analysis is not intended as investment advice. You should make your investment decisions based on your own research. As cryptocurrency markets are highly volatile, always be cautious and prioritize risk management. The responsibility for investments made based on this analysis lies entirely with the investor.
Invest smart, stay safe.
Atilla Yurtseven
AVAX/USDT is about to do a Bearish movement!!!Hi.
COINEX:AVAXUSDT
Today, I want to analyze AVAX for you in a 3D time frame so that we can have a mid-term view of AVAX regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
AVAX reached the resistance but could not break it. Also, we have a bearish divergence on MACD and RSI that the price will soon decline.
✅ Due to the Descending structure of the chart...
- High potential areas are clear in the chart.
- DIVERGENCE ON MACD
- DIVERGENCE ON RSI
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
AVAX MVRV Detailed Analysis AVAX 1W MVRV and Price Analysis
Hi folks,
Let's take a look at some on-chain data.
What is MVRV (Market Value to Realized Value)?
MVRV is an on-chain indicator used to analyze the valuation of cryptocurrencies. It is a simple but powerful tool that shows investors how overvalued or undervalued a cryptocurrency is at the moment.
Simply 👇🏻
MVRV is below 1: This means that most investors are at a loss and can be interpreted as a potential buying opportunity.
MVRV is above 1: This means that investors are in profit and the price may be overheating.
However, when performing cyclical analysis of each instrument, we can see that different MVRV levels are critical. In instrument X, 1.15 may indicate that the price is overheating, while in instrument Y, 2.00 may indicate that the price is overheating.
Now let's examine AVAX with MVRV Data
In the bull rally we experienced in 2021, AVAX had risen from $5 to $150.
When we examined the MVRV, we witnessed that it had risen from 0.64 to 1.27 points.
When we examine AVAX historically, we can observe that the price overheats when the MVRV score exceeds 1.11 points. However, it should not be forgotten that we are making this examination on weekly data. Therefore, selling everything you have when the MVRV score exceeds 1.11 points will NOT help you maximize your profit in a bull run.
Instead, strategies can be created for gradual selling along with the MVRV score exceeding 1.11 in AVAX. It may be beneficial to do this in 5 or 10 steps. From now on, it is up to you.
Conclusion
In conclusion, by examining the MVRV score of an instrument, we can deduce that investors are at a loss if the price is below 1 (relatively cheap), and relatively profitable if it is above 1.
Historical examinations made specifically for the instrument help us to understand where the price of an instrument heats up based on the MVRV score. In this way, we can create a gradual selling strategy specific to the instrument.
When we look at AVAX, we can see that it offered selling opportunities after 1.11 points in the previous bull run. Following the 1.11 points closely can be beneficial for investors in this bull run.
Thank you for reading.
AVAXUSDT#AVAX CRYPTOCAP:AVAX has created a perfect masterpiece for us. Looking at the chart, a clear triple bottom formation is visible. I expect the scenario to unfold as shown in the chart.
AVAX: The Ultimate Crypto Showdown!Hey traders, get ready for the showdown of the century with AVAX!
In today's thrilling episode, AVAX is gearing up for an epic battle near the critical $33.755 support level. But hold onto your seats, because this isn't your average crypto saga!
As the tension mounts, AVAX faces off against formidable bearish threats, with $43.205 serving as the ultimate prize for the victor!
Will AVAX emerge triumphant, soaring towards $54.345 and beyond? Or will it face defeat, succumbing to a downward spiral towards $28.670 and beyond? The stakes are high, and the drama is real! Tune in to witness the ultimate crypto showdown unfold!
ALTCOINS that could x10 🚀 MANEKI, DGI, GAMEGPTThe trick with altcoins is trying to buy as low as possible and sell high without being greedy. You can either do this by getting in early, or wait for the price to return to accumulation levels. The only problem with this - is that the market is still bullish . In other words, you may have to wait months for your ideal buying price. Why not check out these altcoins which are currently trading low and now overhyped -yet !
JTO I'll be happy to buy in lower, but the hype is too high right now making it a high risk to jump in:
1) DGI
I don't believe the price has bottomed out yet after the initial dump. I'll be looking to buy lower, here:
2) PALM AI
A break underneath the trendline will be bearish, potentially taking price back to lower support. If the trendline breaks I'll buy under as as low as the lower support:
3) GameGPT Duel
I'm happy to buy here, price seems to have bottomed. Although I may have a few lower orders:
4) MANEKI
Seems to have bottomed, I'm happy to buy here:
5) AVAX
This one probably won't 10x. But it's an altcoin I'm highly bullish on:
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BINANCE:AVAXUSDT POLONIEX:MANEKIUSDT MEXC:DUELUSDT MEXC:PALMAIUSDT BINANCE:JTOUSDT MEXC:DGIUSDT
AVAX: pattern📊Analysis by AhmadArz:
🔍Entry: 33.37
🛑Stop Loss: 32.37
🎯Take Profit: 34.47 - 35.49 - 36.59 - 37.75 -38.89
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
AVAX AVAX is currently at a crucial weekly support level, making it an ideal time for a long-term investment plan. Here are some levels that will assist you in making a well-informed decision.
AVAX Big Move Alert: Will it Surge to $43 or Plummet to $29?AVAX is lingering around the key daily support zone around $33.76.
Avalanche has to reverse bullish and move towards $43.21.
A break-out of $43.21 will make AVAX bullish in the daily chart and we will see a move to $54.35.
Below $33.76, bears will push price towards $28.67 and, possibly, lower to $22.62.
$AVAX needs a retest before rallying#avalanche #avax price needs correction in mid term, orange boxes are the supports. Short term bounces may become bull traps. NOT FINANCIAL ADVICE.
📈🔍 AVAX Long Trade Analysis 🔄💼Trade Overview:
AVAX is potentially poised to break out of a level of resistance, offering an opportunity for a long spot trade.
Trade Setup:
Entry: Enter into a long spot trade at the break of the top of the range area of support of $35.75.
Take Profit: Target profit levels at $40.50 - $45.00 and the next resistance area at $50.00 - $53.00.
Stop Loss: Set the stop loss just below $34.00 to manage risk effectively.
📊🛡️ Exercise caution and closely monitor AVAX's price movement for trade management! #AVAXTrading #CryptoAnalysis 📉🚀
AVAX Intraday Whirlwind: Catch the Storm of Trade Opportunities!The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
Find more in the signature!
AVAX Bullish W PatternCRYPTOCAP:AVAX W pattern is in making in 1Dtf and you know what will happen when W pattern breaks out🚀
CRYPTOCAP:AVAX is the next Big Thing💵
I'm in Long from: 36.40
Minimum Targets 40.00 - 44.00 - 47.00
Sl: 30.00
#dyor #nfa #aqeelonline
Avalanche AVAX Intraday Trade SetupThe chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
AVAX USDTAVAX Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 36.51. Remember stop loss is your friend. Everything is on the chart.
Entry 36.51
S.L 35.49
T.P 1 37.85
T.P 2 39.48
