AVAXUSDT
AVAX - finally going to make a big move??AVAX - finally going to make a big move??
This ones interesting
1. usually it moves out of phase a bit, after the other popular L1's from last cycle. so its good for rotation if one of the others moves hard first.
2. remember that lawyer vid from last cycle; these guys strike me as massive cheeseball scammy mofos ;; but then in crypto who isn't ??
I've decided to play JOE, and its my only AVAX chain play.
Also the chart is not as clear cut as some of the other big ones; eth, btc, sol etc
Looks like there is a chance we are bearish here... but im pretty confident this cycle is not done so early. but always remain vigilant and able to move like water. that is what will save your portfolio.
\
gl
Avalanche ( AVAX ) to 104?19-21 range is very crucial support zone in a weekly timeframe, if it ever to hit 19 I would consider long position either futures or spot. As you can see 92-104 range is gonna be our first take profit point which is fibonacci 0.618 level and we all know how important that is. If BINANCE:AVAXUSDT ever close a candle above 105 in a weekly timeframe is gonna be huge confirmation to continuously go up maybe even break all time high, so time will tell.
High risk tradeThis is a 4-hour chart analysis of the AVAX/USDT pair, highlighting key support and resistance levels. The market has experienced several fake breaks near the upper resistance. The area between $24.70 and $25.40 serves as a strong support zone, and a potential entry point for a buy position.
Trade Breakdown:
- Buy Entry 🟢: Support zone at $24.70 - $25.40
- Target 🎯: Resistance area at $32.55
- Stop Loss (SL) 🚫:
- High Risk SL: Below $24.70
- Best SL: Below $22.00
This analysis suggests that traders could consider entering a long position around the support zone while setting appropriate stop-loss levels to manage risk.
AVAX Will the journey continue?Avalanche (AVAX) has been gaining attention in the cryptocurrency market and analysts are eager to know its future price outlook. This year 2024 altcoins are almost facing a serious decline after the rise. We should not put all our faith in buying when it grows, sometimes selling or avoiding buying when it falls is also an advantage.
Looking at the whole time since Jan 2023 ( 19 months ), AVAX had a strong price increase and then fell again. What are the buying and selling points with the S1-TM strategy, we had 93 closed orders, with a net profit of ~336% (including commissions). This is quite good for autotrade.
NOTE: This is my personal opinion on this strategy. This is not investment advice!!!. The market always has risks and opportunities. Please consider carefully before making any decision!
AVAX/USDT: 70% PROFIT POTENTIAL TRADE SETUP!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
AVAX looks decent here. Breaking out from the falling wedge-like structure in the daily time frame and currently, retesting it. Also, holding 50MA support here very well. Buy some here and add more in the dip.
Entry range:- $27-$29
Targets:- $33/$38/$42/$48
SL:- $24.5
Lev:- 2x-4x
What are your thoughts on AVAX's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
detailed important chart tells u why to buy AVAXin weekly chart can notice a breaking out of falling wedge pattern finally after more than 6 months..
the price now moving in huge ascending channel going to making new ATH in next few weeks..
u can see elliot wave in the chart and It's clear that elliot wave correction done
one of the biggest coins in the market ... ranked 11th in terms of market cap (11.871B)
it's on good support and suitable place to buy ... long term target is 200$
best regards ceciliones🎯
AVAXUSDT Poised for a Major Move – Are You Ready?Yello Paradisers! Have you noticed the intriguing action in #AVAXUSDT? This is a moment you don't want to miss!
💎#AVAXUSDT has broken free from its longstanding descending channel, signaling a potential upward trajectory. After navigating within this channel for a considerable period, #AVALANCHE has successfully breached it.
💎The key resistance level at $29.14 has now turned into a crucial support. This support level is pivotal as it has been respected multiple times in the past. If #AVAXUSDT maintains its momentum above $29.14, there's a high probability of a sharp upward move.
💎However, if the price descends below the $29.14 support level, the scenario changes. In this case, the probability leans towards a bullish rebound from the lower, formidable support at $24.46.
💎While some inexperienced traders might be tempted to short at this point, it's essential to maintain a broader perspective and wait for proper price action. A break below the $29.14 support will likely trigger a significant downward move, causing the price to drop further.
Remember, disciplined and strategic trading is the key to long-term success. Stay focused, patient, and make informed decisions. Let's navigate this market wisely, Paradisers!
MyCryptoParadise
iFeel the success🌴
AVAX/USDT - Long Idea
Dear Traders,
this is the idea i would like to post with you , I can see the potential buying opportunity in this crypto pair but consider this as a long term investment not as a day trading, the more you hold the more you get and prefer buying that in SPOT market so the risk will be less.
THIS IS ONLY MY ANALYSIS "TRADE AT YOUR OWN RISK"
Avalanche AVAX price is on the verge of a strong movementThe trading volume of #AVAXUSDT has firmly established itself in the top 10.
So is Avalanche token being actively sold or bought now?
We will have all the answers soon, but for now, here are two scenarios for the CRYPTOCAP:AVAX price movement:
🔴 red - $35 - $45 - ($18.7-23.7)
🔵 blue - $32 - $55 - $43 - $110
So which pill 💊 will you choose 🔴🤷🔵 ?
_____________________
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AVAX Analysis: Potential Price Movement and Key Levels✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day.
📅 Let's dive into today's analysis, focusing on the AVAX coin in the crypto market.
🗂 About the Project: AVAX, or Avalanche, is a decentralized platform known for its high throughput and low latency, making it a preferred choice for developers building decentralized applications and custom blockchain networks. It's particularly popular among DeFi enthusiasts due to its unique consensus mechanism and scalability.
⌛️Weekly Timeframe
In this timeframe, AVAX has experienced significant movements. Recently, it saw an upward trend reaching a peak of 126.52, which was a critical supply zone. Following this, the price entered a correction phase with lower volume, suggesting the strength of the previous upward trend. Currently, AVAX is at a support level of 20.83 after a correction phase.
📈 If AVAX stabilizes above 31.32, we can anticipate a bullish momentum potentially pushing the price towards the next resistance at 58.74. Confirmation of a new upward trend will depend on candle stability above this level.
📉 Conversely, if AVAX falls back into the range between 20.83 and 31.32, and stabilizes below 20.83, it indicates a bearish trend continuation. The next critical support level would be around 15.91.
📊In both scenarios, volume analysis is crucial. A healthy trend should be supported by corresponding volume without any divergence.
⌛️Daily Timeframe
🔍On the daily chart, AVAX ranged around the 31.22 level before initiating another downward wave. Currently, there is noticeable bearish momentum, and the price has found temporary support at 21.49.
🧲Given the current setup, a stabilization below 21.49 could signal another bearish wave. On the flip side, if the price moves above 31.22, it could indicate the start of a bullish trend, targeting higher resistance levels.
⌛️4-Hour Timeframe
📈In the 4-hour timeframe, AVAX has pulled back to the SMA99 and reached the resistance at 30.98. Volume analysis shows a decrease, indicating potential exhaustion of the recent upward movement.
📉For short positions, the key levels to watch are 30.98 and 33.77, where price reactions could provide better entry points. For long positions, critical levels are 25.01 and 21.49.
RSI Oscillator
💥The RSI is currently ranging between 44.87 and 59.76 on different timeframes. Breaking these levels could provide confirmation for opening positions. However, always use these levels in conjunction with candle patterns and volume analysis to find the best entry and exit points.
📉Given the current bearish signals in the daily and 4-hour timeframes, alongside the potential trend change in the weekly timeframe, I am inclined to open a short position. However, this is based on my trading strategy. Each trader should base their decisions on their strategies and risk management plans.
⚠️Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research.
🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
ALTCOINS That are STRONG NOW1) AVAX
If AVAX can close ABOVE the short term resistance zone, the way up is cleared and more upside potential becomes highly likely:
2) OPUSDT:
OP bottom should be either close, or in as it made a full retracement after the last high:
3) PALM AI
Palm has made a full retracement and filled out the opening candle. If you've been following me for a while, you'll know that this is an important metric for me to watch when buying newly released alts:
4) ARB
Incase you don't know, I have this belief on buying newly released alts where I say the price WILL return to the opening candle zones sooner or later. A healthy bounce from here is then perceived as a sign of strength as the alt is ready for more upside.
More on the above strategy here: HOW to BUY NEW ALTS:
#AVAX/USDT#AVAX
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside.
We have a bounce from a major support area in green at 24.00
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 27.00
The first target is 30.35
Second goal 32.33
Third goal 34.71
#AVAX Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
CRYPTOCAP:AVAX is at the tip of the resistance trendline and the 50EMA. A breakout above the current resistance at $29.3 will possibly establish a bullish trend for AVAX. On the other hand, a rejection can be considered a good buyback opportunity in the range of $24.32 to $25.88.
Key Observations:
- Primary Resistance: $29.3.
- Target Range: $41, $50, $58, $65.
- Support: $24.32 to $25.88.
Conclusion: Wait for the daily close to confirm a breakout or rejection pattern.
DYOR, NFA.
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AVAX - BUY ZONE Tested, Onwards and UPwards!Is the AVAX correction finally over?
If you've been following, you'll know that we were early bullish on AVAX, since DEC 2023:
And then again early 2024:
After losing 66% from ATH, Avax has bounces successfully from the identified buy-back zone (hope you didn't miss it!)
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BINANCE:AVAXUSDT
AVAX Ready to Rise Again
AVAX fell from 65 to as low as 22, but finally managed to break above the downtrend. If it stays above 25, it is quite likely to see $60 or even higher in the long term.
At this level, AVAX offers a very good buying opportunity. If it goes lower, I might buy more AVAX, but I don't think there will be any more buying opportunities below this level.
AVAXUSDT#AVAX #Avalanche has formed a beautiful chart. Since March, it has been continuing a downward trend, forming a descending wedge pattern. It's close to breaking the resistance. If it breaks the resistance and maintains above it, the upward momentum will be confirmed. It is expected to reach the Fibonacci levels of 0.382-0.618-0.786-1 sequentially. Therefore, the targets for AVAX are expected to be $30, $43, $53, and $65, respectively.
AVAX 2024- Fast Update.
- Everything in Graphic.
- Buy Breakout 50$++. ( always wait Weekly candle on Monday to have confirmation ).
or
- Buy Retracement : 18$ ish ( 25% invest ).
- Buy Bottom : 10$ ish ( 75% invest ).
- TP1 : 150$ ish( old ATH )
- TP2 : before 380 to 500$ ish ( Just don't be greedy ).
Play S4fe
Happy Tr4Ding !
Lower usage brings lower prices ---- AVAXThe employment data on Friday didn't change anything. Although gold and U.S.stocks rebounded, crypto continued to fall due to potential selling pressure from Mt. Gox and others. We believe this situation may continue into the interest rate cutting cycle.
When recently sorting out on-chain data, including activity, TVL and other data, we found that the data of some old chains continued to decline and their fundamentals deteriorated seriously. This will result in its performance in the market being generally worse than other public chains.
Avalanche is one of them. Except for the popularity of SocialFi protocol Arena in its ecosystem last year, there is almost no news at all. The same is true from the data. According to the number of 24h active addresses announced by Nansen, Avalanche holds about 40k active addresses every day, which is far less than the mainstream chains. And in terms of TVL decline, Avalanche and Optimism have become the largest heading chains with the largest decline recently. Of course, Optimism’s TVL is shared more with other chains in the OP alliance, such as Base. Avalanche, on the other hand, had a net outflow.
The same is true from the indicators. Although the market has rebounded in the past two days. But AVAX is always below the wavy area of the TSB indicator. And the current trend is a downward trend that started on July 4th. This shows the weak performance of AVAX.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.