Avalanche (AVAX): Riding the Crypto Avalanche with Wit and WisdoWelcome back, crypto enthusiasts! Today, we're diving headfirst into the whirlwind world of AVAX/USD trading, and boy, do we have a tale to tell! So, picture this: just before the previous bull cycle decided to call it quits, we found ourselves face-to-face with the neckline of that trusty harmonics pattern we stumbled upon back in 2022. Talk about timing, am I right?
But alas, the price took a nosedive, crashing through support like a bull in a china shop, landing smack dab in our cozy $10.00 - $13.00 loading zone – just as we predicted. Ah, sweet validation!
Now, here's where the fun really begins. We noticed some fib levels doing a little dance, perfectly aligning with important structures on the higher timeframes. And guess what? The pièce de résistance was our neckline, serving up some serious pivot point potential. Could this be our ticket to another entry? Oh, you betcha!
Ideally, we're aiming to swoop back in at the 88% fib level – that's right, a cool $24.00. But hold onto your hats, folks, because the 78% fib level is throwing some unconfirmed structure into the mix, potentially stirring up some resistance. But fear not, my friends, because we've got not one, not two, but three pieces of evidence supporting our case for the 88% + structure as the ultimate entry point. Talk about a triple threat!
Now, let's talk strategy. Dollar-cost averaging is our best friend here, especially when we're investing in a project we know and believe in. And hey, remember folks, fundamentals always trump technicals. Ain't that the truth?
As for targets, we've got our sights set on that previous ATH of $130.00 – a lofty goal indeed. Feeling adventurous? How about a leap of faith to the $300.00 level? Hey, a trader can dream, right?
So, there you have it, fellow adventurers – another day, another crypto rollercoaster ride. Buckle up, keep those memes close, and may the crypto odds be ever in your favor!
Keywords: Avalanche (AVAX), trading analysis, crypto humor, bull cycle, harmonics pattern, fib levels, support levels, resistance levels, dollar-cost averaging, investing, fundamentals, technicals, trading advice, ambitious targets, meme culture.
Avaxusdtlong
AVAX/USD/AVALANCHE UPDATEDThe previous idea on last December price 47$ of CRYPTOCAP:AVAX and I am expecting to be redistribute after the 60$ but I was wrong about it, since the surge continues, Now the CRYPTOCAP:AVAX can clear this highs of 100$. But this idea is too speculative, I am not sure either if price can go there.
But this is crypto all things works once the public buying it. anyone here has the spot of 17$ a share last dip can still win or ride the 100$..
This is not a financial advice.
Only Gods and the dead can seem perfect with impunity""
AVAX: buy in low renge📊Analysis by AhmadArz:
🔍Entry: 53.42
🛑Stop Loss: 52.33
🎯Take Profit: 54.45-55.62-57.28
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AVAX Will MOON Like ETH MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
AVAX has had a very strong breakout , These breakouts can often continue longer than people think. AVAX is retesting the neckline here and should follow ETH into a bull market and parabolic move . It should continue to moon with some patience. This has very good market structure and good price action . These structures are how you can make good returns on investment / on your trade
Please watch the video for more information
AVAXUSDT Next Target $100AVAXUSDT broke through its resistance and is now aiming for $100. Traders are excited about the surge and expect it to keep going up. With this momentum, AVAXUSDT could soon hit its target, making a big move.Despite AVAXUSDT’s upward push towards $100, it’s essential to maintain a stop loss strategy.
AVAXUSDT (1D Chart) Technical analysis
AVAXUSDT (1D Chart) Currently trading at $61
Buy level: Above $58
Stop loss: Below $47
TP1: $70
TP2: $80
TP3: $90
TP4: $100
Max Leverage 3x
Always keep Stop loss
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Avalanche Price Rallies 12% Amid Binance AnnouncementThe cryptocurrency market is abuzz with excitement as Avalanche ( CRYPTOCAP:AVAX ) experiences a remarkable surge of nearly 12%. This surge coincides with a strategic announcement from Binance, the leading crypto exchange, signaling a significant shift in market dynamics.
Binance's Endorsement Fuels Momentum:
The surge in CRYPTOCAP:AVAX price underscores the growing confidence of investors, propelled by Binance's latest move. With the introduction of a USDC-margined AVAX Perpetual Contract offering up to 75x leverage on its Futures platform, Binance aims to enhance trading options and user experience, stimulating trading activity and liquidity for $AVAX.
Expanding Trading Options:
Scheduled for March 20, 2024, Binance's USDC-margined CRYPTOCAP:AVAX Perpetual Contract opens new avenues for traders, enabling them to capitalize on increased leverage options. The 10% promotional trading fee discount until April 3, 2024, further incentivizes trading, while the Multi-Assets Mode feature provides flexibility across multiple margin assets.
Binance's Strategic Commitment:
Binance's endorsement through the introduction of the CRYPTOCAP:AVAX Perpetual Contract underscores its strategic commitment to expanding offerings and meeting user needs. By providing access to CRYPTOCAP:AVAX trading with enhanced leverage options, Binance reinforces its position as a key player in the crypto market.
Impact on Market Sentiment:
Binance's endorsement signals a vote of confidence in Avalanche's potential, driving positive market sentiment and investor interest. With increased access to CRYPTOCAP:AVAX trading and favorable trading conditions, demand for CRYPTOCAP:AVAX is poised for further upticks, potentially driving its price higher.
Avalanche Foundation's Board Expansion:
In addition to Binance's announcement, the recent expansion of the Avalanche Foundation's board has bolstered market sentiment. These developments underscore the growing significance of CRYPTOCAP:AVAX within the cryptocurrency ecosystem, attracting attention from investors and enthusiasts alike.
Current Status and Future Outlook:
As of writing, Avalanche ( CRYPTOCAP:AVAX ) price surged to $62.52, marking a significant gain of 12.73% with a monthly increase of around 50%. With trading volume holding steady and the potential for further upticks, CRYPTOCAP:AVAX continues to capture the attention of investors, positioning itself as a promising asset within the cryptocurrency market.
AVAXUSDT:Bullish Flag & Volume Surge, Over 20% Upside Potential?Hi Realistic Traders, let's delve into the technical analysis of BINANCE:AVAXUSDT
AVAXUSDT is currently demonstrating a robust bullish trend, asserting its strength above the EMA90 line. This trend is poised to persist as the price surpasses the upper trendline of the bullish flag pattern, supported by a notable increase in trading volume. Additionally, the bullish crossover indicated by the MACD Indicator further solidifies the positive momentum in the market.
With these indicators aligning, there is a favorable outlook for continued price appreciation towards our designated target. Investors can anticipate a rewarding trajectory ahead, guided by these insightful market dynamics.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Avalanche."
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Bullish Cup and Handle Pattern in AVAX/USDTThe AVAX/USDT pair has formed a bullish cup and handle pattern, which suggests that the price is likely to continue its upward trend. The target price for the cup and handle pattern is 60$. The cup and handle pattern is a reliable bullish pattern, and it has a high probability of success. However, it is important to note that no technical analysis pattern is 100% accurate.
#AVAX/USDT#AVAX
The price is moving in a descending channel on the 12-hour frame
We have a commitment to the limits of that channel
Now we have a breakout of the downtrend
We have buying momentum on the MACD indicator
Entry price is 36.29
The first goal is 37.96
The second goal is 40.78
Third goal 43.59
AVAX : high risk SL📊Analysis by AhmadArz:
🔍Entry: 43.66
🛑Stop Loss: 44
🎯Take Profit: 43.27 - 42.60 - 41.82 - 39.94
🔗"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!
AVAXUSDT Avax looking to breakoutMany cryptos breaking out of short term downtrends.
Keep your trades simple. Look for Avax to break the downtrend, wait for the retest to confirm.
Take profit at;
38.1878
40.745
42.971
Caution, if BTC has a small pull back look for atls to have a big move down invalidating the trend breakout.
Buy Signal for AVAXUSDTAnalysis:
RSI Bullish Divergence (Yellow): The Relative Strength Index (RSI) is showing a bullish divergence, indicating potential upward momentum.
MACD Bullish Divergence (Light Blue): The Moving Average Convergence Divergence (MACD) is also displaying a bullish divergence, supporting the bullish bias.
Price Approaching Point of Control (POC): The price is nearing the Point of Control (POC), suggesting potential support or a reversal point.
Volume Profile Analysis: Zones with higher volumes in the volume profile have been identified as TP1, TP2, and TP3.
Trade Plan:
Entry: Consider entering a long position as the price approaches the POC or at current levels, given the bullish divergences observed in the RSI and MACD.
Take Profit:
TP1: Set the first take-profit level at the zone of higher volume identified in the volume profile.
TP2: Place the second take-profit level at the next zone of higher volume in the volume profile.
TP3: Target the third take-profit level at the subsequent zone of higher volume.
Stop Loss: Set a stop-loss order below the recent swing low or a suitable support level to manage risk.
Risk Management: Ensure proper risk management by allocating an appropriate portion of your capital to this trade and adjusting position size accordingly.
Note: Always conduct thorough analysis and consider using additional technical indicators or confirmatory signals before executing any trades. Risk management is crucial to protect your capital in volatile markets.
AVAX to go much higherAVAX came down to my buy zone and now ready to take off for the next leg up. The long term chart looks great for massive move to the 90 dollar range.
My next target is $52. And after that the door opens up for $93 to $100. I added to my longs at $34 dollars.
Not a financial advise. DYOR.