avaxusdt long setupIn higher times, an ascending channel can be seen
And it is easy to see the power of bullish candles compared to bearish candles
We have the demand area around the price of $19.3 to $18.7
when the price reaches this area and hits the bottom of the ascending channel and the third hits the bottom of the falling wedge pattern; You can expect the price to rise
The first target is the roof of the wedge pattern and the second target is the size of the base of the wedge pattern
Avaxusdtlong
AVAX Avalanche 4 HOUR Chart Here are my thoughts on AVAX at the moment.
AVAX is trading in this channel AND NEEDS to hold the SUPPORT at $17.33 IF IT wants to continue to the upside.
If AVAX can get above the 18$ lvl We could see the coin move up to test $19.26.$20-28 areas of resistance!
ON THE FLIPSIDE
IF Avax loses this support then we could see it go back down and test the $16.25 - $17.33 LVL
AVAX NEXT BIG BULLISH MOVE !!!!!!Here we can see that "AVAXUSDT" in 1 DAY time frame has a RESISTANCE at "20.57" and SUPPORT at "14.60". And we can also see that the price has already taken BREAKOUT from the trendline and its coming for retest and we can see a good LONG OPPORTUNITY between the zone of "14.87" and "14.03" with a target to the zone of "20.57".
ENJOY!!!!
AVAXUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (midterm expectations)
Entry: market and lower (11 - 9$ zone)
Target: 13 - 15 - 17.5 - 20
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
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AVAX Breakout PotentialIndicators used:
True Momentum Oscillator
Fibonacci Bollinger Band Cluster
Consensus Tables
The daily AVAXUSDT chart seems primed for a breakout, with lower timeframe charts beginning bullish movement. The TMO is in the oversold lower range with the momentum heating up towards the zero line. Price is hovering around the bottom-most band of the Fib. Bollinger Band cluster, past the 1st, 2nd, and 3rd deviations. Price action is testing upper bounds of a larger trendline, potentially as part of a falling wedge. Wedges of the sort have a tendency to break into inverse head and shoulder patterns, which could lead to a price recovery into the $13.50-14.40 range, provided BTC holds up. Otherwise, a test of the lower trend line is likely.
AVAX ANALYSIS#AVAX UPDATE.
#AVAX is facing huge resistance at the red box resistance area and got rejections on 4 TF.The current resistance for avax is the 20SMA on BB .The contraction of the BB suggesting some strong and flash move waiting ahead for avax .Do not enter in longs until avax close above the red box resistance.
AVAX/USDT 1DAY UPDATE BY @CRYPTOSANDERS !!Welcome to this quick AVAX/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Avalanche (AVAX) was a notable gainer on Tuesday, as prices surged following the release of U.S. inflation figures.
November’s consumer price index (CPI) came in at 7.1%, which was lower than the 7.3% traders were expecting.
As a result, AVAX/USD rallied to an intraday high of $14.09, which saw prices up by nearly 10%.
Today’s rise saw the avalanche hit its strongest point since December 5, which was the last time the token was trading above its ceiling at $13.75.
The 14-day relative strength index (RSI) also rose, breaking out of a resistance point of 51.50 in the process.
Gains in AVAX have eased from earlier highs, and as of writing the token is trading at $13.94.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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AVAXUSDT - Head and Shoulders PatternAVAXUSDT (4h Chart) Technical analysis
AVAXUSDT (4h Chart) Currently trading at $13.1
Buy level: Above $13
Stop loss: Below $11.9
TP1: $13.8
TP2: $15.5
TP3: $17.8
TP4: $20
Max Leverage 3x
Always keep Stop loss
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AVAXUSD -possible longHello fellow traders,
Referring to the chart above, price has close above the downward trendline suggesting that price might rally to the supply zone (drawn on the chart). If price does close above this zone, there's a possible chance that price might start to rally to the next zone.
however, if price does close below the weekly supply zone , there's a possible chance that price might retrace back to the weekly demand zone.
note: This is just our thoughts and opinion based on technical analysis that we see. This article is not a trading or financial advised. Kindly do your own research and risk what you can afford.
blessed trading everyone.
Cheers.
AVAX LONGAfter the correction, the price has reached the static support range, due to the price skewness and the formation of the ending pattern, I expect the price to return and the upward trend.
Of course, I don't see an entry point for a buy position at the moment .
It will be updated for more secure transactions.
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