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AVAXUSD.P trade ideas

Avalanche - Short Term Swing Trading Idea - 29 May 2022FTX:AVAXUSD for a few days dropped over 35% and on bigger time frames start forming good price action upwards. In the next 3-4 days I expect gains of over 30% and hit a strong resistance level of over $31 per coin. What is the supported thesis technically for the expected scenario on Avalanche? - Price-action will be a strong signal in the next couple of hours - By Elliot waves - there are 5 waves impulse and expecting classic A-B-C correction - The RSI indicator will hit a bit lower before curving up If you have any questions related to this trading idea I will be happy to provide you with answers. FTX:AVAXUSD
FTX:AVAXUSDLong
by TradingTie
AVAX, the rebound is relatively smooth.The following are machine translations: On the daily chart, it fell to around 22.3 on May 12, stopped falling and rebounded, and then fell in shock. After falling below the short-term rising trend line, it accelerated and fell back to the previous low. It fell to around 22.5, stopped falling and rebounded. Yesterday’s rebound was positive and negative. Continue to rebound today, which is currently in a stable state, and it is expected that the short-term rebound will continue in the future. The indicator macd is the bottom background state, the energy column is running above the zero axis, and the bearish power is gradually weakening. The RSI indicator rebounded below the oversold area of 30, which is also a bottom divergence state, and began to turn upward and rushed above 30, showing a short-term bullish trend. In operation, if there is a step back, you can look for a low point and do more, and the maximum drop is below the 20 stop loss, and the short-term target is near 30.
BINANCE:AVAXUSDLong
by LochubT
AVAXUSD D2: 350% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! AVAXUSD D2: 350% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: AVAXUSD D2/candle chart review ::: HIGHER RISK SETUP USE TIGHT STOP LOSS ::: further losses short-term ::: expect BEARS to target 10/11 USD ::: however strong bounce after correction ::: setup still valid as of today ::: chart is LOG SCALE ::: get ready to BUY LOW later near 10/11USD ::: BUY LOW near 10/11 USD using tight SL ::: currently correction in progress / no upside ::: dump until after FED (16th June) ::: for now stay out / wait for better entry price ::: up to 350% gains possible later ::: short-term pullback/correction ::: is possible / likely ::: however chart looks good for BOUNCE ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +350% gains ::: details: see chart ::: FINAL TP is +350% ::: recommended strategy: BUY/HOLD 10/11 USD ::: TP BULLS +350% gains final exit 45 USD ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS/STRONG BOUNCE ::: Sentiment short-term: CORRECTION/10USD RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BINANCE:AVAXUSDLong
by ProjectSyndicate
23
AVAXUSD, are sellers planning a new bear raid?Hello TradingView community, today we’re looking at AVAXUSD as price remains in a solid-looking downtrend. We are watching a consolidation pattern that could be a descending triangle or a wedge type pattern in the existing trend. The key for us is at 28 support. If sellers break this level, the continuation could be on, and we would like to see a new LL set to show normal pattern of trend. If buyers can continue to hold 28 and above, this could be a worry for short term seller momentum that was set with a break of yesterday’s low this morning. This pattern is also seen on SOLUSD, and other coins in the top 10 remain range-bound. It’s really up to sellers now if they want to take this trend lower. Good trading
EIGHTCAP:AVAXUSDShort
by Eightcap
AVAX/USDT about to breakoutGood morning, Today we came across AVAX/USDT. We see that this coin is about to breakout as it is pulling itself upwards. We think that it is going to break the zone at $32.2 and once it breaks it should go as hight as $37-42. We would wait for the confirmation which we would get once the price reaches area $33.5. If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
BINANCE:AVAXUSDLong
by SwallowPremium
AVAXUSD hit the Channel Up bottom. Levels to watch.Avalanche (AVAXUSD) hit on May 12 the bottom (Higher Lows trend-line) of the Channel Up that started after its February 10 2021 High. That was its first High and May 12 marked its second Higher Lows. Assuming that holds, the pattern will continue to hold and we will have to look for specific markers in order to time a new uptrend. As you see, there are three indicators that broke in a specific order during the last rise to a Higher High. First the price broke above the 1D MA50 (blue trend-line) following the Higher Low consolidation. Then the RSI on the 1W time-frame crossed above its MA. Finally the 1W MACD made a Bullish Cross. Keep an eye on those conditions and plan a potential buy strategy accordingly. On the other hand, a weekly (1W) candle closing below the Higher Lows trend-line of the Channel Up, can set in motion the lower Fibonacci extensions, namely the -0.236 and -0.382 before the market bottoms out. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BINANCE:AVAXUSD
by TradingShot
2
AvalancheBreaking out of the triangle defines mid-term targets for the Avalanche. Breakdown of the key support level $60.00, which is the point of intersection of the triangle trendline at D-1, is a strong signal for the continuation of the current trend. The target of $50.00 per coin will be a clear confirmation of the breakout of the key crossover. The support level at $50.00 looks technically confident for considering short and medium-term purchases within the descending channel with the target at $70.00-80.00. The subsequent potential break of $50.00 support opens technical targets for a test of $40.00 and key support at $20.00.
FTX:AVAXUSDShort
by Kuznetsov_Sergey
2