I HAVE A DREAMi have a dream that one day avax will take over ethereum
i have a dream that one day, the people will hold the rewards of gas
and miners are no more
i have a dream
of a field of nodes, with their passive farmers reaping full the rewards of their capital
i have a dream
that one day, i may see a web 3 where layer 2s and layer 1s can bridge hand in hand
that way one day,
we may farm across chain
we may farm across coin
we may all make it!!!
AVAXUSD.P trade ideas
AVAX IS AT FIB 61.8 WITH IMMINENT PULLBACKThis asset (AVAX) has made some positive runs lately. However, this asset haven rallied up to FIB61.8, I feel it is time for the retracement to happen.
I feel AVAX need to pull back to $90 zone for the bull momentum to come into action once again. If this happens, then we should see AVAX break beyond $100 and even hit the $110 zone of the ascending channel.
Always remember that positive tokenomics (news) will be a quick way to push this asset to the moon. negative news can also be the other way round.
NOTE:
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Whats next for Avax!Bulls Case:
1. Major Support
2. Hammer
3. Fib 0.618 retracement
4. Double Bottom
5. Bullish Divergence
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Plan - A
Entry - 86
TP - 96
SL - 82
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Bears Case:
1. Bearish DOW
2. Bullish Trendline Broken
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Plan - B
Entry - 81
SL - 83
TP - 71
How To : Momentum Shifts ( Key Set Ups)
Hi Traders! Lets review 3 Trade SetUp For Key Momentum Shifts:
For the past 28 years, I have been using three simple trades setups, that I'll explain in the video, to be selective in my trades and to identify key momentum shifts in the market. I hope these setups will be useful to you as well.
High Frequency Traders and Professional Traders will often run retail trader stops by blowing through key support and resistance levels like round numbers only to reverse shortly afterwards. We must protect ourselves from these tactics and be careful not to chase a move or get stopped out.
Recognizing and patiently waiting for one of these trade set up will help especially if you combined or recognize them with a chart formations like a double tops or head and shoulder pattern.
Trade Setup 1: Cross above a key resistance, recross below = shift of momentum. The same setup can be used with a cross below a key support level.
Trade Setup 2: Cross above a key resistance, recross below and a retest of the resistance with a Lower Higher = shift of momentum. This is my preferred setup.
Trade Setup 3: 2 touches to a key resistance or 2 touches to a key support and entering on the 3rd touch for a 66% probability of successful trade.
I hope these setup are helpful, whether you trade or invest, using key momentum shifts with support and resistance lines.
Hope it helps
Take care
Marc
AVAX will go back to 97.2 $as we can see the chart is under the POC and from the Stochastic RSI it's trying to go up because it reached the higher low, but there is something we should consider from the volume profile, clearly there is a D shape. personally I don't recommend to trade in the area of a D shape or B shape, because it's an accumulation area and the price usually going random up and down, so if you wanna take a risk don't don't forget to respect the risk management and trade with a low amount hopefully the price will go to 97.2$
AVAXUSD- ROAD MAPokay so i mapped out the wave pattern. we should break out to the upside and get to $110. I am using Elliott's wave pattern analysis/trend lines to make this game plan for us.
pls use proper risk management when trading. Im not sure this will happen either, this is just an interesting idea. please do ur own research.
AVAX 6% gain targetLast night's level was hit today as expected.
AVAX is showing strong bullish momentum and we can expect the price to continue going up. It's possible for the price to go up much higher but in its current up wave, we have a bit more energy left to take us to 103.
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Not financial advice. Trade at your own risk.
AVAX to make a 7-16% gain 🚀We see strong rejection of the buying zone. If you zoom into lower time frames, it will be apparent to you the amount of buying at this level. There is sufficient momentum to take us to the $96.7 price level. I expect the $88 price level to hold. If it breaks, that could change the dynamics, and I would need to provide an update. Please ask in the comments if I forget to give you guys an update.
My BTC update will contain an overall crypto market update and a list of the ideas for the day.
Take a look at my highly accurate predictions based on the momentum-based system that I'm developing; please like and follow me to show me your support so that I'm motivated to continue posting and receive all of the latest updates as I post daily. I do this for free, and in return, all I ask of you is to leave a comment and hit that like button. Also, drop in a chart in the comments that show nice consolidation, and I will tell you which direction the break out will be 😉
Here is a small snapshot of the system that's producing these signals. It's been built by someone with over 10000hrs of experience building trading systems and advanced and complex indicators ibb.co It's beyond what you will find online anywhere 😉
Not financial advice. Trade at your own risk.
AVAX Bull Cycle Prediction 3/30/22AVAX Bull Cycle Prediction 3/30/22
Indicators
HMA
Williams Alligator
MACD
RSI
Last HMA cycle in august of 2021, AVAX went up 1000% at its highest point. Bearish divergence finished off the cycle in November 2021.
This prediction uses previous cycle data, and fibonacci as targets. 1-2-3-4 618 levels.
Avalanche: Ready to AvalancheAvalanche still has time until the resistance at $98.77 to finish wave B in green, but it could also decide to avalanche into the orange zone between $70.58 and $58.31 immediately. There, it should complete wave C in green as well as wave ii in orange and use its drive to change direction. In contrast to its namesake, Avalanche should then rush upwards above the resistance at $98.77. However, there is a 35% chance that Avalanche might endeavor to emulate said namesake and slide below the support at $53.16.
AVAX Pullback for Perfect LONG Entry !Currently 0.786 fib level holding resistance as AVAX pullsback after an insane pump,
We look to LONG or BUY the retracement of AVAX to the 0.5 fib level, overlapping with the crucial support @ 103 to 98 zone (white box)
TP will be next major resistance at
TP1 123.8
TP2 143.73
SL 86.15
Do show your support by liking and following if my ideas were helpful : )
Feel free to leave your thoughts and comments below ~
avax/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
The 5th wave of the minor wave (3) cycle hit sooner than expected and we've reached the bottom of the wave (4) retracement. We should be working on the last impulse wave (5) of the bigger cycle as shown. The price of wave 4 has entered price territory of wave (1), which normally doesn't happen too often, but when it does, it's a good indication that the bottom is in or near, unless its a dead shitcoin. I don't think avax is dead as there are a lot of good development from the team.
AVAX double bottom, breakout points and 50 day SMAI'm noticing this beautiful double bottom with handle on AVAX so I'm picking several points to prove my analysis. One the price continues to move up out of this handle. Two the price moves above the left side of the W. Three the price moves above the right side of the W. Four, if the price does fall down to the 50 day SMA as a test of support, it bounces off that support and moves higher.
AVAX good for 5-10% gain in the next 48hrs or soMore details of the market trend are available here:
AVAX
Entry $83.41
Exit 1 $88.90
Exit 2 $91.49
TP Target 1 6.6%
TP Target 2 9.69%
I'm doing something a little different now. I'm posting what my entries and exits are. I plan to sell 50% of the coins at Exit 1 and another 50% at Exit 2. My overall plan projects over 10% of gains in the next 48hrs. However, I will take my profits at around 5% profit for the entire basket and close out the trades if the levels are close enough. Take your winnings! 😊
As a reminder, follow, like, comment. You haven't seen anything like this ever in TradingView. Get it while the getting is good cause I have no idea how much longer more I will do this to give back to the community that has given me so much over the past 10+yrs.
A kind reminder, trade at your own risk, and best of luck to you!
If this symmetrical triangle is valid on AVAX, target= $177These seem like the most valid trendline for the avalanche usd pair on the weekly chart. If this is a valid pattern and the top trendline is correct then we should see the breakout confirmed by early April. If so the target would be $177. *not financial advice*