AVAXUSD.P trade ideas
AVALANCHE/AVAXUSDT REDISTRIBUTEWe might think were super bullish, as a trader Im following my own ideology on charts not on hyping or whatever other people say about a coin. they dont even know what they are doing.
Im expecting higher price on CRYPTOCAP:AVAX @55-60$ per coin.
Not shorting unless we have confirmation, other people automatically trade without knowing it.
how come you know the trade is valid if price or current momentum has no confirmation.
Trade at your own risk.
Im not here to make a execution of your own trade, own it or trade it.
Leverage thing is a dangerous on your account.
Not biasing the short but selling my spot at that current level.
the same thingAvax is going to return around 40$ it's the same situation of 2 month ago
And now it's time to buy this crypto
#AVAXUSD: On the way to 66.00, Buy Swing! Dear Traders,
Hope you are doing great, we have an excellent buying opportunity in form of AVAXUSD which is crypto pair with high potential, we can see price filling the imb zone and reversing from that area. Our main aim here is to wait for price to breakthrough the solid bearish trendline, and then enter when price does confirmation.
Team Setupsfx_
Reverse Avalanche...So after spending a bit of time going over charts recently I'm becoming more confident in my alt season view and have started making forecasts for what I believe will be the most obvious beneficiaries.
AVAXUSD Critical ThreatsSome fitted curved lines that could become relevant in the developments of this market. It looks gloomy with the potential resistance of the green, purple and blue, and while rebounds from these levels can happen, they can also provide opportunities if broken and retested.
Perhaps the blue one is actually more stronger than the other two, so an incursion for it can happen. Not much support curved lines for this one, but the red could be strong enough to keep it in check.
Looking at the potential rebounds at these curved line or break and retests. Open to most of possible scenarios as long as the price action looks relevant to these lines. Some arrows with possible developments highlighted in the snapshot.
Avalanche: Take a dive!AVAX continued to head toward our turquoise Target Zone (between $29.30 and $17.48). We expect a dive into this range before the low of the turquoise wave 2 is placed. Subsequently, the coin should turn around and rally above the resistance at $49.95. Should this level be broken earlier (33% likely), we will have to locate AVAX in the turquoise wave alt.3.
$AVAX - Ready to make the avalanche 3X RunCRYPTOCAP:AVAX looks primed and well-supported at this point. Likely a runner after this for the next 2 month period. A great spot buy that can convert to leverage if market follows.
AVAX update we are noticing bullish pattern is underway and per our previous analysis as below we are following long positions toward 49.18
this update is follow up the below analysis
Avalanche Buy OpportunitySo far, I have profited 450%, 56% and 223% from Avalanche. I have already shared the profits I made in 2023 in my X report, and my followers have profited with me. I don't have any Avalanche at the moment. I am waiting for this moving average to pick up. If Avalanche falls below the moving average, I will wait for my Dip Finder indicator to turn green to buy. But if it is rejected from the moving average, I will buy and hold it until my indicator lights white. I will update this post again when I buy, so I recommend you to stay tuned.
AVAX - Big One? Hi, this is my new update for AVAX. As you see we are in a big range over 6 months now and I expect we are going to takeoff in the next couple of weeks.
In the picture above you see Ethereum in 2017 and it seems that we are going to try something similar to what Ethereum did.
Right now we are in the yellow circle and we are backtesting the trendline. If it holds then we are getting ready for 170% upside with the main target 95-100$.
We have still things to settle, like the RSI and the moving averages. The RSI is still bellow the trendline.
We have good support level around 28 -31$ and big resistance around 55-65$.
Good things take time, be patient.
avax is bullishAvalanche is a layer-one blockchain known for its speed and low-cost transactions, positioning itself as a strong competitor to Ethereum. The recent developments and strategic advancements in its network have bolstered its potential for significant growth.
The current bullish sentiment in the crypto market, coupled with strategic investments in the altcoins, positions investors to potentially reap substantial rewards. As the market dynamics evolve, the altcoins are expected to outperform and achieve new ATHs in the coming year.
$AVAX needs a retest before rallying#avalanche #avax price needs correction in mid term, orange boxes are the supports. Short term bounces may become bull traps. NOT FINANCIAL ADVICE.
AVAX Possible bust cycleWith bitcoin being in a state of uncertainty, AVAX has been in a downtrend from the 150 area.
Reasons:
- Lorentzian classification sell signal plus
- ML Pivots breakout area at 26.72 (possible resistance)
- Low volume in the area meaning possibly little resistance to a downwards movement.
- If it does manage to break this consolidation area, the VPVR volume indicator shows little market participation until 16.00 indicating the potential for a free fall.
Considerations:
- We have not yet fully broken a previous consolidation zone, however the distance from the ML trendlines suggests a significant momentum down.
Please note this is only an idea and not advice on whether you should or should not risk your money. This is not financial advice. Good luck.
Levels to watch on AVAXDisclaimer: This is not financial advice. Most traders lose money. Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high-risk tolerance and the financial ability to sustain losses.
What is the social sentiment of Avax?The social sentiment around Avalanche (AVAX) appears to be mixed but leaning towards the positive side. The social dominance metric, which measures the percentage of social media mentions a cryptocurrency attracts in reference to the top-50 most talked about projects, has reached its lowest levels since November 2023. This indicates that discussions and mentions online about the AVAX token when compared to the top 100 are low. However, this low social dominance could potentially precede a rally in Avalanche, as similar patterns were observed in October 2022 and January 2023, where spikes in social dominance were followed by an increase in the AVAX price.
Furthermore, there have been recent developments and initiatives within the AVAX ecosystem that have generated positive sentiment. For instance, the announcement of meme coins being incorporated into the Avalanche Foundation's portfolio has led to a surge in meme token prices, with one prominent meme coin, COQ INU ($COQ), experiencing a notable surge in valuation. This move by the Avalanche Foundation has sparked enthusiasm within the AVAX community, demonstrating the community's support for a broad spectrum of digital assets.
Additionally, the launch of the Cortina upgrade aimed at enhancing the developer experience and utility of the AVAX blockchain has contributed to a positive outlook. After the upgrade, the AVAX price climbed, yielding nearly 5% gains to holders since Tuesday.
In summary, while the social dominance metric for AVAX has been low, recent developments and initiatives within the ecosystem have fostered a positive sentiment among its holders and the broader crypto community.
AVAX to $80 Incoming?Every alt is primed right now after being dumped for a bit to reach the monthly average and being ready to catapult with the mid year cycle. I can see btc at 80k+ in the upcoming 3 months, causing a alt season to occur, trade with caution!
AVAX updateAVAX in a slump here, down 32.6% in the month. Bigger picture up 93.1% in the year, just about 5% today. I see a cup handle forming, just waiting conformation from the last battle. Even though AVAX ain't looking pretty i think its has a solid foundation, strong supports from investors. Just waiting on confirmation.
AVAXUSD 15min Short above $39As we embark on this visual journey let us harness the power of knowledge to illuminate our path forward... Together we can unlock the potential within these charts and empower each other to drive impactful decisions and conquer new horizons.
Wave (5) was truncated. Finishing wave 2 above $39 in corrective fashion.
Avalanche is a layer-1, proof-of-stake blockchain, posing as a direct rival to Ethereum given its focus on smart contracts and aim to accommodate a plethora of decentralized applications. Launched in 2020, Avalanche's network offers high transaction throughputs.
AVAX Long against 26.80Entering a long position inside a 100-161,8 % fib extension C=A
T1 37
T2 80
SL 26.80
Risk 2%
Great Risk /Reward ratio for an explosive move UPCaution: It's not going to the Moon, today. The move will take time but the Trend is UP. The manipulation/market dump by whales was expected. It has reached the level we have been waiting for. However, more manipulation/Volatility is expected around halving of Bitcoin. Whales/Banks/Funds work contrary to the amateur influencers. Use good money management principles while entering into any position.
