AVAXUSD trade ideas
AVAXUSD: Could target $125 by the end of this CycleAvalanche is bearish on its 1D technical outlook (RSI = 38.910, MACD = -2.280, ADX = 35.079) but the bullish dynamics should start accelerating now as the price hit the HL trendline of December 2020. This is the bottom of the multi year Triangle pattern and with the 1W RSI as low as the August 5th 2024 bottom, we expect the final rally of this Bull Cycle to start. Technically it should break above the LH trendline as all Bull Cycle rallies hit (or came close to) their 2.0 Fibonacci extension. Buy and aim for slightly below it (TP = 125.000).
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Avalanche: Pending LowWith the recent sharp pullback, AVAX has entered the lower third of our magenta long Target Zone between $24.42 and $13.30. The low of the turquoise wave 2 is approaching and should form well above the $8.64 support. From the bottom of wave 2, we expect a rally in the turquoise impulse wave 3, which should aim for the current all-time highs of the last bull run.
Avalanche (AVAX/USD) Long Breakout Setup – 200MA & Falling WedgeThis is a long (buy) setup for Avalanche (AVAX/USD), based on a potential breakout from a falling wedge pattern and the 200-period moving average (MA) on the 4-hour chart. The falling wedge is a bullish reversal pattern, and if the price breaks above the 200MA, it could confirm a strong uptrend.
Entry Point:
After a confirmed breakout above the falling wedge and the 200MA.
Stop Loss:
Below recent lows around $16.953, in case of a false breakout.
Take Profit Targets:
TP1: $27.016
TP2: $32.047
TP3: $36.240
TP4: $41.690
TP5: $45.044
TP6: $54.184
Trade Rationale:
The falling wedge is a bullish pattern, indicating potential for reversal.
If the price breaks above the 200MA, it suggests a trend shift to bullish momentum.
Multiple take-profit levels allow for scaling out profits as price progresses.
The risk-to-reward ratio is favorable, making this an attractive long setup.
$AVAX Heading HigherI like Avax. Triple bottom looks very promising.
CRYPTOCAP:AVAX is the native cryptocurrency of the Avalanche blockchain platform. Avalanche is designed to be a highly scalable and efficient blockchain network that supports decentralized applications (dApps) and custom blockchain networks.
AVAXUSD Looks like crypto as a whole is going back to inception lows. Lots of greed and mistrust in the marketplace. Feels like crypto security has to tighten up before the whole world can invest in crypto.
AVAXUSD $12.50, $7.00, $5.00 prices over the next 6 months -12 months.
Is this for the whole market possibly.......
AVAX | Elliott Contracting Triangle | Bullish ContinuationLooking to see price reaccumulate at these lows and to finally take off some time around April.
I'm eyeing next targets to be around $80 after we breakout from the contracting triangle.
Overall price action is in the expansion phase out of the 4 Market Cycles and this adds a lot of confluence for a bullish play to come.
AVAX x13AVAX #13 / (BTC)
Has been very sleepy throughout this correction.
I quite like the structure:
- It has hit the retracement GW.
- It had a double stab down before Bitcoin and as Bitcoin made a lower low, AVAX made a higher low.
- The whole are looks like a bowl = strong.
- It looks to be completing a lower time frame 1:0.618 GW 3 wave correction similar to TOTAL.
- It is printing a shallow sideways channel that looks like an accumulation.
It is the shallow channel that is very inviting here.
So this looks a great buy right here, with less downside risk than other coins due to the shallow channel and all the list above.
And so i've made a small but very aggressive trade here.
I have entered a x13 leverage trade and so the liquidation point is the stop loss.
And that is just below the stab downs @$23.7
I like this setup because I think that even if TOTAL or BTC rock back oscillate in this area, AVAX will likely remain somewhere in or near the sideways band.
Not advice
AVAXSo I have been getting into the NFT art scene, which uses avalanche, so i figure i might as well make a chart to help the artists im purchasing from get their best deal on convertions. So avax has a solid support here around the $25.30 range... this is the best area for the artsist to sell and then i can see avalanche running up to $30-$31 which is the buys time to purchase art...
Avalanche Cryptocurrency Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Avalanche Cryptocurrency Quote
- Double Formation
* (Reversal Argument)) + (Inverted Head & Shoulders)
* (TL)) | 1 & (TL)) | 2 | Triangle Structure | Subdivision 1
- Triple Formation
* 1st Numbered Retracement | Downtrend | Subdivision 2
* 2nd Numbered Retracement | Bias Structure | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
AVAX/USD: Struggling Near Key Support, Breakout Needed🔥 FinCaesar Strategy:
🩸 Short: Below $32.00, targeting $31.00 and $30.00. MACD remains weak, and the price is trending below key moving averages, increasing downside risk.
🩸 Long: Above $33.50, aiming for $35.50 and $38.00. Bulls need a strong breakout to reverse the bearish trend.
🔥 FinCaesar Commands:
🩸 Resistance: $33.50 — A breakout above this level could push AVAX toward $35.50 and higher.
🩸 Support: $32.00 — Losing this level may result in a drop toward $31.00 or lower.
Avalanche is trading in a weak range, with sellers dominating and MACD showing no strong bullish momentum. A decisive move above $33.50 is needed to regain bullish strength, while a failure to hold $32.00 could accelerate the downtrend.
👑 "Only those who seize the moment dictate the market’s fate." — FinCaesar
AVAX LongAvax bounced at 34.50, where there's strong support= EMA 200 on the daily chart. At the moment, we have broken the trendline and are currently testing prev week mid and monday mid also previous small rezistance.
If we manage to hold, I expect the price to shoot up to 38.96, and from there, I anticipate the price will go back to test the level of 37.68. If it holds, I’ll be opening a trade.
If you want you can buy now: TARGET - 38,90
SL- 37,09
AVAX BULLISH MOVING INCOMINGHi,
AVAX bulls are fighting for recovery.
I'm bidding at this price.
Setup looks good. All we need is an impulse if you can wait for an impulse that's your choice.
Buy $37
stops below $30
profits at 100$
90$
150$
Let's wait and see. People ask me why these stops are so big because I don't play for pennies.
AVAXUSD Will the 1W MA50 hold and push the Cup & Handle higher?Avalanche (AVAXUSD) is about to complete a Cup and Handle (C&H) pattern on the 1W time-frame and currently the Handle part has found Support for 3 straight weeks on both the 1W MA50 (blue trend-line) and the 1W MA200 (orange trend-line).
This is also on the 0.5 Fibonacci retracement level of the Cycle. Technically we should see in the coming weeks the start of the 2nd Bullish Leg of the Bull Cycle and if it follows the C&H dynamics, we can expect it to target the 2.0 Fibonacci (blue) extension at $240.00.
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