AVAX: Demand ZoneAVAX is about 60% down from the all time high in November. Currently, there is strong support between $46 to $60. This demand zone must hold and bounce above the main trend line for another bullish run up.
AVAXUSD trade ideas
AVAX | CHANNEL SUPPORT LOSTChannel support is gone, so we can now expect a further downside in price action with horizontal support levels of 60 and 58 coming into play. Lets see
AVAX/USDT $500 ( 1500% ) Target in 2023 As per My Chart#AVAX/USDT Bullish chart Update:-
= $AVAX currently trading at $66
= Highly Potential to hit $500
= 2000% Up after first Accumulation zone.
= 1500% Up from 2nd accumulation zone.
= 1000% Expecting from the next Accumulation zone.
= The next Accumulation zone will be $35-$40
= Red Box RSI is the Perfect Entry zone.
= Expecting RSI will hit 30
= This time Breakout did but the Waiting for Retest level which is near $40
= Target will be $400+
Guys $AVAX is a Strong potential Project for Long Term.
I am accumulating at every Big Dip.
Please LIKE and Appreciate my Hard work.
Must follow me for the Latest real Time crypto Updates.
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AVAX LONG 4.28No brainer long on avax.
Small bullish harmonic but price contraction means incoming volatility.
Day over day seller exhaustion. and target for retrace is at minimum 50% which is 5:1 R/R +22% / - 4.44%
Sure stop loss is tight but it can be 5% as well. I just like the golden ratio of 4.44.
{#AVAX $AVAX #AVALANCHE}
AVAXUSD ❕ range and channel crossingAVAX is moving in a downward channel, but still holds the lower zone of the trading range.
During the fall, trading volumes were decreasing.
I expect a further decline when the price fixes under the zone.
Avalanche: Baby One More Time! 🎤Britney Spears’ voice seems to sound in the background, singing “Hit me, Baby, one more time”, while Avalanche approaches the orange zone between $70.58 and $58.31 one more time. We expect it to dive into the orange zone to finish wave C in green and wave ii in orange. Afterwards, Avalanche should rise upwards more sustainably, crossing the resistance at $98.77 in the process. In addition to Britney’s song, we should keep in mind, though, the 35% chance that Avalanche could drop through the orange zone and fall below the support at $53.16.
AVAX USD RALLY RETRACE PART 22 Bullish targets at resistant levels 100 and 120 possibly all time high 1.47 plus.
Big retrace after ATH or resistance levels with further continuation of wave 2 to 1.618 Fibonacci Support.
This is where investors will or should after the sell off get in for the Proof of Stake project to really build up the stock for APY HODLing.
This will be a very long consilidation of support, there are only 270 mill in supply, aprox. double ETHs Ciculating Supply
This project has potential but there will be big losses for the early buyers if they dont sell off, competition for these AVAX will be huge and low cost purchase is smart money.
AVAXUSD close to starting a rally to $250.00Avalanche (AVAXUSD) has been trading below the 1D MA50 (blue trend-line) for the past week, ever since the pull-back from the April 02 High. Even though that rattled the confidence of many market participants, there is no cause for concern as this was a short-term profit-taking correction within the larger Rising Wedge pattern on the long-term.
The coin is coming off an Accumulation Phase similar to those of June - July 2021 and October - December 2020. The 1W MA50 (red trend-line) has been supporting for the past 8 months and the 1D LMACD is approaching a Bullish Cross formation. This is a bullish indicator mix, familiar with the previous Rise phases that led to Higher Highs on the Rising Wedge.
The next Higher High is expected to be close to the 1.5 Fibonacci extension. We set a $250.00 long-term target on AVAX.
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My Avax long positionmy long position for avax. definitely if DXY continued the rally the idea will be voided.
AVAXUSD ❕ downtrendAVAX movements have slowed lately, the price has remained within the descending channel and is now at the liquidity level. In case there is a retest of the upper boundary of the channel and fixing under it, then I expect to reach the level of support.
AVAX 10%+ gain target incomingToday I'm doing something a little differently. I've decided to let the charts speak in detail instead of a lot of words. If I have something special to say about the specific instrument. I will mention it here. For general Crypto updates, please take a look at my BTC update.
One thing to keep in mind is that we are in a short-term downward wave today and we haven't reached the end of it.
AVAX USD BULLISH Parallel channel short to mid term uptrend, approaching retest 100MA, entry point.
Long position to 100 and then 120 are resistant. good swing opportunity.
Daily chart MACD building momentum.
AVAX/USDT - Potential 69% SetupHello Traders!
AVAX is moving in a local uptrend, pushing the $98 resistance level several times. The price is testing the MA100 on the daily timeframe.
A "Rising Triangle" pattern has been formed on the chart, an upward exit from which shows a potential rise to the resistance level of $135.50
Looking for purchases is possible near the current price values of $74 - $82
Closing the deal using stop loss is reasonable in case the price goes lower than the level of $64
The targets will be price levels of
$125,00
$135,50
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
AVAX BuysAVAX Buys
AVAXUSD Longs, 79.0 Buys, 82.0 target.
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AVAXUSD ❕ AVAX follows BTCThe AVAX chart differs from the BTCUSD chart only in volatility, so expectations are the same here. We should wait for a breakout of the descending channel with a further retest of the resistance level with a fixing above it, and then I'm waiting for the reach of the target indicated on the chart.
AVAX trend lines#AVAX/USD
$AVAX hold the long term ascending support.
🐮 price can head up to resistance zone around $90 that is the same with ascending trend line.
break out from this resistance can increase price to resistance zone between $110 and $120.
🐻 rejection from $90 can drop price to current support that touched more than 3 times and possible to break it down to support zone between $60 and $50.
AVAXUSD (4H) Bearish breakoutHi Traders
AVAXUSD (4H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 81.36 support level. Only the upward break of 90.53 would cancel the bearish scenario.
Trade details
Entry: 81.36
Stop loss: 90.53
Take profit 1: 75.70
Take profit 2: 66.53
Score: 7
Strategy: Bearish breakout
Bulls ready for AVALANCHELooks like the bulls are ready on AVAX for a big run. LONG to the upperside of the channel
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!!!
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
