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.
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AVAXUSD trade ideas
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}
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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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/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
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
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:
Kindly LIKE, Comment, Criticize and Follow.
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
-------------------------------
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 $as we can see the chart is under the POC and from the Stochastic RSI it's trying to go up because it reached the higher low, but there is something we should consider from the volume profile, clearly there is a D shape. personally I don't recommend to trade in the area of a D shape or B shape, because it's an accumulation area and the price usually going random up and down, so if you wanna take a risk don't don't forget to respect the risk management and trade with a low amount hopefully the price will go to 97.2$