AVAXUSD trade ideas
AVAX tradecoin M30Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
AVAX tradecoin M15Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
AVAXUSD close to breaking a flag and going up!Market is about to finish retracement to the uptrend, we are 50% fib zone and a strong support, we are looking for market to break the flag and rise up. MACD is bouncing between long and short it means we are losing momentum for short position completing consolidation and reversing to go back up, also we bounced off of a bottom Bollinger band.
Entry: 73
Target 1: 95.62
Target 2: 115.65
Invalidation: 62.55
Ratio to first target: 1:2
Ratio to a second target: 1:3.74
If you want a safer entry wait for market to break a structure up, you will have a bigger stop loss and less profit, but you will have no more confirmation to which side market is going.
avax 3-4 update ~good evening,
i'm a little bullish on avax.
i think we could potentially see a move up to about $100 in the weeks ahead.
it's been preparing for this move for quite some time, and it looks primed as of right now.
pretty large squeeze that it's in on the larger frames, and it can actually launch a lot higher than what i've got shown here.
$120 is my conservative upside target for avax.
Swing HIGH in the making!As we can see on the 4 hour chart of AVALANCHE - AVAXUSD, we are now in the swing high. So we can open buy positions here targeting the upperside of the swing.
This is not finacial advice, please always do your own research.
avax 3-3- updatemorning,
quick update to my previous post via:
we hit my target to the penny, and now it's looking like it wants to expand.
expansion target sits at $96 - this level is the absolute key.
if avax could push above it, a larger move up can easily take place.
few big levels after that: $102, $108, $119.
Avalanche (AVAX) Big Resistance at $100Avalanche (AVAX) like most of the market has been in a slow steady downtrend since November of year. Since then Avalanche has been struggling getting back past $100 and has been trading under the 0.5 Fibonacci level between $60 - $95 since the beginning of this year so far.
In terms of Total Value Locked (TVL) in DeFi Avalanche ranks 5th with a total of $11.22 Billion locked. Despite the market crash and volatility Avalanche has held over $10 Billion in DeFi locked since November 2021 and has remained pretty steady. There's a huge resistance for Avalanche at $100 and even though we've had some relief we're still not quite out of this downtrend for Avalanche until we can break past $100.
Much peace, love, health, and wealth!
AVAX HAS BEEN RANGING AFTER A RALLY UP.AVAX has seen some positive moves. this asset is currently around FIB 61.8 ($80) which is also acting as a support level.
This asset may see a move up to the next FIB level at around $92 if fundamental favours this direction.
If this asset breaks down below $85, the next support will most likely be around FIB 50 ($81)
avax swing~looks like avax is gearing up for a little move,
potentially for wave C of an a-b-c.
it's possible this is also a 1-2 as well, in which case it would go a lot higher than what i have projected on my chart.
the burgundy 100% extension is the target for this trade,
a safe exit is at the green -0.236
(if it pushes to the yellow 1.618, expect a larger move to the upside).
AvA X ; now how do we pronounce it? 1 of the recent strong altsAvA X ; now how do we pronounce it? 1 of the recent strong alts
'avax' or 'ava..ex'?
wgaf right
one of the strong ones lately. bag holding for recovery pumps. dont think they are over yet.
AVAX Swing ShortTargeting previous lows after recent daily low was taken.
SL above higher liquidity gap. This is consider the clear H&S pattern.
AVALANCHE Scenarios If AVAX loses closes week below $80 again and loses $50 support it will confirm H&S with ultimate downward PT at $9. However if it holds $33 -$30 area which falls on Trendline support it will have to decide which way it go from there. $33 to $9 or $33 to New ATH. I’m currently Neutral leaning short on this crypto
AVAXUSD 4 hr - This is how i read these charts. Its like seismicThis is my best, as of right now, way to explain my usage of this info. some of it i have to say is just what catches my eye. Certain shapes. I don't assume the price will go there but i assume i am one of millions and what i think is what another would think even wrapped in a different story. So what interest me is result of my non language pattern recognition and my internal dialogue sorting through relevant world influence. Right now i am using the definition that i am following the point between belief and disbelief.
AVAX wants 80avax shark with a higher low, rsi trendline jump across the creek with successful backtest, potential c-d leg of smaller bearish bat and or gartley being painted implying upside, btc pair also shows a jump across the creek and potential bat pattern
AVAX SHORT! Bearish Divergence on the RSIBearish divergence. I see a great opportunity here being that the overall market has been showing signs of weakness. Placing a stoploss at $84. This isnt a 1 day or 1 week trade I anticipate this taking a couple months to play out. Cheers
Target #1 $38
Target #2 $24
Target #3 $14
Ascending TriangleAVAX has been trading within an Ascending triangle for a while now. Last night the PA broke out to the downside along with Bitcoin.
It is currently trading in a key support/resistance zone (white box). The bearish breakout occurred with relatively low volume and we have yet to see any kind of bearish follow through. Because of this I am looking for a move back inside the pattern and another push at the major downtrend TL. This, of course, is assuming Bitcoin doesn't decide to completely die.
Targets for potential bounces if lower are the 1.272, 1.414, 1.618 fib extensions. Measured move PT if back inside the pattern and bullish breakout: ~$140.
Avax Double Bottom T2 Return of Bullish GartleyAfter a type 1 reaction of the bullish Gartley, the price returns back to the harmonic optimized price this forms the second leg of a double bottom. Buy at confirmation of bottom, ride the neckline and take profits. After confirmation test of the neckline add more position and take profits at T2 and the measured move. Set a stop loss below $50 and below $80 for the second entry.
More upside!We have taken a LONG position on AVAX, retracement to the 0.618 level completed looking for more upside to the upperside of the channel.
AVAX, bullish trend.The following are machine translations:
AVAX is still in an uptrend.
In an uptrend, the pullback hits the uptrend line and bounces back.
Continue to see more in the direction.
Above resistance near 100.
Operate more than one order, and stop below the rising trend line.
