AVAX Bull Cycle Prediction 3/30/22AVAX Bull Cycle Prediction 3/30/22
Indicators
HMA
Williams Alligator
MACD
RSI
Last HMA cycle in august of 2021, AVAX went up 1000% at its highest point. Bearish divergence finished off the cycle in November 2021.
This prediction uses previous cycle data, and fibonacci as targets. 1-2-3-4 618 levels.
AVAXUSD trade ideas
Avalanche: Ready to AvalancheAvalanche still has time until the resistance at $98.77 to finish wave B in green, but it could also decide to avalanche into the orange zone between $70.58 and $58.31 immediately. There, it should complete wave C in green as well as wave ii in orange and use its drive to change direction. In contrast to its namesake, Avalanche should then rush upwards above the resistance at $98.77. However, there is a 35% chance that Avalanche might endeavor to emulate said namesake and slide below the support at $53.16.
AVAX Pullback for Perfect LONG Entry !Currently 0.786 fib level holding resistance as AVAX pullsback after an insane pump,
We look to LONG or BUY the retracement of AVAX to the 0.5 fib level, overlapping with the crucial support @ 103 to 98 zone (white box)
TP will be next major resistance at
TP1 123.8
TP2 143.73
SL 86.15
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Feel free to leave your thoughts and comments below ~
avax/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
The 5th wave of the minor wave (3) cycle hit sooner than expected and we've reached the bottom of the wave (4) retracement. We should be working on the last impulse wave (5) of the bigger cycle as shown. The price of wave 4 has entered price territory of wave (1), which normally doesn't happen too often, but when it does, it's a good indication that the bottom is in or near, unless its a dead shitcoin. I don't think avax is dead as there are a lot of good development from the team.
AVAX double bottom, breakout points and 50 day SMAI'm noticing this beautiful double bottom with handle on AVAX so I'm picking several points to prove my analysis. One the price continues to move up out of this handle. Two the price moves above the left side of the W. Three the price moves above the right side of the W. Four, if the price does fall down to the 50 day SMA as a test of support, it bounces off that support and moves higher.
AVAX good for 5-10% gain in the next 48hrs or soMore details of the market trend are available here:
AVAX
Entry $83.41
Exit 1 $88.90
Exit 2 $91.49
TP Target 1 6.6%
TP Target 2 9.69%
I'm doing something a little different now. I'm posting what my entries and exits are. I plan to sell 50% of the coins at Exit 1 and another 50% at Exit 2. My overall plan projects over 10% of gains in the next 48hrs. However, I will take my profits at around 5% profit for the entire basket and close out the trades if the levels are close enough. Take your winnings! 😊
As a reminder, follow, like, comment. You haven't seen anything like this ever in TradingView. Get it while the getting is good cause I have no idea how much longer more I will do this to give back to the community that has given me so much over the past 10+yrs.
A kind reminder, trade at your own risk, and best of luck to you!
If this symmetrical triangle is valid on AVAX, target= $177These seem like the most valid trendline for the avalanche usd pair on the weekly chart. If this is a valid pattern and the top trendline is correct then we should see the breakout confirmed by early April. If so the target would be $177. *not financial advice*
AVAX.Usdt (Y22.P1.E3).Go longHi All,
Perfect bump and run structure and we just had a retest on the lead in trend line.
Once we pass this 618 resistance, up it goes to the fib ext. of 1 or near about.
We will likely see a consolidation under this resistance and it would surprise me we break out soon.
It is obviously a strong resistance as in the past.
How to trade this, look for smaller time frames for an entry.
For now, I'm looking at this level on the 4 hr chart for some sort of bull flag
#AVAX #Avalanche
All the best,
S.SAri
Why AVAX Price Is Positioned For Exponential GrowthAVAX has registered a spike of around 12% in the past 24 hours. The token is trading at an average price of $90.05, at the press time. The AVAX’s 24-hour volume of $2,105,943,120 has seen a surge of over 42%. It is interesting that the coin managed to stay above the $90 resistance level. According to CoinMarketCap, the Avalanche token is the 10th biggest cryptocurrency with a total market capitalization of $24.03 Billion.
AVAX, can it break through?The following is machine translation:
Reach the edge of the breakout triangle area.
If it can effectively break through, there will be a wave of market trends.
If it can't break through, it may also oscillate in the triangle area.
Judging from the macd indicator, there is a high probability of a breakthrough, and the macd golden fork is bullish. Unless a larger pullback tonight turns into a rejection of the golden fork.
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.