Avax Is Dirt Cheap...Have been accumulating more as prices keep falling and I suspect we're not too far off a bottom - 2022 is the year of alt L1s as stuff like this and Solana chip away at ETH dominance.
AVAXUSD trade ideas
Avalanche (AVAX) at critical supportAvalanche (AVAX) at critical support...
... volume profile support
... FIB golden pocket
... support on OBV
Will these 3 support-combination be strong enough? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
AVAXUSD Pulling UpAVAX looks bullish at the H3 for potential targets: 71.62147620 and 76.04471493
The overall trend is bearish.
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Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
aka
MY MINIMALIST CHART ANALYSIS FOR AVALANCHE$AVAX
01.24.22
2450H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
This will be a good season for ENTRIES. The market has found strong support at a very bargain price for cryptos.
We will be focusing on BITCOIN and ETHEREUM as our TOP CRYPTOS. As for ALTS, ADA, POLKADOT, MANA, SAND, CURVE, MATIC, and a few others.
Basically, the outcome of BITCOIN, the ALTS tends to follow. So I am limiting my published ideas to a few, quality over quantity.
ALERT:
Looking now for an ENTRY to a short to midterm LONG SWING trade.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy:
1. RSI on an upwards trend.
2. STOCHASTICS same as RSI.
3. Volume SPIKE, lots of supplies for BUYERS to take.
4. Looking at key support at 60 zones.
5. We can then expect strong support at the 50-57, right at the bottom of the MAJOR BLUE BOX, MINOR YELLOW BOX, and the ENTRY AREA OF VALUE MARKER.
Hoping that the market does not break any MAJOR or MINOR BOTTOM of our BOXES. Again, if it does, it will be a BUYERS MARKET and good for us all RETAILERS.
Looking back months ago when the MINIMALIST BOX ANALYSIS was made.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
PUBLISHED IDEA is created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
Q/A : What are the BOXES for? It is a ROAD MAP for TARGET ZONES IDENTIFICATION.
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS, Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology .
Stay away from FOMO and FUD.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
It is all based if the right conditions are met. Generally, it will follow the MINIMALIST BOXES.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of my work.
Much thanks to my 3 great mentors. They are so much of a blessing that I also wish to share my knowledge of what I was taught.
Vive Le Autist!
Vive Le Diamond Hands!
AVAXUSDTCrypto is on a bearish run and it shows as our last idea has reached its target and is now traversing lower. We can expect for it to continue to fall unless it undergoes a reversal but may only serve to be a temporary one.
AVAX.usdt (Y22.P1.E1). Looking to long or shortHi All,
I do think its more likely to drop based on the current trend however this can also be a reversal , really depending on BTC.
I would definitely short if it breaks down
All the best
S.SAri
AVAXUSD (4H) Bearish reversalHi Traders
AVAXUSD (4H Timeframe)
A Med-High probability, entry signal to go SHORT was given at 87.19 after the market completed a bearish trend reversal pattern. Only the upward break of 95.10 would cancel the bearish scenario.
Trade details
Entry: 87.19
Stop loss: 95.10
Take profit 1: 82.07
Take profit 2: 74.19
Score: 8
Strategy: Bearish reversal
$AVAX Forming an Upwards Channel$AVAX #AVALANCHE seems to be forming a bullish channel. I like the R/R here as it is a buy at the bottom of the channel, Currently ~$90.5. Looking at a short term target near $96.5.
AVAX potential 2X play if pivot support/ma200 holds1) ma200 bounce
2) pivot support 85 bounce
3) breakout descending triangle
4) break down 85 & ma200 support
Take your pick. which will be most probable?
AVAX seems to be forming a descending triangle.
Pivot support at 85 (also near projected ma200) Measured triangle breakout targets 165(almost 2x)
Pls correct me if my analysis is wrong.
pls do own analysis befrore trade.
avax 1-13 update ~avax looks to be in a leading diagonal,
i'm targeting $101 for the fifth leg
possible it overshoots the channel if things get really heated.
conservatively though, that -0.236 algo is what i'm after.
🤑
AVAX range to watch for the next leg "down" or "up"Sloppy double bottom, pennant inside the range box just for resistance points. Breaking out of this "box" entirely could send us flying in the direction in which it broke out. Buyers are in control as of now volume-wise. As of this time, it is rejecting a certain FIB level. All on a daily time frame. Time will only tell what will happen next, that's the fun part of this. Feel free to critique, or even educate me on stuff about this, or TA in general, I would appreciate likes and follows if you like my TA style.
Pivot Yearly predictions for AVAX using hidden pivotsThis is a very basic but powerful trading idea published as part of my Crypto market analysis for 2022.
It demonstrates the earning potential, predicted by Traditional Yearly Pivots.
On top of that, it uses my Hidden Pivots Indicator that is plotting additional levels of pivots from the R6-R10 and Support Pivots (If calculation allows it, as in many cases it won't) from S6-S10.
The Indicator plots automatically on each time frame.
You can have a look at it here:
And a deeper explanation of it here:
medium.com
In the case of $AVAXUSD, you can see the four scenarios on the chart:
1.Likely in case of bear year - Downside to the S1.
2. Likely in case of bull year - Upside to the R1.
3. Likely on as very bullish cycle - Upside to the R5.
4. Likely on a bananas rocket to the moon year - Upside R10 and beyond.
For the whole long read and analysis on the pivot side of the crypto market 2022, see here:
rotzeod.medium.com
AVAXUSD Cycles with SineWaves. Is it accumulation at the bottom?Avalanche has been one of the surprises of 2021 and despite the market correction since November, it is seen consolidating in rage. I've spotted an interesting cyclical behavior of AVAX, which can provide a fairly accurate pattern to long-term investors.
As you see it is going through phases of accumulation - rise - sell off. There is an underlying Fibonacci Channel that is supporting its long-term uptrend since the September 2020 market bottom.
I've applied the Sine Waves for a better understanding of AVAX's cyclical behavior and as you see it shows that we may be currently half-way through the new Accumulation Phase. The 1D CCI hit last week its long-term Support Zone and has been rebounding since. Such hit and rebound sequences are only seen during AVAX's accumulation phases. Based on that pattern, it is possible to start seeing the new Rise Phase towards the end of February but if you have a long-term investor mind-set, this model shows that Accumulations are done on market bottoms, so the time to buy is now as if the rest of the market rises before, AVAXUSD should follow.
The next target for a Higher High is the 1.5 Fibonacci extension around $315.00.
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avax 1-10 update 🎵avax seems to be playing out my original trajectory via 👇
i seriously didn't expect to see it back down at these prices to be totally honest.
if it genuinely does get down into the 60's, i'm going to be all over it.
i don't have a stronger pick than avalanche (aside from ethereum); they are my top two going into the future.
ps. once this bottom is in, we should begin some sort of move to the upside - just not sure what that move is going to be just yet. its possible that this will complete a wave W, then we still have a larger wave X and Y to go before the real bull run begins.
AVAX at PCZ of Bullish Shark with 4hr Bullish DivergenceI suspect this shark will rally us up to around 100-107 dollars then we will reverse and continue the bearish trend down to 60 dollars as this shark seems very likely to be a Bearish 5-0 in the end.
AVAX/USD Prized BullImpulsive Wave Fractal 1 - 5
XYX Correction
Above 200 Moving Average
Moving up along Gann Trend Angles.
AVAX/USD Price Reversal Uptrend1. 4hr Chart
2.) Uptrending after reversal.
3 Moving Averages 21 / 50 / 200 and Fibonaaci Extension Level Targets (mid term)
4.) Gann Fan and Gann Fixed Box for trend levels.
nice uptrendscrab harmonic pattern:
X=$901
A=$0.35
AB=0.38 XA
BC=0.88 AB
1.6 BC=$64
2 BC=$181
2.24 BC=$344
0.88 XA=$407
2.6 BC=$950
1.13 XA=$2228
1.27 XA=$5986
3.6 BC=$13914
1.41 XA=$15640
1.6 XA=$66516
4.23 BC=$73000
AVAXUSDT Short to Local SupportAVAXUSDT is currently on a bearish run. Key level here is 88 at least, based on fibonacci. It is currently in an accumulation for ascending channel with the hopes of going back to 128 level or possibly higher.
Disclaimer: This is for educational purposes only.
avax 1\6 updategood evening,
i have reason to believe avax has or is extremely close to a bottom.
84~87 would be the area it finds buyers if the local golden zone was to break.
if this is a 1-2 setup (which is highly possible), then wave 3 target sits at $210.
if it's some kinda corrective structure, then aim for $152.
AVAX Long term bullish, short term only whales know!!! NOT A FINANCIAL ADVICE !!
AVAX, We are at the lower side of the current descending channel. There is a chance to move up-side and get rejected at the top of the channel.
For a quick swing, a position from $90 to $100 might be worth trying.
As long as we hold the overall bullish support things are looking good long-term.
If we break below the support line then it can get a bit ugly.
Remember to always have stop-loss and plan your next move. Also, be careful of StopLoss hunting of the Market Makers and Whales! Do not put stop loss exactly at obvious supports!
avax 12-29 updategood evening,
have a wolfish update on avax.
----
as some of you may know, this is my favorite project to date
i stake the projects underneath it, and am extremely bullish on the entire eco-system.
my longer term upside target for avax is at 22k (yes 22k).
----
so i have somewhat of a bullish alternative here to my last post-
there's a chance that the recent move up was a wave (1), and this little dip that we've seen over the last few days is a wave (2).
if this is indeed the case, then wave (3)'s upside target would sit at about $228 via that 1.618% extension.
conservatively, i'm only aiming for $165 on this trade (the 100% extension)
depending on the wave structure once we get closer to that area, i'll re-assess this idea & take it from there.
💸
