AVAX's run may take a breather⬨ I'm anticipating it consolidating between $31 and $33
⬨ The Composite Index and Detrended Price Oscillator are both at their respective historical resistance levels
AVAXUSD trade ideas
AVAX- morning star candle patternAVAX- morning star candle pattern
-Reversal signals.
-Inversed HnS forming pattern at the bottom.
-Key level support.
-Demand zone support.
AVAX - Legendary W Breakout about to happen?Hello guys,
Avax looks like it might have finally formed one of its legendary W Patterns that always pave the wave for an insane breakout.
Not given but possible we have the bottom in and trend up without really pulling back from here.
AM long lOl
Cheers, Mo;
AVAX 2024- Fast Update.
- Everything in Graphic.
- Buy Breakout 50$++. ( always wait Weekly candle on Monday to have confirmation ).
or
- Buy Retracement : 18$ ish ( 25% invest ).
- Buy Bottom : 10$ ish ( 75% invest ).
- TP1 : 150$ ish( old ATH )
- TP2 : before 380 to 500$ ish ( Just don't be greedy ).
Play S4fe
Happy Tr4Ding !
AVAXUSDTAVAXUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
AVAXUSD Bottom formation in process. Target $105.007 months ago we published the following analysis (December 14 2023, see chart below), expecting Avalanche (AVAXUSD), to correct back to the 1.0 Fibonacci level after a potential $55.00 hit:
As you can see the price action didn't fail to deliver our projection, in fact it followed very tightly the February - July 2021 pre-rally pattern of the previous Bull Cycle. Right now it has found Support on the 1W MA100 (green trend-line), while the 1W RSI is on the exact Support level it was on the June 21 2021 bottom.
Even though a marginal decline is possible to satisfy the past condition of slightly breaking below the 0.5 Fib, the current levels are good enough to buy again for the long-term.
As in November 2021, our Target is again the 1.236 Fibonacci extension, which is currently just above the $105.00 Resistance.
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AVALANCHE/AVAXUSDT REDISTRIBUTEWe might think were super bullish, as a trader Im following my own ideology on charts not on hyping or whatever other people say about a coin. they dont even know what they are doing.
Im expecting higher price on CRYPTOCAP:AVAX @55-60$ per coin.
Not shorting unless we have confirmation, other people automatically trade without knowing it.
how come you know the trade is valid if price or current momentum has no confirmation.
Trade at your own risk.
Im not here to make a execution of your own trade, own it or trade it.
Leverage thing is a dangerous on your account.
Not biasing the short but selling my spot at that current level.
the same thingAvax is going to return around 40$ it's the same situation of 2 month ago
And now it's time to buy this crypto
#AVAXUSD: On the way to 66.00, Buy Swing! Dear Traders,
Hope you are doing great, we have an excellent buying opportunity in form of AVAXUSD which is crypto pair with high potential, we can see price filling the imb zone and reversing from that area. Our main aim here is to wait for price to breakthrough the solid bearish trendline, and then enter when price does confirmation.
Team Setupsfx_
Reverse Avalanche...So after spending a bit of time going over charts recently I'm becoming more confident in my alt season view and have started making forecasts for what I believe will be the most obvious beneficiaries.
AVAXUSD Critical ThreatsSome fitted curved lines that could become relevant in the developments of this market. It looks gloomy with the potential resistance of the green, purple and blue, and while rebounds from these levels can happen, they can also provide opportunities if broken and retested.
Perhaps the blue one is actually more stronger than the other two, so an incursion for it can happen. Not much support curved lines for this one, but the red could be strong enough to keep it in check.
Looking at the potential rebounds at these curved line or break and retests. Open to most of possible scenarios as long as the price action looks relevant to these lines. Some arrows with possible developments highlighted in the snapshot.
Avalanche: Take a dive!AVAX continued to head toward our turquoise Target Zone (between $29.30 and $17.48). We expect a dive into this range before the low of the turquoise wave 2 is placed. Subsequently, the coin should turn around and rally above the resistance at $49.95. Should this level be broken earlier (33% likely), we will have to locate AVAX in the turquoise wave alt.3.
$AVAX - Ready to make the avalanche 3X RunCRYPTOCAP:AVAX looks primed and well-supported at this point. Likely a runner after this for the next 2 month period. A great spot buy that can convert to leverage if market follows.
AVAX update we are noticing bullish pattern is underway and per our previous analysis as below we are following long positions toward 49.18
this update is follow up the below analysis
Avalanche Buy OpportunitySo far, I have profited 450%, 56% and 223% from Avalanche. I have already shared the profits I made in 2023 in my X report, and my followers have profited with me. I don't have any Avalanche at the moment. I am waiting for this moving average to pick up. If Avalanche falls below the moving average, I will wait for my Dip Finder indicator to turn green to buy. But if it is rejected from the moving average, I will buy and hold it until my indicator lights white. I will update this post again when I buy, so I recommend you to stay tuned.
AVAX - Big One? Hi, this is my new update for AVAX. As you see we are in a big range over 6 months now and I expect we are going to takeoff in the next couple of weeks.
In the picture above you see Ethereum in 2017 and it seems that we are going to try something similar to what Ethereum did.
Right now we are in the yellow circle and we are backtesting the trendline. If it holds then we are getting ready for 170% upside with the main target 95-100$.
We have still things to settle, like the RSI and the moving averages. The RSI is still bellow the trendline.
We have good support level around 28 -31$ and big resistance around 55-65$.
Good things take time, be patient.
avax is bullishAvalanche is a layer-one blockchain known for its speed and low-cost transactions, positioning itself as a strong competitor to Ethereum. The recent developments and strategic advancements in its network have bolstered its potential for significant growth.
The current bullish sentiment in the crypto market, coupled with strategic investments in the altcoins, positions investors to potentially reap substantial rewards. As the market dynamics evolve, the altcoins are expected to outperform and achieve new ATHs in the coming year.
$AVAX needs a retest before rallying#avalanche #avax price needs correction in mid term, orange boxes are the supports. Short term bounces may become bull traps. NOT FINANCIAL ADVICE.
AVAX Possible bust cycleWith bitcoin being in a state of uncertainty, AVAX has been in a downtrend from the 150 area.
Reasons:
- Lorentzian classification sell signal plus
- ML Pivots breakout area at 26.72 (possible resistance)
- Low volume in the area meaning possibly little resistance to a downwards movement.
- If it does manage to break this consolidation area, the VPVR volume indicator shows little market participation until 16.00 indicating the potential for a free fall.
Considerations:
- We have not yet fully broken a previous consolidation zone, however the distance from the ML trendlines suggests a significant momentum down.
Please note this is only an idea and not advice on whether you should or should not risk your money. This is not financial advice. Good luck.
Levels to watch on AVAXDisclaimer: This is not financial advice. Most traders lose money. Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high-risk tolerance and the financial ability to sustain losses.
