AVAX we good?AVAX failed to hold above $50 looking for another support. I'm thinking down there around $42, $40 is fine too.
AVAXUSD trade ideas
Avalanche Bullish Spring Avalanche Bullish Spring?
Falling wedge with potential to rise above $65,00.
Current price: $47,04
Marketcap: 10
Stoch Rsi = Bullish
Rsi = Neutral > Bullish
Macd = Neutral > Bullish
AVAX Buying Opportunity at 45 AVAX broke 50.50 and appears to be correcting.
We're eyeing an entry around 45.00 (100% Fib extension).
Aware of potential BTC/ETH pullback in a double correction impacting AVAX.
Target: 51.70 (T1) & 85.00 (T2).
Stop-loss: 34.80
Risk 1%
Sell AVAXNot longterm... just dabbling with trading at the moment. It's a clear and beautiful 1H breakout sell.
Avalanche (AVAX) Bearish Short TermAVAX is at a crucial level atm, $48 didn't hold Support. Be sure to watch out for this, because a break below could accelerate selling pressure and pull the pair to $42-$44 creating a new Level of Support.
Current Support Broken= $48
New Support Level= $42-$44
This short term bearish view will be invalidated in the near term if the price turns up and holds above the $50. AVAX price could rise to $60 and thereafter attempt a rally to the overhead major resistance at $65.
AVAXUSDso good sequence, what u see ?
share with me ur opinion,
in math I TRUST
be careful there is 2 demand zone .
will be updated if we have a change of character
AVAX/USD/AVALANCHE UPDATEDThe previous idea on last December price 47$ of CRYPTOCAP:AVAX and I am expecting to be redistribute after the 60$ but I was wrong about it, since the surge continues, Now the CRYPTOCAP:AVAX can clear this highs of 100$. But this idea is too speculative, I am not sure either if price can go there.
But this is crypto all things works once the public buying it. anyone here has the spot of 17$ a share last dip can still win or ride the 100$..
This is not a financial advice.
Only Gods and the dead can seem perfect with impunity""
How I would trade AVAXUSD on the 1h timeframeTriangle forming on the AVAX/USD 1H timeframe.
I would wait for confirmation that the breakout has occurred, then enter the trade and exit at one of the targets.
If the price touches the support line 2, my trading setup would have been invalidated and I would not enter the trade.
Trade safely and remember to set your stop losses!
Avalanche (AVAX) Resistance= $64.87
Support= $50.92
Next Target!= $70.08
Ascending Tri pattern forming, but AVAX could drop back down to rest the support level
AVAXUSD is in bearish trend.Its chart is confirming bearish movement according to DOW theory and three black crows are also confirming its bearish movemnet so we can take entry at the closing of candle.
AVAX - Heading to 69CRYPTOCAP:AVAX
Key Level to Watch: 50.44 (red 4)
Scenario: Completing Wave 5 (red) targeting 69-74 area (1.23/1.61% inverse Fibo ext. of wave 4).
Break Below 50.44: Opens the door for a correction towards 45-37 area.
Remember, this is not financial advice.
Avax BreakoutIf price breaks out of the symetrical triangle to the upside, breakout target redline which has served as support/resistance.
Avalanche: Bounced Off ⛹️♂️AVAX bounced off the upper edge of our blue Target Zone (between $50.42 and $41.83). Although the low could already be in place, we still primarily assume a deeper dive into our Zone before the low of the blue wave (ii) is set. Traders could use the range to open long positions. To minimize risk, they could place stop orders about one percent below the lower end of the range. A drop below the Zone would trigger our alternative scenario (27%), which still sees the price in the turquoise-colored wave alt.2. This move would reach the same-colored Target Zone (between $29.30 and $17.48).
AVAXUSD $104 is the minimum target on this run.Avalanche (AVAXUSD) has been trading within a Channel Up since the October 19 2023 Low and at the moment is halfway through its 2nd Bullish Leg of the sequence. So far it has been replicating to a fair extent the previous Leg, trading above the 1D MA50 (blue trend-line), which shouldn't be touched again before the next peak.
If it continues to repeat the sequence, then we can see $155 as a peak (Higher High), since the previous leg topped at around +470% from the bottom. We take a more conservative target however, aiming for the April 02 2022 High at $104.
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Long AVAXTargeting $60 with profits along the way. Neckline on this Cup and Handle pattern has been broken and we have a good entry price here at $42. SL will be just below $40 with a rrr of 5.8.
AVAX long idea @ 48.50AVAX 3 waves back into resistance. Buying the dips
Open 48.50
TP1 @ 53.32
TP 2 @ 68
SL @ 42.43
Avax Long idea @ 54.44AVAX broke above 50's (Wave 1 from 9'ish lows) and opend the room for a wave 3 with a minimum extension to the 68 area. From 27 (Wave 2 ) it is developing a 5 waves structure to the upside that could reach 63 area before a bigger pullback happens. Actual retracement should reach 23.6-38.2% of waves 2 so we try to jump in wave five with the following setup: Open @ 54.44; T1 @ 56.23; T2 @ 64; SL @ 51.60
AVAX LONG OOPORTUNITY | $46 SOONA symmetrical triangle is forming on CRYPTOCAP:AVAX 2HR chart. This pattern has a high probability for an upward breakout with current market alt coin conditions ( CRYPTOCAP:TOTAL3 up 1.4% today). Price target is $46 which is a 6.68% gains from current levels. Wait for confirmation and jump in.
DYOR and bring homes those gains!
2 potential targets for for AvalancheThe smaller one is actually an inverse h&s target the higher one is a potential bullflag breakout target. *not financial advice*
ATH supply I see a lot of confusion here.. i looked into avax price action, and there's a 3M breaker controlling the price. Those who know this asset, can also notice that price loves 1.618 fib, therefore, the top of the fork is precisely the ATH and also the 1.618 algotarget from the 3M bullish breaker. 😉
AVAXUSD: Avalanche Elliott Wave History and Potential2024-01-17
The Avalanche token AVAX was created about September 2020, and began trading on exchanges about a year later, after an investment of 230 million USD by an investor group.
The all-time high of the token is US$ 147.50, achieved shortly after its listing. Since then it has been trading downward alongside the general crypto winter of 2022 to a low of $8.62 (Coinbase) on September 25, 2023.
Since the last week of September 2023, AVAX caught the spirit of the new crypto bull market, and commenced a complete five-wave Elliott Wave impulse peaking on Christmas Eve (12/24) at exactly $50.00, a psychological level that is also just short of the first historical chart resistance at $51.25.
Since Christmas, AVAX has been trading down as low as $31.25, in what appears so far to be a simple sharp A-B-C correction.
For a successful run to a new all-time high the token must overcome three principal levels of resistance:
- a band at the $50-52 level
- the 0.618 Fibonacci retrace level of its decline from ATH, which also coincides closely with a structural apex of the decline.
- the all-time high at $147
Since the token has seemingly completed an entire Elliott Wave impulse, and has therefore formed a new wave one top, we can use this value to project the future potential for advancement, potentially into open price discovery above $150. However, the complete analysis relies on the certainty of completion of wave two, which needs to be confirmed.
The chart shows what this may look like in the large black wave, of which wave three ends at about $550. If the past angle of attack, or slope, continues to prevail, this should complete sometime in Spring.
Next Target $57.24$57.24 was calculated by using ATR with percentage in price at 6.5. Just because you have some small dips, doesn’t mean percentage in price gets void, eventually will move up to its destination.
Bullish Month AVAXBullish Month AVAX?
Trading at $42
Stoch Rsi = Bullish
Rsi = Neutral > Bullish
Macd = Neutral > Bullish
