Avax breaking resistanceAvax and alts are breaking resistance to the upside, the stronger narratives are showing themselves. I expect 45$ here unless btc dead cats sooner than I thought.
AVAXUSDT.PS trade ideas
AVAX If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
CRYPTOCAP:AVAX update 🧵
Nice bounce out of identified AOI.
Want to see a nice completed impulse up here with a break and flip of this level.
37.51
Break back below
33.42 from here is sus.
Cheers
Avalanche(AVAX): Amazing Short Opportunity For Sure! The coin has great potential for some downward movement here, for sure, with price reaching the major resistance zone, which we will not be able to breakout from with our first attempt. As now we have started the rejection phase, we might see even further movement here for sure to lower support!
The first sign of potential reversal is RSI entering back in normal zones (after being in overbought zone)
Swallow Team
AVAX 1D BREAKOUTAVAX has closed it's 4HR candle above the Kijun or the dotted red line. Volume looks promising and if it stays above once the 1D candle closes, we good to go crypto bros.
Avalanche(AVAX): Wait For Perfect Setup!Coin has been having some recovery after being in an "oversold" zone with RSI.
We are looking for any potential movement to the upper zones (towards EMAs and resistance zones) from where we want to see a nice rejection happen and, of course, a downward movement as well!
Swallow Team
AVAX: Channel DownTrade setup : After getting rejected at $50 resistance, price has been pulling back, forming a Channel Down pattern. It appears on the brink of a breakout but it’s too early to tell. We wait for confirmation, if price can break above $35 key level.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Neutral on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $25, then $19. The nearest Resistance Zone is $35 (previous support), then $50.
AVAX - LOCAL AND GLOBALIt looks like all the other altcoins.
In short, we go to the 0.5 zone with corrections.
After the accumulation set, we go to update the local high.
$AVAX is looking promising!I believe in CRYPTOCAP:AVAX and I think it will break its ATH and hit those targets which represent 1.61% and 2.61 Fibo. this chart keeps me patient.
free in R/2📊Analysis by AhmadArz:
🔍Entry: 30.71
🛑Stop Loss: 30
🎯Take Profit: 31.32 _ 32.14 _ 33.26 _ 34.34
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Anatomy of Trade: Jan 27, 2024BEFORE I TAKE A BATH AND GO TO THE GAME, I DID THIS.
MAYBE IT'LL WORK OUT, MAYBE IT WON'T.
LET'S SEE HOW IT GOES.
smashkeyboardtoallowposting
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Anatomy of Trade: Jan 27, 2024BEFORE I TAKE A BATH AND GO TO THE GAME, I DID THIS.
MAYBE IT'LL WORK OUT, MAYBE IT WON'T.
LET'S SEE HOW IT GOES.
smashkeyboardtoallowposting
fsdjfhkjenrwe,nmflsdvhdfkbw.dmascjgelrwerl;jsgdmfgkdfgdf
Bearish butterfly pattern avaxusdt Bearish butterfly pattern Avaxusdt . we will have a little correction. remmeber that the correction would be little.
AVAXUSDT ShortSell Entry at 31.97
Stop Loss at 32.13
Take Profit at 30.65
Window from now until 16:00 (01/24)
Considering Quarterly Theory, Time Doubling, Sessions and FVGs, OBs, Breaker Blocks, Liquidity, Fib Levels
SasanSeifi 💁♂️ AVAX / 6H - $27,$22❗Hi there!
🔹As you can see, the price has been in a corrective trend since the $50 level. After breaking the $34 LOW level, the price has again faced a correction from the $40 liquidity level and is currently at the $32 level. I expect the price to continue to correct until the specified demand zones. My targets are the $27 and $22 price levels. If these levels are maintained and confirmed, I think they could be a good entry point, and we could see positive fluctuations from these price ranges.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Gartley Bullish pattern , AVAXUSDTThere is a Bullish Gartley pattern in the chart of Avaxusdt.at the same time RSI is in the overbought condition. also the type of candle in the D point illustrates a suitable reject of price.
I suck at this shit lolwell...
It turns out price is at an uptrend, and it only went down to take the UPTREND .618.
Well, anyway, thing I learned today is to....
1. Set a quota per day (5usdt in my case), and to move SL to 5.5usdt so that whatever happens, I'm good for the day.
2. Allow myself to lose 3x per day while only risking 2% capital per day.
Let's see if I can follow those two, and see if it helps me improve my shit.
lmao.
i'm out.
MAXLEV PATTERN: NEW STRAT? OR A REFINEMENT OF THE OLD?After buying a trading book... damn, I'm overwhelmed again lol.
But, I guess having the indicators were just for additional volume confluence?
Basically overall shit is still the same.
SMC POI
LEVELS(S/R BASED ON PIVOT & PDL/PDH)
VOLUME PROFILES (STATIC & DYNAMIC)
TIME RANGE SWEEPS
But I think I realized something.
I used to mark SMC stuff first, but in actuality it should be the last.
Use pivot to establish day bias.
Use volume to see how price reacts to pivot/bias.
Use Time Ranges to check for sweeps whether continuation or reversal.
Use SMC/ICT to optimize entry on the 5min TF.
We'll see how it goes.
Bullish Reversal in Sight for AVAX/USDT on Higher Time FrHello, fellow traders!
Today, I'd like to share an exciting observation on the AVAX/USDT pair, which is currently showing promising signs of a bullish reversal on higher time frames. After a period of downward movement, it seems that Avalanche (AVAX) is gaining momentum against Tether (USDT), signaling a potential shift in market sentiment.
Key Observations:
Trend Reversal: The higher time frame charts are indicating a reversal from a bearish to a bullish trend. This change in trend direction suggests a growing confidence in AVAX.
Potential Upside Movement: Based on this reversal, we can anticipate an upward trajectory in the price of AVAX relative to USDT. For those looking to capitalize on this movement, considering long positions could be a strategic approach.
Technical Analysis: The analysis is grounded in a technical approach, focusing on price actions and historical movements. As always, I recommend keeping an eye on key resistance and support levels to refine entry and exit points.
Trading Strategy:
Entry Point: Look for confirmation of the bullish trend through additional indicators or candlestick patterns.
Exit Strategy: Set clear profit targets and stop-loss orders to manage risk effectively.
Risk Management: As with any trade, it's crucial to assess your risk tolerance and adjust your position sizes accordingly.
This observation presents a potentially lucrative opportunity for those willing to ride the wave of AVAX's upward momentum. However, remember that the crypto market is volatile and it's important to do your own research and analysis before making any trades.
I'm keen to hear your thoughts and strategies on this. Feel free to share your insights or ask questions in the comments below. Let's navigate these market movements together!
Happy Trading!
AVAX: Channel DownTrade setup : After getting rejected at $50 resistance, price has been pulling back, forming a Channel Down pattern. Notice that the price is also nearing oversold levels (RSI ~ 30) just as it approaches $25 support. That’s also 78.60% Fibonacci Retracement level (potential support) of $25.70. Hence, near term, we could see price bounce up to $30.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $25, then $19. The nearest Resistance Zone is $35 (previous support), then $50.
AVAX USDT LONG SWING | AVAXUSDT | LONG @ 14 - 16 | TP @ 16.5, 17, 17.5, 18, 18.5 | SL @ 11.5 | PATTERN = FALLING WEDGE | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames.
BINANCE:AVAXUSDT BINANCE:AVAXUSD COINBASE:AVAXUSD BINANCE:AVAXUSDT.P KUCOIN:AVAXUSDT BYBIT:AVAXUSDT.P BITFINEX:AVAXUSD BITSTAMP:AVAXUSD OKX:AVAXUSD.P
back to breakeven(AVAX)📊Analysis by AhmadArz:
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
AVAXUSDT.PI've observed a significant upward movement in the 4-hour timeframe, indicating a potential trend reversal. However, it's crucial to acknowledge the substantial fluctuation within the 4-hour Order Block, underscoring the need for confirmation.
Despite the pronounced fluctuations, the 4-hour Order Block remains unbroken, and the overall trend is still bullish. Concurrently, the 1-hour timeframe signals a downtrend. In light of these conflicting indicators, it is not advisable to consider a long position in this zone. However, with effective risk management, one might consider entering a long position at the current price on the chart
After reaching the 1-hour Order Block, and upon receiving confirmation in the 15-minute time frame, a potential short position could present a favorable opportunity
I am trying to explore all possibilities and map the path of the market in the future. I hope my analyses help you gain profits. It would be my pleasure to hear your thoughts on the analysis.
AVAXUSDT.1DBased on the given market data, the AVAX is currently trading at $33.22. The coin has a relatively neutral RSI on the 4-hour chart at 43.23, which means it's neither overbought nor oversold. The MACD on the 4-hour chart is negative, suggesting a bearish momentum.
The Bollinger Bands on the 4-hour chart indicate a possible resistance level at $34.56. The support levels are at $30.95, $29.22, and $25.46. If AVAX breaks below these support levels, we could see further downward movement. However, if it breaks above the resistance level of $37.73, it could test the higher resistance levels at $41.92 and $43.65.
On the daily chart, the RSI is slightly lower at 40.11, which may indicate a bearish trend. The MACD is also negative on the daily chart, further confirming the bearish momentum. The Bollinger Bands on the daily chart show a potential resistance level at $40.04. The support levels are at $30.92, $22.98, and $20.70. The resistance levels are at $41.88, $50.10, and $53.66.
The 7-day RSI is at 67.82, which is closer to the overbought territory. This could indicate a potential price correction in the near term. The MACD on the 7-day chart is positive, suggesting a bullish momentum. The Bollinger Bands on the 7-day chart show a potential resistance level at $47.63. The support levels are at $22.42, $8.75, and $3.00. The resistance levels are at $50.10, $54.0, and $63.25.
In conclusion, the short-term indicators suggest a bearish momentum for AVAX, while the 7-day indicators hint at a bullish momentum. It's essential to monitor the market closely and consider other factors before making investment decisions. Always remember that cryptocurrency investments come with high risks due to their volatile nature.
