Take a step back and just wait for the rebound on $AVAXJuly 2021 we had a similar move in CRYPTOCAP:AVAX
Price is expected to find the support over the year long channel, and then find again the top of channel with possible 1500%
AVAXUSDT trade ideas
AVAX LongMarket Structure:
The price is currently in a downtrend, making lower highs and lower lows.
The chart shows a significant recent low near the $24.40 level, which is identified as "Sellside Liquidity."
Key Levels:
Imbalance (Monthly): This area, marked on the chart, suggests a zone where there was an imbalance in trading volume, likely indicating potential resistance or a target area.
Sellside Liquidity: This level at approximately $24.40 is where there may be a cluster of stop-loss orders for long positions, representing potential liquidity for the market to tap into.
Fib Retracement Levels: The chart indicates the 0.5 Fibonacci retracement level, suggesting it as a potential resistance or target area.
Potential Trade Setup:
Long Position Entry: A potential long position could be considered around the $24.40 level, targeting the upper blue shaded area (around $34.00 to $36.00) as a take profit zone.
Stop Loss: A stop loss could be placed slightly below the $24.40 level to manage risk, considering it as the last significant support area.
Take Profit: The target take profit zone is indicated by the blue shaded area, aligning with the previous resistance and Fibonacci retracement levels.
Summary:
The trade idea involves entering a long position near the identified "Sellside Liquidity" level around $24.40, with a stop loss placed below this level. The target for the trade is the blue shaded area between $34.00 and $36.00, which coincides with the Fibonacci retracement level and previous market structure highs. This setup is based on the expectation that the price will rebound from the current support level and move towards the identified target zone.
AVAX - More downside before upside.
- Sweep the low and dip into the fvg, should trigger a nice long setup.
AVAXUSDT- AVAX dipping into the Manipulation box
- Wait for a clear structure upside break out of the manipulation box for a potential long trigger
AVAX AVAX mitigating orderblock (1) to moving downside. Order block (1) was resistance zone. Currently AVAX facing order block (2). Order block (2) was support zone.
If this support zone was fail, AVAX moving downside.
Quick swing trade on Avax - Target 50$Keeping this one short as always. Liking the market structure here on LTF. Think we should see a push coming days/next week into 50$. Once we see a breakout above this trendline the double-bottom pattern should be in play.
Stay safe!
Avax TradingTrading points
Buy around 20-30 price level
sell above 30
keep on buying when break down below 20 price range
next support around 12-14 price range
AVAX capitulationAfter a massive whale moved 2 million AVAX to coinbase the token started to sell off harshly alongside already weak sentiment. With BTC weak altcoins fell right through the floor. I did update a more reliable weekly demand zone which AVAX rapidly approaches. This is just below the long-term red fib I drew a long time ago. AVAX is one of my largest holding and I have several hundred tokens with some staked. I still think we see over 115$ this cycle, a more bullish projection is 260$ at the peak.
$AVAX📉 CRYPTOCAP:AVAX is testing a key support zone. A break below could signal further downside, but a bounce here might provide a good entry point. Watch closely for a reaction! 🚀📈 #CryptoAnalysis #AVAX #Trading
$AVAX📉 CRYPTOCAP:AVAX is testing a key support zone. A break below could signal further downside, but a bounce here might provide a good entry point. Watch closely for a reaction! 🚀📈 #CryptoAnalysis #AVAX #Trading
AVAX PriceThe Avalanche (AVAX) price traded in downtrend and has slipped below its key moving averages replicating the underperformance for the past few trading sessions.
avax short term go long, target 27.1 avax short term go long, target 27.1
AVAX has came to a support level.
AVAXusdtavax USDT MAKING lh and LL in 1 hr timeframe, looks like it can go down from here, target mention
$AVAX #Avalanche Trading IdeaAVAX/USD (Avalanche) formed a head and shoulders pattern and the price already broke its neckline. If this setup plays out and the price keeps falling my next potential target would be around $21-20.
AVAXUSDTAVAX analysis
Daily and weekly time frame
The price is near the daily and weekly demand area and can move up from this range.
For the long term, this currency can be held for higher targets
AVAX AI prediction - testingBased on AI analysis, the price movement for AVAX/USDT has indeed followed the AI model's prediction. The price prediction utilizes the following parameters:
Historical Price Data: Closing prices from previous periods.
Trading Volume: Daily trading volumes.
Technical Indicators:
RSI (Relative Strength Index): An indicator of the strength of the price trend, showing whether the currency is overbought or oversold.
MACD (Moving Average Convergence Divergence): An indicator that tracks changes in the strength, direction, momentum, and duration of a price trend.
Bollinger Bands: An indicator that measures volatility and provides relatively high and low price values.
ATR (Average True Range): A volatility indicator showing how much the price moves over a certain period.
The model uses these parameters for training and subsequent prediction of future price movements. These technical indicators and historical data help the model identify patterns and trends that may suggest future price movements. This approach enables the AI model to provide relevant and timely predictions that can be used for effective decision-making in the spot market.
Avax weekly chart analysis Avax weekly chart analysis
avax first target looking for 33 $ then to 40 $ best time to buy back now at 26 $
cheers support and like my idea
Trade setup for AVAX/USDTThis trade setup for AVAX/USDT is based on key support and resistance levels and the potential for a reclaim or bearish retest of the previous range low. I will outline both the long and short scenarios, detailing the conditions under which I will enter and exit these trades.
Current Price Action:
AVAX is currently trading around $29.
The price has been in a downtrend, as evidenced by the lower highs and lower lows on the chart.
The previous range low is a significant level that the price needs to reclaim to shift the market sentiment from bearish to bullish.
Key Levels:
Previous Range Low: Approximately $29.30.
Trade Plan:
Scenario 1: Long Position
Entry Condition: Enter a long position if AVAX reclaims the previous range low of $29.30 and closes above this level on 1h timeframe.
Entry Price: Around $29.30
Stop Loss: Below the recent swing low at $28.6.
Potential Long Target1: $30.45 (based on previous highs and resistance levels).
Potential Long Target2: 32$
Rationale: A successful reclaim of the range low indicates a potential shift in market sentiment, providing a good risk-to-reward ratio for a long position.
Scenario 2: Short Position
Entry Condition: Enter a short position if AVAX performs a bearish retest of the previous range low ($29.30) and shows signs of rejection
Entry Price: Around $29.30 - $29.
Stop Loss: Above the recent swing high at $29.75.
Take Profit:1 $28.6,
Take Profit:1 $27.1,
Rationale: A bearish retest and rejection at the range low suggest that the downtrend is likely to continue, providing a good risk-to-reward ratio for a short position.
Execution:
Monitor Price Action: Keep an eye on how the price behaves around the key level of $29.30.
Wait for Confirmation: Look for strong confirmations such as a high volume break and close above $29.30 for a long position or a bearish candlestick pattern with high volume rejection for a short position.
AVAX BULLISH MOMENTUAvax coin , will continue its bearish move until reaching the Support level then we can look for a buy and dont forget to set a good Risk Reward Ratio on your trades
It's Just only a prediction but this coin has a good potential for to get Money - we will react for that certain price
Good Luck
Lingrid | AVAXUSDT breakout of CHANNEL. Possible SHORTBINANCE:AVAXUSDT encountered a strong rejection at the resistance zone, leading to a subsequent sell-off. Despite the bulls' efforts, they were unable to muster sufficient strength to form a new high. The market has been stuck in a consolidation zone since mid-April, and I believe it may be heading towards the bottom of this range as the price has broken and closed below the upward channel. On the daily timeframe, we are currently seeing a bearish impulse leg. I anticipate the market to retest its previous lows in the coming days. My goal is to support around 29.00
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AVAXUSDT TREND MAP #AVAXhello
check this map for BINANCE:AVAXUSDT
right comment for any thoughts about it ..
good luck
Avalanche (AVAX) Analysis: Testing Critical Support Amid Market📆 Coin of the Day: Avalanche (AVAX)
About the Project:
Avalanche is a highly scalable blockchain platform aimed at decentralized applications and enterprise blockchain deployments. AVAX is the native token used for staking, transaction fees, and governance within the Avalanche ecosystem.
🧩 Technical Analysis
Daily Timeframe
This analysis focuses on daily trends, identifying critical levels and potential scenarios.
📉Support and Resistance:
Key Supports:
31.98
23.03
Key Resistances:
41.42
49.96
60.71
🔍 Current Scenario: Testing the Demand Zone
Demand Zone:
AVAX is currently testing a crucial demand zone around 31.98. This zone has historically acted as a strong support level, indicating high buying interest at these price levels.
Implications of Holding the Demand Zone:
Potential Reversal:
If AVAX can hold above the 31.98 level, it may indicate that buyers are stepping in, potentially leading to a reversal. This could lead to a bounce towards the next resistance levels at 41.42 and 49.96.
Confirmation Needed:
For a bullish reversal, it's essential to see confirmation through increased volume and a break above the descending trendline.
📉 Bearish Scenario: Break Below Demand Zone
Immediate Implications:
If AVAX breaks below the 31.98 demand zone, it would suggest that the selling pressure is overwhelming the buying interest, leading to further downside.
Next Support Level:
The next significant support level to watch is around 23.03. A break below the demand zone could lead to a swift move towards this lower support, as the lack of strong support in between could accelerate the decline.
Volume and RSI Analysis:
Volume Analysis:
Recent trading volume has been moderate. An increase in volume is needed to support any significant move, whether it be a bounce from the demand zone or a break below it.
RSI Analysis:
Current RSI: 34.11, indicating that AVAX is nearing oversold territory. This could suggest a potential buying opportunity if the price holds the demand zone.
👨💻 Trading Positions
Long Position
Entry Trigger: Hold above 31.98 with confirmation from RSI and volume.
Strategy: Open a position if the price confirms a hold above this level, targeting higher resistance levels at 41.42 and 49.96. Use tight stop-loss orders to manage risk.
Short Position
Entry Trigger: Break and retest below 31.98.
Strategy: Open a position if the price confirms a break below this level, targeting 23.03. Adjust stop-loss orders accordingly.
📝 Avalanche (AVAX) is at a crucial demand zone, and its price action around this level will be pivotal. Traders should closely monitor the 31.98 level for potential bullish reversals or bearish breakdowns. Volume and RSI trends will provide additional insights into momentum shifts.
🧠💼 Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2.
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