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AVAXUSDT trade ideas

Lingrid | AVAXUSDT in CONSOLIDATION: Opportunity to BUYBINANCE:AVAXUSDT is currently forming a triangle pattern, creating lower highs and higher lows. Overall, it is in a consolidation phase, which provides an opportunity to buy at the bottom of the range. The price is approaching last week's low, and I anticipate that the market may dip below this level before moving toward the upper boundary of the range. If the market rejects the support zone around 26.00, we can expect a bullish move to emerge from that support. My goal is resistance 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 👩‍💻
Long
by Lingrid
3
Long setup for this triangle Just another triangle setup for this slow moving Avax uptrend. It has claimed the lower orange ma already on the daily. If it can hold that as support I see further upside potential. If it can blast through the 31 area resistance I see even further price growth. It doesn’t look bearish unless we drop below the triangle and start forming candle closes imo. Use proper risk management here. I’m just showing the levels I think are strong for reactions. This setup is more ideal for spot trading and very low leverage. There’s still a possibility of Btc dumping from the current breakout. Which would be ideal for alt-coins to approach support levels again. Good luck! and safe trading.
Long
by Spitecrank
$AVAXUSDT: Bullish Breakout Ahead!CRYPTOCAP:AVAX has broken out of a long-term downtrend channel and is now forming a symmetrical triangle. With exciting news like the Avalanche CRYPTOCAP:AVAX Visa Card launch for crypto payments, we’re expecting a breakout from this triangle that could lead to a significant upward move. Overall, the outlook is bullish—let's see where it goes! BINANCE:AVAXUSDT Currently trading at $27.6 Buy level: Above $27.5 Stop loss: Below $23.5 TP1: $30 TP2: $35 TP3: $40 TP4: $50 TP5: $65 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
Avalanche: 2nd Rejection Below MA200Hello my dear friend, here we have an update for one of the greatest Cryptocurrency projects in the market, Avalanche (AVAXUSDT). On the chart, AVAXUSDT is trading within a bearish flag consolidating below MA200. This level, MA200, is the main resistance and a reversal is happening right below it. We can see that the trading volume continues to be average on a daily basis, meaning that there is no change to the current trend and price dynamics. The main move is a decline that started in March and this decline continues to be the main market bias. The pair is pointing toward a continuation of this move. ➖ Conditions for change If AVAXUSDT can manage to move and close weekly above $30, the bullish perspective becomes active. Any trading below $30 and we continue bearish expecting one last and major drop. If we get another drop, we go bullish based on oversold conditions. If prices we go up, we go bullish based on price action and the removal of resistance. As the chart is now, we remain bearish. Thank you for reading. Your support is appreciated. Namaste.
Short
by MasterAnanda
AVAX Breaks Out: $130+ Incoming?AVAX is breaking out! After months of downward price action, AVAX has finally broken out of a multi-month falling wedge pattern. This is a very bullish signal, and I'm expecting a strong rally in the next 3-6 months. My price targets are $130 and $228, which would represent a significant increase from the current price of around $27. Why am I so bullish on AVAX? The falling wedge breakout is a strong bullish signal. This pattern is often seen before a major price increase. AVAX has touched the 1.618 Fibonacci level. This is another bullish sign, as it suggests that there is strong buying interest at this level. The overall market sentiment is improving. This is positive for all cryptocurrencies, including AVAX. I believe that now is a great time to buy AVAX. The price is still relatively low, and there is a lot of upside potential. If you're looking for a cryptocurrency with strong fundamentals and a bright future, AVAX is a great option. Here are some of the reasons why I'm bullish on AVAX in the long term: AVAX is a very fast and scalable blockchain. This makes it ideal for a wide range of applications, including DeFi, NFTs, and gaming. AVAX has a strong team and community. The Avalanche team is composed of experienced developers and entrepreneurs. The AVAX community is also very active and supportive. AVAX is constantly innovating. The Avalanche team is always working on new features and improvements. I believe that AVAX has the potential to be one of the leading cryptocurrencies in the years to come. If you're not already invested in AVAX, I recommend that you consider adding it to your portfolio. Disclaimer: I am not a financial advisor. This is not financial advice. Please do your own research before investing in any cryptocurrency.
Long
by Broker_Hunter
Just before turning into an uptrend Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (AVAXUSDT 1M chart) The key is whether the price can be maintained above 21.39 and rise. - (1W chart) The key is whether it can be supported above 27.29, in the box area of ​​the HA-High indicator (29.24-54.14), and rise above 45.36. If the price stays above the M-Signal indicator on the 1M chart, there is a possibility that it will turn into an uptrend. - (1D chart) The key is whether it can rise after receiving support around 27.29-28.64. However, since the StochRSI indicator has entered the overbought zone, we need to look at where it will receive support when it falls from the overbought zone. If it falls below 27.29, 1st: 24.8 2nd: 21.39 We need to check whether there is support around the 1st and 2nd above. - AVAX is just now showing a movement to turn into an uptrend. Accordingly, the 28.64-31.75 zone can be considered a buy zone. If you bought in the 28.64-31.75 range, the BW (100) line is the time for a split sell. If the price rises a little more, the BW (100) line is likely to be created, so the first split trading point may be close. If the price stays above the BW (100) line or the HA-HIgh indicator, a stepwise uptrend is likely to begin. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture A full-scale uptrend is expected to begin when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
SasanSeifi| Are We Headed for $35/$40 !??Hey there, ✌ BINANCE:AVAXUSDT In the daily timeframe, we've witnessed a persistent downward trend for more than four months. Recently, the price corrected and has now entered a phase of positive volatility around the $20 level. After breaking the downtrend line, it successfully reached the critical $30 threshold, indicating significant growth. At present, after testing the $30 resistance, the price has retraced and is trading around $26. It's vital to maintain support levels between $25 and $20 for a continued upward trajectory. Looking forward, if we can hold these support zones and the price stabilizes above the 200 EMA and the $30 level, we could target a move towards $35 and potentially reach the $40 order block. For a better grasp of future price movements, it’s essential to monitor how the price reacts. Should the price fail to hold above these critical support levels and dips below the demand zone, we may see further corrections down to $15, $13.50, and $10. This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
by SasanSeifi
AVAX Confined to an Elongated Channel: Range-Bound indefinately AVAX appears to be trading within a very elongated channel, which could represent either an impulse wave (up to Wave 4 in this case) or, more likely, a WXZ or WXYXZ corrective structure. The absence of a strong upward lunge or decisive break above the upper green trendline supports the idea that AVAX is stuck in this corrective phase. Until a clear breakout occurs, the price seems confined to the boundaries of this channel. For those looking for opportunities within this range, you could consider trading the key levels—but be cautious of the lack of a decisive trend change. It’s important to keep in mind that without a strong move outside of the channel, any significant upward momentum may take some time to materialize.
by cryptechcapital
Crypto in October is "UPTOBER" by OfficialPapaRicoThere was an imbalance on the 4-hour chart that also bounced right off the 61% level. This is a long-term trade and will hopefully break new highs within the next 6 months to 4 years. This is not financial advice but I would highly invest in buying crypto and storing it in a cold wallet. CryptoBubbles.net is also a great platform to see the top 1000 coins to invest in. This is a great time to invest in at least 10 different coins. Good luck guys and see you next year in 2025 - OfficialPapaRico - October 6, 2024
Long
by OfficialPapaRico
1