AVAXUSDT trade ideas
AVALANCHE — 2024-5Avalanche is a blockchain ( CRYPTOCAP:AVAX ) platform that offers tools and features that allow users to launch DeFi decentralized applications. The platform also has a suite of tools for creating financial assets and enables trading and the building of enterprise-scale financial solutions.
Etna: Enhancing the Sovereignty of Avalanche L1 Networks
A release for the latest upgrade to the Avalanche Network, dubbed the “Etna” upgrade, was published for activation on Avalanche Mainnet scheduled for 12 PM ET (5 PM UTC), December 16, 2024 . This proposed upgrade consists of Avalanche Community Proposals (ACPs) Reinventing Subnets, Add Dynamic Fees to the P-Chain, Warp Signature Interface Standard, Reduce C-Chain minimum base fee from 25 nAVAX to 1 nAVAX, Activate Cancun EIPs on C-Chain and Subnet-EVM chains, and Use current block P-Chain height as context for state verification. The pre-released code version was successfully activated on the Fuji Test Network at 11 AM ET (4 PM UTC), November 25, 2024.
Explosive Opportunity AheadA key resistance level (marked in red) is currently being tested on $AVAX. If this resistance is broken, we could see a rapid rally, making this a critical point to monitor closely.
For those waiting to enter, the green line represents an ideal level to join the move after confirmation of the breakout. Both green boxes are excellent buying opportunities, but note that the second one may not be reached if momentum carries us upward quickly.
Key Notes:
Red Resistance Zone: Watch for a decisive breakout with strong volume.
Green Line Entry: Ideal spot to join post-breakout.
Green Boxes: Strong support zones; the first is more likely to hold.
Stay vigilant and ready to act, as a confirmed breakout could lead to significant upside movement in $AVAX.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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AVAX Price Action: From $24 to ATH and Beyond!In this video, I break down the AVAX/USD price action as it unfolds exactly as predicted months ago. From the $24 touch-and-go zone to blasting through $34 and heading toward $65, the momentum is undeniable. With the first target (+150%) nearing the previous ATH, we could see a potential 5x return from current prices if the momentum continues and ATH resistance breaks. Join me as I share my swing trading insights, strategies, and analysis for AVAX/USD, including key levels to watch and how to maximize gains in this exciting setup.
Avalanche is Lurking Hello people I hope you Doing well
This is my personal opinion and analysis. In all markets, anything can happen. So before making any decision, please consider risk management, capital management, and emotion management in your trading.
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals!
This Diamond is Lurking to Move or something? Let me tell you some of my technically ideas to have nice Pump:
CUP AND HANDLE PATTERN
The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks
This one is just with angle but i think you can see the pattern
VOLUME
As you see i drawl the flash for Volume too.this decrease in liquidity and volume is just for miners and Whales not the other traders!i bet the whales will back for this Diamond!we will see the rising volume for avax
And we have some good news for this lovely sleeping crypto Ghoul and The crypto scene in 2024 is electric. Avalanche is breaking barriers with its Avalanche 9000 upgrade, Filecoin is strengthening its grip as the backbone of decentralised storage, and Qubetics ($TICS) is rewriting the blockchain playbook with its revolutionary tools. These three projects represent some of the most promising opportunities for anyone eyeing the best new crypto to buy this year.
Btw thx for reading my Words and thx for your time:)
Good luck
AVAX SWING LONG IDEA - ALTCOIN SEASON AVAX is one of the most well-known coins, with strong fundamentals. I believe it will perform well during the 2024-2025 bull run.
The price is coming from the monthly demand zone, showing solid rejection and strength. It also broke the diagonal trendline responsible for the bearish trend. The weekly momentum is strongly bullish, and the daily momentum is also bullish, supported by Bitcoin's strength.
The price may form a small range here before taking off straight toward the purple targets.
I’ve bought a spot position here and will be holding it all the way to new highs and targets above.
Technical Analysis for AVAX/USDT Monthly Technical Analysis for AVAX/USDT Monthly
The chart highlights a Rounded Bottom pattern forming over an extended timeframe, which is a strong bullish reversal signal.
The LONGE HERE level at $36.63 aligns with the Fibonacci 0.618 retracement level, serving as a crucial support zone and an optimal entry point for long positions.
Key Levels
T1: $113.57
T2: $150.26
T3: $184.19
AVAXUSDT.1DThe daily chart of AVAX/USDT demonstrates a strong bullish trend, having recently pushed above previous resistance levels. This analysis will delve into the current price movement, examine support and resistance levels, and interpret various technical indicators.
Price Action and Structure:
AVAX/USDT has displayed significant strength by rallying past the $39.80 mark, which previously acted as resistance. The asset's price is currently near $44.95, approaching the resistance at $51.27 (R1).
Resistance and Support Levels:
Resistance Levels: The immediate resistance is at $51.27 (R1). A break above this level could propel prices towards the recent high at $65.39, setting new targets for the bullish trend.
Support Levels: The nearest support level now turns to $39.80 (S1), which may act as a new baseline for support. Further support is established at $30.52 (S2) and $20.80 (S3), which can provide fallback positions if a retracement occurs.
Moving Averages:
The asset's price movement above the dynamic support level (green ascending line) suggests ongoing bullish momentum. The price holding above this line is critical for maintaining the current upward trajectory.
Technical Indicators:
MACD: The Moving Average Convergence Divergence (MACD) shows the MACD line above the signal line but indicates a decreasing momentum as the histogram narrows. This could suggest a potential slowdown or consolidation phase.
RSI: The Relative Strength Index (RSI) is currently at 68.70, nearing the overbought territory. This level indicates strong buying activity but also warrants caution for potential pullbacks as the market may consider the asset overbought.
Conclusion:
AVAX/USDT is in a strong bullish phase, with potential to test and break the resistance at $51.27 (R1) if the bullish momentum continues. Traders should watch this level closely for breakout signals. However, the approaching overbought condition on the RSI and the narrowing MACD histogram suggest that buyers should proceed with caution, as a pullback or consolidation might be on the horizon. The support levels at $39.80 (S1) and $30.52 (S2) should be monitored for potential re-entry points if a retracement occurs.
AvaxUsdt Missed other L1 coins gains dont miss this opportunityHI Everyone,
Avalanche is lagging behind the L1s but i think its time for Avalanche to shine.
Fundamentals are good chart looks good.
The good sign with avax is that on 3day macd, it has done a bullish crossover above 0 which to me is a good early sign.
The trendline needs to break with momentum meaning body closure above 50 dollar would spark more volume into Avax.
The highlighted dips buying opportunities have been mentioned.
Targets are at 1:1 extension and 1.27 extension
The channels breakout generally lead to a strong rally as you can see in previous channel breakout
Just charting no financial advise
Enjoy the ride and buy above 50 and watch for momentum failure to exit in worst case
Best of luck
Avalanche AVAX/USDT - Long Trade 🌟AVAX/USDT
Entry Price= $45.60🟢
Stop Loss= $43.75🔴
Target= $47.90🎯💸
‼️disclaimer please read carefully‼️
*(this not financial advice, always do your own research! i am not responsible for any loss of earnings from any investments that you may make based off any of my ideas. only invest what you can risk to afford to lose if you make the decision to do so. do not invest, unless you're prepared to lose money, if not all.)
(cryptocurrency can be high-risk investments due to the volatillity of it's nature, and you should not expect to be protected if something goes in the wrong direction. seek professional advice from a certified financial advisor.)
AVAX/USDT - Bearish harmonic shark formation is loadingAVAX/USDT- update- the time to be careful is approaching for a bearish harmonic shark formation
The price continues to rise towards the channel middle band in the high time frame and this region intersects with the reversal region of the shark harmonic formation. In this case, the price is now gradually moving away from the 5-0 long direction region between 30-34. We can now talk about a correction for Avax between $59.94-$71.61. Of course, it would be appropriate to look for confirmation in low time frames for a short direction transaction and not to make aggressive decisions, without forgetting that we are in the bull season.
AVAX possible long 1:3 R:RLooking for a setup like this on AVAX. Let´s see if the opportunity comes or if this gets invalidated.
DISCLAIMER: I am not providing trading signals or financial advice. The information shared here is solely for my own documentation and to demonstrate my trading journey. By openly sharing my process, I aim to put pressure on myself to stay focused and continually improve as a trader. If you choose to act on any of this information, you do so at your own risk, and I will not be held responsible for any outcomes. Please conduct your own research and make informed decisions.