AVAXUSDT gives Bullish indicationsAVAXUSDT has finally broken out of the consolidation zone that has been developing since early August. On the weekly timeframe, the market formed an inside bar pattern, and the price has now surged above it, signalling a bullish outlook. Like many altcoins, AVAXUSDT has tested historical lows, revisiting levels from November 2023, where a significant price surge previously occurred. On the 4H timeframe, the price action has also broken through a triangle pattern, marking the end of an accumulation phase around 20.00 and indicating a potential bullish move. The market may retest the channel border and upward trendline. The target is the resistance zone around 27.50
AVAXUSDT trade ideas
Lingrid | AVAXUSDT shows BULLISH sign. POTENTIAL LongBINANCE:AVAXUSDT has finally broken out of the consolidation zone that has been forming since the beginning of August. On the weekly timeframe, the market displayed an inside bar formation, and the price has now surged above it, which is a bullish sign. Like many altcoins, the market has tested historical lows, and in this case, the price revisited levels from November 2023, where we previously saw a significant price surge from this area. On the 4H timeframe, the price action has also broken through a triangle pattern, signaling the end of an accumulation phase around 20.00 and potential bullish move. I expect the market retest the channel border and upward trendline. My target is resistance zone around 27.50
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AVAX USDT 15M🔍 AVAX/USDT Analysis: 15-Minute Timeframe 📉
The AVAX/USDT chart on a 15-minute timeframe highlights significant upcoming times where price movements may present trading opportunities. For short-term, intraday, or scalping trades, consider focusing on lower timeframes, but always ensure to analyze these signals in conjunction with higher timeframes for a more comprehensive understanding of the market.
• August 24, 2024, 01:15, August 24, 2024, 14:00, August 25, 2024, 01:45, August 25, 2024, 20:45 - Red Lines: These times mark potential local peaks. Traders might consider these as moments to take profits or reduce exposure, as the price could encounter resistance or a downturn.
• August 24, 2024, 05:30, August 24, 2024, 19:45, August 25, 2024, 08:45 - Green Lines: These times indicate potential local lows, providing favorable conditions for accumulating AVAX or entering long positions.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC+3 (Kyiv/Istambul).
AVAX USDT 4H🔍 AVAX/USDT Analysis: 1-Hour Timeframe 📉
The AVAX/USDT chart on a 1-hour timeframe highlights significant upcoming dates where price movements may present trading opportunities. As always, it is crucial to analyze these signals in conjunction with higher timeframes for a more comprehensive understanding of the market.
• August 24, 2024, 17:00, September 6, 2024, 05:00, September 19, 2024, 17:00 - Red Lines: These times mark potential local peaks. Traders might consider these as moments to take profits or reduce exposure, as the price could encounter resistance or a downturn.
• August 31, 2024, 21:00, September 12, 2024, 09:00, September 24, 2024, 21:00 - Green Lines: These times indicate potential local lows, providing favorable conditions for accumulating AVAX or entering long positions.
When working with this 1-hour timeframe, keep in mind that these movements should be evaluated with a global perspective, considering higher timeframes to better grasp the overall market trend.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
AVAX LONGThis chart illustrates the current price action of AVAX/USDT as it approaches a descending trendline resistance. The price is currently trading near $26.77, just below a critical weekly resistance level at $32.76. The momentum indicators below suggest potential bullish divergence, indicating a possible reversal if the price breaks through the descending resistance line. However, traders should watch for rejection at the trendline or the $32.76 resistance, which could indicate further downside movement.
$AVAX - LongBullish Falling Wedge Breakout and Retest Projection for AVAX. Bullish News of Grayscale and Franklin Templeton ETFs circulating.
3 weeks of Accumulation at Buying Order Block.
Bullish Change of Character with $23 to $24 as ideal structural retest Buying Entries.
PoC on VP at $36
Falling Wedge top at $41
$AVAX - LongBullish Falling Wedge Breakout and Retest Projection for AVAX. Bullish News of Grayscale and Franklin Templeton ETFs circulating.
3 weeks of Accumulation at Buying Order Block.
Bullish Change of Character with $23 to $24 as ideal structural retest Buying Entries.
PoC on VP at $36
Falling Wedge top at $41
Avalanche (AVAX) Enters a Pre-Bull Run Accumulation Zone – perspGrayscale Investments announced the creation and launch of Grayscale Avalanche Trust along with 20 other crypto investment products, including Solana, Litecoin, Stellar, Zcash, Chainlink, etc. Hence, the positive market sentiments have lit up as the AVAX price makes a bullish move towards the interim resistance zone between $28.29 and $30 from the lows below $20. However, the price is believed to have entered a preparation period which could be followed by a massive upswing.
The long-term price action suggests the price is heading towards the end of the accumulation phase. The token has undergone a similar consolidation that it displayed before the beginning of the 2021 bull run. Hence, a breakout from the current range could attract massive bullish attention, eventually triggering a fine rise, which may further transform into a bull run. However, the target remains slightly elevated, as the bulls do not appear to be well in position at the moment.
The Bollinger bands have begun to converge but are not showing the possibility of an expansion, which indicates a breakout. Besides, the levels of the DMI are approaching each other for a bullish crossover, which may consume some more time. Therefore, the AVAX price may continue to maintain an ascending consolidation and surpass the interim resistance zone. However, after surpassing the average bands of the Bollinger and rising above 0.236, this may validate a surge above the bearish influence.
Therefore, considering the Fibonacci levels, the new ATH could be above $154 in early 2025 if the Avalanche (AVAX) price breaks above the consolidation before the end of Q3 2024.
AVAXUSDT SIGNAL AND UPDATEI told us that ill update us on some ALTs that are ready for longs
this is BYBIT:AVAXUSDT.P , below are the teachnicals that are met
Bull Bear Power(BBP): its bullish on 5hrs TF
EMAs : are giving strong buy indications
MarketCipherB: bullish on aa daily TF
delow are thr signal details
enter: now
TP: 27.5
SL: 20.0
Leverage : 3x
follow for more, follow me on all socials, including TG.....
Is AVAX About to Make a Big Move? Here’s What You Need to Know!Yello, Paradisers! Are you ready for the next potential big move on #AVAXUSDT? Our latest analysis shows a significant shift in momentum that could send this asset soaring—or tumbling. Let's dive in!
💎#AVALANCHE has recently broken out of a descending resistance, signaling a possible upward trend. The key level to watch right now is the $19.82 support zone, where bullish momentum is building. If this support holds, we could see a strong bullish push towards the next resistance levels.
💎Should #AVAX maintain its upward momentum, we’re eyeing potential targets at resistance levels above. This could be the start of a significant rally, so keep a close watch on those price levels.
💎But we always prepare for all scenarios. If #AVAX fails to hold the $19.82 support and breaks below it, we might see a pullback to the lower bullish Order Block (OB) level. However, a drop below the $18.31 mark could trigger a bearish trend, potentially leading to a significant price decline.
This is a critical moment for AVAXUSDT. The coming days could define its next major move, whether it's a surge towards new highs or a correction to lower levels. Remember, in trading, it's crucial to stay discipline.
MyCryptoParadise
iFeel the success🌴
Are we going to see lower low?I entered a long position as I mentioned in the last idea on $AVAXUSDT. What BINANCE:AVAXUSDT doing is most likely to go down to the 19.5 area first, because there is no big impulse and CRYPTOCAP:BTC.D is not giving a chance to alt-coins. The yellow line is very crucial which is holding the last lowest point since the last higher high. But if the yellow line breaks in the 4H and 1D timeframe we are likely to see the 15.5-14.5 range before the big impulse.
Avax cooked 81424Avax and the rest of the market look fried af. Should we be sitting on some cash. Setting some orders DEEp into the order book. By all means, keep some skin in the game. Just for the sake of the coin flip. But imo this looks bad but we can never be certain. Potential to get a huge swipe to much deeper levels. ok if ur a moonboy I think you are crazy but mayabe im jaded after all these cycles.
I am so glad I took aggressive profits at 70k just kept selling every hype news. If crypto is so great why are we seeing so many scam pumpers out like the media trying to push it down our throats? be careful imo REAL things have been king for a long time. If you arent buying real things with your crypto profits you are just a cultist.
AVAX LongAVAX/BTC looks good and so does the USD pair here. Can limit risk below the range which was flipped. Will probably keep this one open for a few days if it recovers strong.
CPI data came in good! But we sold off. After the big drop from current weeks and Asia session chaos, I think we locally bottomed and could see a bounce across tons of ALT/BTC pairs. AVAX is one that stood out to me.
Got long and lets see.
AVAX - Daily Chart Analysis - A Short Term Opportunity#AVAX/USDT #Analysis
Description
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+ AVAX has formed a nice falling wedge pattern and also the price has hit the major support zone.
+ A clear breakout from the falling wedge is required for a confirmed bullish trend.
+ We will enter the long trend only after the confirmed breakout from the falling wedge.
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VectorAlgo Trade Details
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Entry Price: 23.86
Stop Loss: 16.86
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Target 1: 29.92
Target 2: 35.25
Target 3: 43.69
Target 4: 62.57
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
AVAX - TRADING AT KEY SUPPORT LEVEL#AVAX/USDT #Analysis
Description
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+ AVAX is currently trading at a key support level, and holding this level is crucial for maintaining further bullish momentum.
+ A falling wedge formation is also visible, and a breakout from this pattern could drive the price higher.
+ A clear reversal from the support zone is needed to confirm the bullish trend. We can enter a long trade at the current price, with a stop-loss set below the support zone and a target at the local resistance.
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VectorAlgo Trade Details
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Entry Price: 20.88
Stop Loss: 15.93
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Target 1: 28.10
Target 2: 37.44
Target 3: 48.62
Target 4: 62.34
Target 5: 87.40
Target 6: 99.28
Target 7: 133.97
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
AVAXUSDT.4HToday, I’m analyzing the 4-hour chart of AVAX against USDT on the Binance exchange. AVAX is currently trading at approximately $21.23, showing slight fluctuations within a downward trend observed over recent weeks.
Key Resistance and Support Levels:
The chart indicates a clear resistance level (R1) at $26.63, which AVAX has previously struggled to surpass. There’s a further resistance (R2) that is not within immediate reach, suggesting it’s at a much higher level. The primary support (S1) is at $17.12, which is significantly below the current trading price, indicating a potential downside risk if the bearish trend continues.
Technical Indicators Analysis:
• MACD: The MACD line is close to the signal line but slightly above, suggesting a possible mild bullish crossover. However, both lines are near the zero line, indicating overall weak momentum in either direction.
• RSI: The Relative Strength Index is at 54.20, which is near the neutral 50 mark, suggesting a balanced condition between buyers and sellers. This neutral RSI hints that there might not be strong buying or selling pressure at the current level.
Analysis:
The trend lines drawn on the chart show a descending pattern, indicating that the overall sentiment in the market has been bearish. The current trading price near the upper trend line also suggests that AVAX is testing this bearish trend line as a potential resistance. If AVAX breaks above this trend line, it could signal a shift in market sentiment from bearish to bullish.
Conclusion and Trading Strategy:
Given the proximity of AVAX to the trend line and the mild signals from MACD and RSI, my strategy would involve cautious observation for a potential breakout above the trend line. If AVAX manages to sustain a breakout above this line and moves towards R1 at $26.63, it could present a buying opportunity with a target near R1. Conversely, if AVAX fails to break the trend line and starts declining towards S1 at $17.12, it could suggest that the bearish trend is still dominant, and a short position may be considered.
In summary, the current setup warrants close monitoring for signs of either a bullish reversal or continuation of the bearish trend. Setting stop-loss orders just below the trend line in case of a long position, or just above it for a short position, would be prudent to manage risks effectively.
AVAX local trade for the next weekLocal trade for BINANCE:AVAXUSDT
here is fresh quick logic for AVAX
Possible Targets and explanation idea
➡️zoom in and mark range weekly High and Low. inside mark high and low daily
➡️4h timeframe mark potential zones and data what indicators shows
➡️ADZ - we are in accumulation)
➡️Tradeon - was signal to buy, but we missed so by logic we are bullish and ill try open long on weekly sweep with target sweep previous Weekly high
➡️MoneyPower - money inflow but would be good to see one sweep and new money inflow zone
➡️MarketMood - looks good we are desbelife zone
buit this logic for 4h can add alert to my zone of interest and wait! or add alerts on indicators. Every time use stop loss
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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AVAX ANALYSIS (1D)From where we entered Start on the chart, it seems that the AVAX correction has started.
The correction seems to be a diametric that we are now in wave E of this diametric.
Now we have determined the best demand range on the chart. We will look for buy/long positions in this range.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You