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AVAXUSDT trade ideas

🚧AVAXUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi. COINEX:AVAXUSDT AVAX has created an Inverse head and shoulder pattern which means a great bullish trend is on the Horizon. If the price follows this pattern's expected movement, we shall see it reach 47$ pretty soon or at least in short term duration. The expected movement is as much as the measured price movement ( AB=CD ) . We might even see a correction one more time before ascending further. keep in mind that the next big resistance for AVAX will be around 47$. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟! ⚠️ Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
7
Avalanche (AVAX): Riding the Crypto Avalanche with Wit and WisdoWelcome back, crypto enthusiasts! Today, we're diving headfirst into the whirlwind world of AVAX/USD trading, and boy, do we have a tale to tell! So, picture this: just before the previous bull cycle decided to call it quits, we found ourselves face-to-face with the neckline of that trusty harmonics pattern we stumbled upon back in 2022. Talk about timing, am I right? But alas, the price took a nosedive, crashing through support like a bull in a china shop, landing smack dab in our cozy $10.00 - $13.00 loading zone – just as we predicted. Ah, sweet validation! Now, here's where the fun really begins. We noticed some fib levels doing a little dance, perfectly aligning with important structures on the higher timeframes. And guess what? The pièce de résistance was our neckline, serving up some serious pivot point potential. Could this be our ticket to another entry? Oh, you betcha! Ideally, we're aiming to swoop back in at the 88% fib level – that's right, a cool $24.00. But hold onto your hats, folks, because the 78% fib level is throwing some unconfirmed structure into the mix, potentially stirring up some resistance. But fear not, my friends, because we've got not one, not two, but three pieces of evidence supporting our case for the 88% + structure as the ultimate entry point. Talk about a triple threat! Now, let's talk strategy. Dollar-cost averaging is our best friend here, especially when we're investing in a project we know and believe in. And hey, remember folks, fundamentals always trump technicals. Ain't that the truth? As for targets, we've got our sights set on that previous ATH of $130.00 – a lofty goal indeed. Feeling adventurous? How about a leap of faith to the $300.00 level? Hey, a trader can dream, right? So, there you have it, fellow adventurers – another day, another crypto rollercoaster ride. Buckle up, keep those memes close, and may the crypto odds be ever in your favor! Keywords: Avalanche (AVAX), trading analysis, crypto humor, bull cycle, harmonics pattern, fib levels, support levels, resistance levels, dollar-cost averaging, investing, fundamentals, technicals, trading advice, ambitious targets, meme culture.
Long
by PlutusX
AVAX : Fake Triangle Breakout ! AVAX has been forming a triangle pattern for an extended period. The price was respecting the triangle and making higher lows. Everyone was expecting a bullish breakout and continuation of the uptrend. However, the price reacted to the fall of Bitcoin and started to fall with it. The triangle pattern: The triangle pattern is a neutral pattern that can be either bullish or bearish. The price typically breaks out of the triangle in the direction of the previous trend. The fakeout: The price broke down below the lower trendline of the triangle on 1 April. The imbalance: There is a large imbalance of buy orders in the $44 zone. This imbalance suggests that the price is likely to bounce off this zone and continue to rise. Bullish targets: The first bullish target is the $60 level, which is the top of the triangle pattern. Further upside could see the price reach $70 or even higher.
Long
by Yaroslav_Krasko
5
Analyzing $AVAX's Struggle in the $51-$56 RangeThe current price of Avalanche ( CRYPTOCAP:AVAX ) is poised to face resistance as it approaches the $51 to $56 range, which has been a challenging hurdle for the past three weeks. Adding to the concern, a bearish divergence identified on the weekly chart indicates that a correction may be imminent. However, investors looking for long-term gains may find value in the immediate support level between $45 to $50, as it presents an ideal opportunity to accumulate. It is worth noting that a shift in the $39 support floor to a resistance level could invalidate the bullish Analysis. Additionally, the recent slowdown of Bitcoin and associated sell signals may further impact CRYPTOCAP:AVAX 's short-term price. CRYPTOCAP:AVAX has recently exhibited a significant increase, surpassing the psychological threshold of $40 in late December. However, the price rebalanced in the range of $22 to $31, thereby leading to an accumulation zone. As a result of this accumulation, the price of CRYPTOCAP:AVAX has surged by 140% in just under two months. In this instance, the Avalanche price has already declined by 19% from the recent local top of $65, and more losses are anticipated. The first accumulation zone, extending from $45 to $50, represents the immediate imbalance, which is roughly 5% to 10% below the current level of $53. If history repeats itself, a dip in this zone may generate enough buying pressure to break through the $51 to $56 resistance zone and test the next significant hurdle at $80. This level represents the midpoint of the previous bearish market for $AVAX.
Long
by DEXWireNews
📈AVAX Analysis: Consolidating Between Key Levels💎🔍Today, I'm analyzing AVAX, which is currently consolidating between the levels of $58.40 and $47.72 after an upward move. Presently, it's hovering around the support at $53.12, approximately the midpoint of the range. ⚡️Following a fakeout above $58.40, the trading volume has gradually decreased, indicating ongoing consolidation. 📉For short positions, the primary trigger lies at $47.72, although $53.12 presents a lower-risk alternative. Conversely, $58.40 serves as a suitable trigger for long positions. 💥The RSI indicator is holding support at 36.53, suggesting bearish momentum upon its breach. 🚀The Fibonacci retracement aligns the 0.618 level with the support at $47.72, with the price currently above the 0.382 level. ✅A breakdown below $53.12 could encounter resistance at the 0.382 and 0.5 Fibonacci levels, potentially hindering further downward movement. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
by itsparham96
Avax to $88 waiting for breakoutPopular EVM compatible coin AVAX BINANCE:AVAXUSDT has been forming a bullish pennant on the 12 hour timeframe. Recently a number of AVAX based meme coins have done well seemingly in response to AVAX coin’s performance. According to data from coin gecko.com, the price of Avax has risen by 37.9% in the last 30 days and is up 228% over the last one year. Still this coin is down 55.7% from it’ all time high and a return to this valuation would be a 122% gain in price. Wait for a bullish breakout from this pennant or a breakout plus retest to confidently trade this upwards with an initial or short term target just above $85. Happy Trading! If you found this trade idea helpful in anyway kindly support my work by leaving a thumbs up, boost and/or sharing this post with your Crypto bros. To make sure you’re one of the first to get notified when I share a new trade idea, consider following my account. Happy Trading!
Long
by theblueinvestor
1
AVAX/USDT | 1W 👀1. I haven't sold any AVAX yet and don't plan to. I'll do it at least above $200. 2. I see huge potential in the project, so I'm ready to HODL. 3. I've marked approximate targets on the chart. - Not financial advice, trade with caution. #Crypto #Avalanche #Investment #AVAX ✅ Stay updated on market news and developments that may influence the price of Avalanche. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Avalanche #Investment #AVAX
by Nyskohuz
AVAX/USDT Potential continuation the upward movement for AVAX!💎 AVAX has recently shown significant market dynamics, rebounding from the support area, suggesting a potential continuation of its upward movement towards the resistance level around $65.5. 💎 This resistance area corresponds to a previous higher peak, and a breakout above it could pave the way for further gains, the probability of reaching our target supply zone area. 💎 However, if AVAX faces rejection at the resistance area, there's a possibility of a retracement to test the support region between $50 and $47. 💎 When AVAX approaches the support area, it's essential for it to bounce, given the area's significance. Failure to hold this support level could lead to further downward movement, potentially testing lower support areas. If AVAX breaks below this support, along with the trendline support, it would confirm a bearish trend, signaling further downward movement.
by MyCryptoParadise
Avaxusdt trading opportunityAvaxusdt is approaching a significant supply area, and we anticipate this resistance level to exert downward pressure on the price for a period. We expect a rejection from this zone, and the immediate demand area presents a favorable buying opportunity. In the event that this level fails to hold as a weak support, our focus may shift to the critical demand zone, which we believe will be vigorously defended by bull. Both areas share the same target as indicated on the chart, with the $110 price level poised for significant pressure once the price breaches the immediate supply zone. We value your engagement and welcome your feedback on our analysis. Thank you.
by weslad
7
Avalanche's Memecoin Rush Sparks Debate Amidst $1M InjectionThe recent announcement of the Avalanche Foundation's Memecoin Rush initiative, injecting $1 million into the ecosystem to catalyze community coin adoption, has ignited both excitement and skepticism within the cryptocurrency community. While the initiative aims to incentivize trading and liquidity provision for selected community tokens such as Kimbo ($KIMBO), Gecko Inu ( LSE:GEC ), Coq Inu ($COQ), TECH, and NOCHILL, some critics argue that it could exacerbate speculation and volatility in the market. The decision to kick off Memecoin Rush with prominent platforms like SteakHut and Trader Joe has raised eyebrows, with questions emerging about the criteria used to select participating tokens. Concerns linger over the potential for manipulation and pump-and-dump schemes, especially considering the recent proliferation of meme coins in the crypto space. Furthermore, the Avalanche Foundation's acquisition spree of community coins, fueled by a portion of its $100 million NFT incubator fund, has drawn scrutiny. While positive social sentiment, significant holders, liquidity, and project maturity were cited as criteria for token selection, some observers remain skeptical about the Foundation's motives and the long-term sustainability of meme coin projects. Eric Kang, BD Manager at Ava Labs, emphasized the importance of meme coins in the web3 space, describing them as a cornerstone of cultural expression within crypto communities. However, skeptics argue that meme coins often lack intrinsic value and may contribute to market instability, raising concerns about investor protection and regulatory scrutiny. As Memecoin Rush unfolds, it will be crucial to monitor its impact on the Avalanche ecosystem and broader cryptocurrency markets. While the initiative aims to foster broader support and adoption for Avalanche-native tokens, critics caution against the potential risks associated with meme coin speculation and the need for responsible governance measures to ensure market integrity and investor confidence.
Long
by DEXWireNews
Avax Up to 27 % Or Dump to 16% !?Diamond Pattern Analysis After breaking the upward trendline, a downward movement can be expected. The first target is $44 and the second target is $35. If the downward trendline breaks, an upward movement towards higher numbers can be expected. The first target is $69 and the second target is $81. It is crucial to set a stop-loss because this pattern doesn't always work accurately. Remember, this is solely an analysis, and your profit and loss are your own responsibility.
by Crypto-Oracle1
FALLING WEDGE FORMING? A falling wedge pattern is a bullish chart pattern that usually forms during a downtrend, indicating a potential reversal. If AVAX (Avalanche) is forming a falling wedge pattern, traders may look for opportunities to enter bullish positions. Here's a trade idea based on this scenario: AVAX Falling Wedge Bullish Trade Idea: Pattern Observation: AVAX has been in a downtrend, characterized by lower highs and lower lows. A falling wedge pattern is forming, marked by converging trendlines sloping downward. The falling wedge pattern typically indicates a weakening downtrend and potential bullish reversal. Personally i may consider entering at 0.618 (53.765) or Just wait for pattern to breakout
Long
by Oski_Monki