Get started

AVAX / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

AVAXUSDT trade ideas

AVAX/USDT Bullish Channel In H4A chart of the AVAX/USDT currency pair on a 4-hour timeframe. The chart displays a Bullish channel pattern. Bullish Channel : The Price has been Trading within a Bullish Channel for Some time, characterized by a resistance line at the top and a support line at the bottom. The price is currently trading at Bottom of channel pattern, if Breaks the Downside then it start Bearish Sign. However, it is still early to say whether this is a genuine breakout or a false signal. Recent News: Music industry eyes DeeStream presale after Ethereum and Avalanche whales join: This news suggests potential increased interest in the Avalanche network from institutional investors, which could be positive for AVAX price. Thank you.
Long
by KABHI_TA_TRADING
1
AVAXUSDT.1DBased on the given market data, the AVAX/USDT pair is currently trading at $40.50. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 52.54, 57.72, and 74.0 respectively, indicating a neutral trend in the short term (4h) and slightly bullish trend in the medium (1d) and long term (7d). The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are -0.11, 1.60, and 6.32 respectively. The negative MACD in the short term could indicate a potential bearish reversal, while the positive MACD in the medium and long term suggests a bullish trend. The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are 43.79, 43.57, and 52.14 respectively. The current price is below the middle band in all three time frames, indicating a bearish bias. The support levels for 4 hours, 1 day, and 7 days are $38.18, $37.50, and $27.82 respectively, while the resistance levels are $44.0, $44.0, and $49.60 respectively. If the price breaks the resistance, it could move towards the next resistance levels. Conversely, if the price breaks the support, it could move towards the next support levels. In my opinion, the AVAX/USDT pair is currently in a slightly bullish trend in the medium and long term, but with some potential bearish reversal in the short term. Traders should watch the support and resistance levels closely, and consider the RSI and MACD indicators to make informed decisions. As always, it's important to consider other factors such as market news and overall market conditions before making any trading decisions.
by MarsSignals
3
AVAX Macro Potential Bull Run TargetsAs the market reaches an important pivot point in both time and price, we are looking at major rejection or a major rally. Currently there has been no macro brakes of structure and prices have been continuting to rise. While these pivot points bring excellent short oppertunites the trend is still to the upside until it is not. Looking at the Avax weekly we can see that a mesured move target is aligning quite nicely with the time factor given by the wave trend oscillator. Money flow is still in the red but is curving to the upside after a bounce off a critical support resistance flip. Also notice that price is in the macro golden pocket and if the entire market wants to reverse to the down side this would be the place. For now the trend is intact and always best to trade the trend until it ends. Current trading plan is to hold long until there is a clear brake of structure on the higher time frames or these macro high targets have been reached. This chart is a supplement to the projections made earlier this year in the linked chart below. Trade Well... Your Friend, Degen
Long
by Degen-Dynasty
4
$AVAXUSDT 1DBINANCE:AVAXUSDT 1D #AVAX posts denial to fall yesterday the current level is $41.35. #AVAX recently broke UP above the month-long downward corrective price channel wherein the price fell to (-43.34%). However, it has already managed to recover more than half of what it lost UP by (26.91%) and the recovery may continue till the price hits $48. Nevertheless, it's worth mentioning that #AVAX has historically seen a lot of resistance in the zone above $48 - $54. Short Term BULLISH! Will keep tracking during and post $48 - $54. DYOR (DO YOUR OWN RESEARCH) Hit 🚀 if you guys want more pairs analysis. #AVAXUSDT #crypto #marketpdates #thesoumyoroyanalysis
Long
by THESOUMYOROY
✴️ Avalanche Wave B Is Over, Set To Move LowerI think Wave B is now over and Avalanche is set to resume moving lower. We are looking at a Zig-zag correction. ➖ Wave A is the first drop while wave B is a lower high compared to the start of wave A. ➖ Wave C should end the correction and finish as a lower low compared to wave A. ➖ Trading volume continues to decrease; ➖ The RSI already peaked; There is potential for lower prices. See the "Related ideas" below for additional information on this bearish move for Avalanche (AVAXUSDT). Needless to say, we are short for the duration of the bearish wave. Namaste.
Short
by MasterAnanda
2
Avax possible bullflag The recent price action of AVAX shows a consolidation period following a strong upward move, forming a pattern resembling a flag. A breakout above the upper trendline of the flag could signal continued bullish momentum, potentially pushing the price towards targets around $37-$40 based on the flagpole height. Increased trading volume often accompanies breakouts, further strengthening the signal. Cautious considerations: Technical indicators alone shouldn't be the sole driver of investment decisions. Fundamental factors like the overall market sentiment, upcoming news events, and on-chain data for Avalanche also play a significant role. The cryptocurrency market remains volatile, and unexpected swings can occur despite technical patterns. False breakouts are also possible, where the price briefly surpasses the flag's upper trendline but then falls back, potentially leading to losses. Overall: The potential bull flag on the AVAX/USD daily chart presents an interesting opportunity, but it's crucial to approach it with caution and consider all relevant factors before making any investment decisions. Conducting thorough research, using stop-loss orders, and diversifying your portfolio are key risk management strategies in the volatile cryptocurrency market.
Long
by ParabolicP