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AVAX / TetherUS

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AVAXUSDT trade ideas

AVAX: Channel Down BreakoutTrade setup : Bullish breakout from a Channel Down pattern, which was confirmed by a break above $35 resistance as well. Price could swing up to $40-$43 range near term for a +20% gain. Stop Loss at $32 (just below the last swing low). Pattern : Price was trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $25, then $19. The nearest Resistance Zone is $35, which it broke, then $50.
Long
by altFINS
1
AVAX/USDT Ready for an Explosive Bull Run? 👀🚀AVAX Analysis 💎Paradisers, let's turn our gaze to #AVAXUSDT, as it's signaling a potential substantial move from a critical demand level. 💎#Avalanche is demonstrating an upward trend, indicating a likely bullish departure from its current demand zone. We're looking at a retest of the demand level at $27.13, with a significant supply zone on the horizon. If #AVAX maintains above this threshold, it may set the stage for an ascent toward the major supply zone at $47.6. 💎If #AVAX encounters difficulties in holding its ground above the support, a strategic reassessment may be necessary. In that case, we would consider initiating a bullish movement from a lower bullish Order Block (OB). 💎It's imperative to monitor this level closely, as a fall below could result in a considerable bearish trend. 💎Stay vigilant and ready to adapt, Paradisers. Your ParadiseTeam is committed to offering the latest insights and strategic guidance, ensuring you're primed to effectively manage these market changes.
Long
by MyCryptoParadise_Simon
AVAX Breaks Resistance. 6% Pump to weekly level Incoming.Local trendline has been broken. #Avalanche has also reclaimed the daily level. The weekly level above is the target as long as we don't get rejected from the trendline above. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
Long
by Navitility
Avalanche AvaxWhat is Avalanche? Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. Avalanche launched on mainnet, September 21, 2020. Since then, the platform has grown to secure over 400+ individual projects, $64M+ of AVAX burned (reducing supply), 1,200+ individual block-producing validators, and over 1.3M+ community members around the globe. - Strong Project, " TP Numbers " are very simple. - i didnt include Fibo calculations to keep the chart clean but i've done it ----------------------------------------------- Trading Plan ----------------------------------------------- Buy : Now Rebuy : 50$ Zone is a gift ----------------------------------------------- TP1 : 150$ (ATH Security TP) TP2 : 200$ TP3 : 300$ SL : 40$ if you want to set it ----------------------------------------------- Happy Tr4Ding!
Long
by thecryer
12
AVAX Lights the Path: Get In on the Buy Action Today!**Avalanche (AVAX)** **Fundamentals** Avalanche is a decentralized blockchain platform that supports smart contracts and decentralized applications (dApps). It is one of the fastest and most scalable blockchains in existence, with an average transaction confirmation time of less than one second. Avalanche is also energy-efficient, consuming less than 46 US households of electricity per year. **Recent News** * **Avalanche Emerges as Ethereum's Potential Challenger** (Cointelegraph, January 28, 2024) * **Avalanche Team Takes Aim at Memecoin Staking** (Investing.com, January 26, 2024) * **Bitcoin 38K Yaklaşırken Solana ve Avalanche Tokenları Keskin Düşüş Yaşıyor** (CoinOtag, January 23, 2024) * **Solana (SOL) ve Avalanche (AVAX) Neden Düşüyor? Güncel Grafik Yorum ve Fiyat Tahminleri** (CoinTurk, January 18, 2024) **Disclaimer** Please note that this is not financial advice. The cryptocurrency market is volatile and risky, and you could lose money investing in any cryptocurrency. Do your own research before making any investment decisions.
Long
by MoonTradingForecast
$AVAX #AVAX Time for some Weekend Scalps downside should be limited, shouldnt get anything major over the low volume weekends, alts could get nice rallies. 0.236 - 0.382 are GREAT areas to bank some profits (ideally wanna derisk or close by premarket on Monday), or let it run. a 5 wave move down was completed, clearly visible. In the bearish scenario, can retrace to 0.786 as a wave B, in the bullish case well thats self-explanatory so take profits as you like, just before resistance levels are most common Risk:Reward LFG!!
by CryptoHolix