AVAX Looks ready to pumpAvax trend is still strong, the bulls are behind the door. I expect a good pump as soon as the price can broke up the resistance i drawed. Target 47/48 area
AVAXUST trade ideas
Avaxusdt Trading ideaYou all will agree with me that AVAXUSDT hit major ATH in Novemeber 2021 which follows with massive correction immediately and finally found bottom in December 2022which resulted into the price dropping about 92.8% of its value.
Major bullish divergence was observed with RSI, the Relative Strength Index (RSI) indicator for AVAXUSDT is currently showing a bullish divergence, with the RSI forming higher lows while the price is forming lower lows. This is a sign of bullish momentum building up, and it could indicate a potential reversal in the near future.
In respect to the divergence, I believe this resulted into upside rally from late December 2022, and this move is expected to continue until price test out the major downtrend trendline resistance area.
Right now, the price heading to our Buy back zone where an immediate reversal of price is expected. Failure of price to hold this level will lead it to test the bottom trendline once again.
We should monitor price action closely and use appropriate risk management strategies as necessary.
Avax wants to settle downtrend reversal on smaller timeframe... alligning with BTC drop, highly probable trade. Could be a quick trade too..
on higher TF(4H, 1D this reversal can extend upto 26, 21, 19, 14 Dollars and still AVAx would be in an uptrend on weekly timeframe.
looking a good trade here.
AVAXUSDTIf AVAX drops below the previous pDLOW, then we will look for a long position in the purple zone. When it rises to around 0.5 fib, we start considering a short position. Because if it has gone below pDLOW, it means it is weak, and the trend is starting to change. If it doesn't drop below pDLOW, it is still BULLISH, and we don't consider going SHORT.
AVAX (Follower Request)Somebody just asked my thoughts about Avaxusdt.
I Just don't trade this one at all so this is not any trade idea.
I am just sharing my thoughts and idea about what could happen and what could be the ideal scenario in this one.
I think this one can claim 50 Area and Deviate back to range.
Boosts and follows helps me to motivate for new Ideas.
Thanks.
Note: This is not a trade idea.
Note: Not a Financial Advice.
Avax Last updateNow avax is around 40 we will see it soon at 38 first target and 36-35 second target please sell any goes up is a good opportunity to sell more
AVAX Continued its Upward TrajectoryAvalanche (AVAX)
Despite Bitcoin's recent decline to the $40,000 mark, AVAX has continued its upward trajectory this December. In the last fortnight, the asset has surged by 66%, hitting a new annual high at $42.96.
Currently, AVAX is undergoing a correction, with its price hovering around the support zone of $32.7-$34.7. The key resistance level to watch is $38.4. If breached, the coin might retest the higher resistance zone of $40.7-$43.0.
The future course of AVAX will heavily depend on Bitcoin's trend. A continued downtrend in BTC could potentially drag AVAX down to new lows, possibly to $30.5 or the $26.2-$28.4 level.
Avax 40$ todayAVAX washed after my bullflag breakout unfortunately but I think this thing is above to rip to my second dashed green today. The decoupling of avax/sol from BTC is apparent. Maybe 45$ today tbh the market wants it.
#AVAX drop idea#AVAX drop idea
personal idea
down flip happened on Yellow Box !
pullback to ma20/1H .. it may touch and price can drop due to sell order block
its also near to the last Lower High ....
RStrenderMoney maker. This is called money maker which provides the proper sell and buy signal according to the price action.
AVAX → Avalanche About to Reverse!? Or Continue to the Upside?Avalanche has been roaring through a nice curving bull channel until the top of the third push at $42.75! A nice sell signal formed on yesterdays daily candle, now we need to see how today closes to make our next move.
How do we trade this? 🤔
Avalanche had its third push up in the bull channel, a typical number of legs before the trend changes into a trading range or reverses. Given Bitcoins recent sell-off at a key resistance level, I believe it will drag AVAX down with it. AVAX has a sell signal on yesterdays candle and if today closes with a strong bear candle, we're likely looking at putting in some more lows. The RSI is also over 75.00 and below the moving average, all supporting at least a short-term bearish sentiment.
We need follow-through! Yesterdays signal is not enough justification to enter a short. It's best to wait for the price to fall to the 30EMA and see what happens there. If we get a bounce then another rejection to the downside, we'll have a head and shoulders reversal pattern on our hands at which time, a short will be justified.
💡 Trade Idea 💡
Short Entry: $26.00
🟥 Stop Loss: $32.00
✅ Take Profit: $14.00
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Bull Channel, Bias to Long!
2. Three Pushes up in Trend with Sell signal, Signal to Change Trend.
3. Gap to Second Push Support Line.
4. RSI at 75.00 and below Moving Average, Bias to Short
5. Wait for Short Confirmation at potential Right Shoulder.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
AVAX possible bullish wave AVAX / USDT 4H
Since start of the bullish wave in October, price didn’t lose the EMA100 which acted as dynamic support, price touched it few hours ago and got bounced
Also #AVAX has broke bullish pennant
Looks bullish in short term
Invalidation : if lost the EMA it can drop to next support which located around 17$
Avalanche (AVAX) posts triple-digit monthly gainAvalanche’s market cap has grown by 340% since October, and AVAX price has followed.
The latest rally has seen Avalanche’s total market value grow more from $3.25 billion when the recovery started in mid-October to the current value of $14.35 billion. This represents an increase of over $341% in just two months.
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and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
AVAX LOOKS BEARISHBy hitting the red lines, which are daily supply, the price has turned downwards and a bear CH has been formed and the trend line has been broken. It is expected that after a little fluctuation and the efforts of buyers, the price will move towards the specified target
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
✴️ Avalanche Set To Drop Followed By More GREENThe RSI peaked 12-November for AVAXUSDT (Avalanche). The next high produced the first bearish signal in the form of a bearish divergence with the RSI.
➖ AVAXUSDT hit a very strong new high (higher high) while the RSI hit a lower high yesterday.
Volume has been dropping since mid-November.
Today volume is really high but obviously red. If the day were to close green and a new high, it can signal additional growth but this is unlikely, seeing that the entire market is already in correction mode.
➖ It is still early, but caution is advised at this point .
In the short-term or medium-term, a correction can develop and this is normal and when we compare it to late September we will most likely get a higher low. Which means that the bullish trend, bias, long-term remains intact.
And so, this pair can enter a correction and then continue growing for years to come.
👉 We will have a massive bull-market next year, 2024, and beyond.
Leave a comment with your questions.
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Namaste.
AVAX: Resistance BreakoutAvalanche (AVAX) technical analysis:
Trade setup : Bullish break above $25 signaled continuation of uptrend and price has surpassed our target of $35 near-term. However, price is now very overbought (RSI ~ 90) and we’re likely to see it pause here on some profit taking.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $25 (previous resistance), then $20. The nearest Resistance Zone is $35, which it broke, then $50.
AVAX/USDT Bracing for a Bullish Journey?👀 🚀Avax Today Analysis💎 Yello paradisers, spotlight on #AVAXUSDT as it unfolds a compelling narrative in the crypto trading landscape. Nestled within a demand zone and having recently executed a Market Structure Shift (MSS), it is showing strong signs of a potential bullish uptrend.
💎 Delving into #Avalanche's market trajectory reveals a pattern of strategic moves. AVAX has a history of meticulously following a descending trendline, only to break above it, ushering in upward movements.
💎 Presently, CRYPTOCAP:AVAX is poised to challenge a notable Bearish Order Block (OB), with its recent MSS trajectory adding credence to bullish prospects. Moreover, a deep dive into its performance shows it sustaining robust momentum above the EMA100, hinting that if this upward trend continues, targets at $31.13 and $41.34 supply levels may well be within reach.
💎 However, in the fluid crypto market, #AVAX traders should be prepared for varying outcomes. If the expected bullish breakout falters, a rebound strategy from the support level of $19.59 becomes essential.
💎 A drop below this support level would necessitate a strategy shift, indicating a need to reassess the bullish outlook and adapt trading strategies accordingly. 🌴💰
Avax Bullish pennantTrying out this new chart patterns indicator, making our life much easier.
Seems like it caught a pretty accurate bullish pennant on the 12h chart and also showing the target.
Technical indicators also support bullish momentum.
Lets go AVAX!
AVAXUSDTHELLO TRADERS,
As we can see that after a long bearish trend now we can expect a bullish move from here, open a trade position as per chart plan.
AVAXUSDT.P perfomance in 2023 till DecemberLooking back at 2023. Although the cryptocurrency market is in a difficult process. But there has been some pretty good growth recently. This is the backtest result from the beginning of the year until now of AVAX perp (AVAXUSDT). It can be automated.
avaxSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
AVAX 32-42 possibleAvax had been completed its impulsive waves(1-5) at "147"
Recently Avax just completed the last 5th wave of corrective wave "A"
Upward Impulsive Wave "B" incoming in form of "ABC"
Everything is mentioned on the chart
NFA
DYOR
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