Avax
AVAX: It's not looking good!The current TPI value for AVAX on the mid-term TPI is currently at -0.928, the minimum value is -1:
This is super bearish. This simply means that there is a high risk that AVAX will fall to test a recent liquidity level. This could happen as altcoin dominance falls
Avax is also underperforming ETH by a lot! This could indicate that it could fall much harder than ETH if we see external market factors affecting crypto negatively
As always, please stay safe!
I've linked some ideas below, this analysis is in confluence with those!
$AVAX Performing Falling wedge in 1DEURONEXT:AVAX Performing Falling wedge in 1D Keep eye on Breakout
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
SasanSeifi 💁♂️AVAX/USDT 👉1D Hey there! I think the price can potentially experience positive fluctuations. The likely trend is also indicated in the image above. Maintaining the support range of $8.60/$8.50 is very important.
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
AVAX/USDT Ready for Bull Momentum? 🚀AVAX Analysis Today💎Paradisers, set your sights on AVAXUSDT! Its current trajectory is both intriguing and promising, as it stands strong at a pivotal support point, hinting at a potential upward swing.
💎In recent days, Avalanche has been charting its course within a descending triangle. Breaking past the triangle's support, it's now on an upward trajectory.
💎The first resistance hurdle is set at the $9.36 benchmark, followed by a sterner test at $10. Given its stance in the demand zone, we're optimistic about its chances to tackle these resistance points.
💎Yet, it's essential to stay alert: if AVAX dips below its current support, a bearish downturn towards the marked support could be on the horizon.
💎Sharpen your trading decisions for AVAX with ParadiseFamilyVIP. Delve into our expert analyses on AVAX and other potential tokens, refining your crypto game plan.
Box section : 8.81-10.09Hello?
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(AVAXUSDT chart)
The key is whether the price can be maintained by rising above 13.4704.
Therefore, from a long-term perspective, 13.4704 or lower can be considered the bottom range.
(1W chart)
The key is whether it can receive support and rise around 9.76.
At this time, what is important is whether the price can be maintained by rising above the MS-Signal indicator.
(1D chart)
You are looking at the 1M chart and the 1W chart, but you may be asking, is there a need to see the entire chart on the 1D chart?
The reason to view the 1D chart as a full chart is to see how support and resistance points are marked.
You can check support and resistance points through the 1W chart and 1M chart, but since they only show approximate points, it may be burdensome to use them in your trading strategy.
The only support and resistance point formed across the entire chart is the 7.72 point on the current chart.
Therefore, other support and resistance points can be said to be support and resistance points that are still being formed.
Therefore, this means that the role of support and resistance may be weak.
Therefore, AVAX can also be seen as a coin (token) that is likely to show a large upward trend whenever a full-fledged upward trend begins.
No matter how likely it is that there will be a big uptrend at any time, if the trading volume does not increase accordingly, it may be meaningless and should not be given much meaning.
The recent move caused the HA-High indicator to drop and create a new one.
Accordingly, the HA-Low indicator and the HA-High indicator are showing close proximity.
Accordingly, if it shows support in the 8.92-9.83 range, it seems likely that it will turn into an upward trend.
If we select the box section with this in mind, it falls within the 8.81-10.09 section.
Therefore, when the StochRSI indicator leaves the oversold range, the key is whether it shows movement out of the 8.81-10.09 range.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Brief Analysis——AVAX(Recap)A few days have passed and AVAX has started a continuous decline as we said before, which has covered most of the gains at the beginning of the month. The attack on FT's copycat Stars Arena is temporarily over. The project team stated in the latest announcement that 90% of the stolen funds have been recovered, but the protocol has not been restored now, and the funds have been withdrawn from Avalanche.
After the upward pin-bar appeared, AVAX turned downward and the trading volume gradually decreased. From the WTA indicator, at the daily level, the blue column representing the whale disappears, a V-reversal is formed, and the whale has taken profit. From the ME indicator, AVAX is always below the orange wavy area, which means that AVAX is in a bearish trend.
Next, let’s see if AVAX has improved at the small level.
Switch to level 4h. Bulls have seen little reinforcement during the decline, with the slope of the decline as steep as the previous rise. There is no difference between the situation reflected on the WTA indicator and the daily level. After the long upper pin-bar appears, shrimps representing retail investors fill the entire pond. The whale disappeared. The candlestick is below the purple wave area, and the ME indicates that the bullish trend is about to be reversed.
For AVAX, the decline may not be over yet for AVAX.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Divergence 2hr on AvaxDivergence occurs when price makes higher highs, while indicators paint lower lows or vice versa. Simply put, divergence is when price direction contradicts indicator direction, creating a noticeable conflicting pattern.
A bullish divergence occurs when the RSI displays an oversold reading followed by a higher low that appears with lower lows in the price. This may indicate rising bullish momentum, and a break above oversold territory could be used to trigger a new long position.The bearish is opposite to it
AVAX time to take SS ? Long !!Hello traders i hope you are doing well its my 4th analysis on AVAX
we are having strong trendline liquidity once we have breakout we will target SS which means sellers Short they have pending liqudity to the upside
we are on 4hr OB and demand zone
on breakout you can open long
#avax #avalanche something like this? #avax is forming a bearish Shoulder Head Shoulder (SHS) pattern and i showed the probable retrace and bounce zone on the chart. If markets make sudden rally , the scenario will be invalidated.
NOT FINANCIAL ADVICE. Always trade with your own strategy, not mine and not anyone else' s.
AVAX - Rain Ahead 🌧️; 24-Hour Bearish Trend Cloudy and rainy trading conditions 🌧️ loom for the global crypto market in the next 24 hours, forecasting a bearish market with downside risk. Avalanche and Polkadot encounter extremely bearish conditions, hinting at an impending rebound.
Over a one-week horizon, the ☁️ cloudy trading conditions persist. However, Bitcoin, Cardano, and Chainlink glimpse a bit of bullish ☀️, suggesting a potential slight rebound.
Follow us for more crypto weather reports!
AVAX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this AVAX/USDT 1DAY chart update by CRYPTOSANDERS.
CHART ANALYSIS:-Avalanche (AVAX) was a big mover on Friday, as the cryptocurrency rose by as much as 7% during the day.
Following a low of 9.85 on Thursday, AVAX/USD rose to a peak of 10.80 earlier in today’s session.
The move pushed the avalanche to its highest level since August 29, past a key price ceiling of 10.00 in the process.
the relative strength index (RSI) also escaped a resistance level of its own at 65.00.
price strength now resides at 68.54, which is its highest point since mid-April this year.
The next target for current buyers will likely be 11.00, however with the price now overbought, a reversal could also be on the cards.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Brief Analysis——AVAXAVAX, the token of the blockchain Avalanche, has performed better than many other tokens in recent times. The maximum rise is 20% from the low on September 25. But AVAX's upward trend may be coming to an end in the near future.
Stars Arena, a copycat of friend.tech on Avalanche, is live starting September 27th. As Stars Arena TVL increases, The utility of AVAX has been improved in disguise. Based on the supply and demand relationship, the slope of AVAX's increase gradually becomes steeper. But not long ago, our research learned that Stars Arena was attacked, directly losing almost all TVL, and the loss in US dollars was close to 3 millions. This is undoubtedly a major blow to Stars Arena or Avalanche.
Back to our technical analysis, on the daily level, we can see that AVAX has maintained falling with fluctuation for most of 2023. It started rising on Sep.25 On the way up the slope steepens and trading volume increases. As can be seen from the WTA indicator, during the phase of increasing slope, the inflow of whales begins to increase significantly. So far, no whales have disappeared, which is a good situation. It can be seen from the MBF indicator that before the rebound, the bottom-buying sentiment gradually increased.
Switching to the 4h level, we can see that the long upper pin-bar has been formed (this has not yet been determined at the daily level), and significant trading volume has appeared. From the WTA indicator we see a familiar pattern. The whale disappeared in the black rectangle and reappeared as AVAX stopped rising and began to callback. The whale made an urgent departure. We didn't correlate the whale's behavior with the attack on Stars Arena, but the situation now is not good. There is a possibility that AVAX’s rise may be ended.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
AVAX/USDT Break the Key area, Bullish Momentum for Avax ???💎 Paradisers, AVAX has undeniably made waves with its stellar rally post breaking out of the descending channel and touching the supply zone.
💎 On its initial attempt, AVAX faced a setback from the supply zone, retracing to a robust support level. However, with resilience, AVAX surged again, turning the supply into a demand zone.
💎 Currently, AVAX is facing hurdles at the resistance zone, and there's a likelihood of it retracing to the demand zone for a retest before making another push towards the resistance. Should it conquer the resistance, the path to the Bearish OB zone seems clear.
💎 Conversely, if AVAX struggles to hold onto the demand zone and breaks below, it might set its sights on the strong, and possibly even the crucial, support zones.
TRADE ALERT - LONG MATIC, SAND, AVAXTraders,
As stated in an earlier post, BTC held my long-standing neckline at 25,200 and then absorbed the 26,500 price. With the hidden bullish divergence spotted on the RSI, the price now favors the bulls slightly. BTC.D continues to trend down and this gives the alts a good chance to follow the lead of BTC. So, as promised, I have begun to pick through a few entries that look promising. These entries appear to be ready to follow BTC because they mimic the hidden bullish divergence on the RSI.
Additionally, you will see they are all ready to exit a bullish descending triangle. All entries have a r/r of around 4/1. All entries will be shooting for the 200-day moving avg. as a target to start. As usual, this is subject to change pending price, time, and pattern scenarios and usually does. Keep an eye on my spreadsheet for those updates.
The first entry I have chosen is Matic. Entry .52 Target currently .82 and SL .46. R/R 4.1
Second SAND. Entry .30 Target .48. SL .25 R/R 3.8
Third AVAX. Entry 9.12 Target 14.11 SL 8.00 R/R 4.6
I will stick to my SLs and may adjust/exit should that RSI dip below the Hidden Bullish Divergence lines I have drawn.
None of this constitutes financial advice. I am an entertainer playing a public game and am simply demonstrating how I play.
Best,
Stew
AVAX/USDT bullish move incoming? 👀 🚀 Avalanche Today Analysis
💎 Paradisers, Heads Up! An intriguing opportunity is unfolding with AVAXUSDT as it steadfastly holds a key support level and is aligning for a bullish ascent.
💎 EURONEXT:AVAX has encountered robust rejection at the daily support of 8.68 and is setting the stage for upward momentum, likely aiming to retest the daily resistance zone shortly.
💎 A few days ago, a notable shift occurred as demand turned to supply, causing Avalanche price to plummet significantly. Currently, the RSI is indicating a bullish divergence, signaling that Avalanche is potentially on the brink of a bullish trajectory.
💎 If you are planning to trade, remember to strategically place a stop loss at 1.75% to safeguard your position. Trade wisely and stay tuned for more insights.
AVAX.USDT (Long Term) Ladies and Gentelman, It's Ho3ein again. Thank you for your time 👋👋
It's a new day and I want to tell you all about the support zone on Avalanche.
I think it will be interesting. Because I wanna tell you where is the best zone to buy and Hold Avalanche for the long term. Please be patient 👌👌
Before that, Please don't forget to Like 👍 , share ✌️ with your friends, and also write your comments ✍️ below the post. It gives me more positive energy to continue publishing my analysis.
As you see, we have Three main support zones. I'm sure the first one around 7.2-7.5 USD will be lost soon.
We will talk about the second and third ones.
The Second support zone is around 4.6 – 5 USD and it's really strong. I expect the price drops to this zone to stop dropping and the price after touching this zone to move up.
I bet it's not the End of the correction. Because I expect the Second zone could NOT hold the price and it will break and the price will move to the 3rd support zone.
Let me say something frankly, I don’t believe that the 3rd support zone around 2.6-2.9 will be broken. It's really strong more than you think and big whales are waiting to buy Avalanche in this zone.
Please be patient. control your emotions 🙏🙏
Opportunities in the market flow smoothly like a river 🧞♀️🧞♀️
It was my duty to tell you all the things you need to know.
Please ask me all your questions below the post.
Wish you Health and Wealth
Sincerely Yours 🙏
Ho3ein.mnD
avax on verge of massive breakout over all in downtrend but now showing signs of reversal and on verge of massive breakout
formed falling wedge in higher timeframe and currently testing multi year trendline incase of breakout expecting massive bullish rally in midterm
incase of successful breakout expecting 3 to 4x bullish wave