Avax
AVAX Avalanche 4 HOUR Chart Here are my thoughts on AVAX at the moment.
AVAX is trading in this channel AND NEEDS to hold the SUPPORT at $17.33 IF IT wants to continue to the upside.
If AVAX can get above the 18$ lvl We could see the coin move up to test $19.26.$20-28 areas of resistance!
ON THE FLIPSIDE
IF Avax loses this support then we could see it go back down and test the $16.25 - $17.33 LVL
AVAX Retracement Short Trade Looks solid! You can see what to do. This is my plan for AVAX short term. Hopefully this isn't a full reversal and just a retracement but time will tell. I would much prefer being short at this time and this level then opening a long. Lets see how it plays out. Good luck
Not to be mistaken as financial advise, this is just me testing out a trade idea based on multiple time frames and volume analysis . This has been a powerful uptrend so this is very risky but TP profits often and you can use the different fibs as TP zones if you like but they are placed for my use and not traditional fin levels.
Sorry for this being so late.
🔥AVALANCHE IS GOING CRAZY: WHAT ARE THE NEXT TARGETS?🔥 Hi friends! Avalance already makes +60% from my entry point, but there are no limits for the price when the bulls are so strong.
📊 MY TRADING PLAN FOR AVAX:
1. return to the $17-17.5 value area
2. squeeze to the local trendline and breakout
3. bullish BTC
4. volume growth on correction
🚩 It will be better for the price to fall lower, maybe below the value area. In this case, a lot of sl will be collected.
✅ MY TARGET FOR AVAX:
🔥 $20.6 - the key level and local target
🔥 $22 - the key level
🔥 $25 - key level and even number
Traders, what coins do you expect to be top gainers in this bull market? Write the ticker in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥AVALANCHE IS MAKING A FALSE BREAKOUT! DON'T MISS THIS PUMP 🔥 Hi friends! AVAX is the most volatile altcoin and I think it gives us one more chance to make +10-15% on it. Now the price make a false breakout and if BTC will go up, the long will give us at least 1:5-10RR.
📊 MY TRADING PLAN FOR AVAX:
1. false breakout of the key level of $11.15
2. volume divergence
3. bullish BTC
🚩 Persolnally I use DOM and Footprint to identify the whales who buy crypto. These scalping tools help me to track their real orders. Watch my free video guides.
✅ MY TARGET FOR AVAX:
🔥 $11.5-12 - the value area
🔥 $12.5 - the key level
🔥 $12.8-13.3 - the value area
Traders, it seems like now or during the 2 closest bars we have a chance to open a long trade.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Avax potentially breaking up from a falling wedgeIf price action can flip this green trendline to solid support the price could climb to the $28 target within the next month or 2. Fundamentally, one of the reasons for this pump is that Amazon Web Services (AWS) has partnered with Ava Labs, the company building out layer-1 blockchain Avalanche, to help scale blockchain adoption across enterprises, institutions and governments.
“Looking forward, web3 and blockchain is inevitable,” Howard Wright, VP and global head of startups at AWS, said. “No one can call the time or date or quarter that it’s going to happen and it’ll be mainstream, but we’ve seen the cycles of growth before. The velocity of this one seems like it’s accelerating and we’re just excited to be a part of this.”
The partnership intends to make it easier for individuals to launch and manage nodes on Avalanche while also aiming to give the network more strength and flexibility for developers.
AWS will support Avalanche’s infrastructure and decentralized application (dApp) ecosystem, alongside one-click node deployments, through its marketplace. The affiliation will also include Ava Labs joining AWS Activate, a program that helps startups and early-stage entrepreneurs get started on its platform. All this should lead to sustaining bullish momentum for avalanche. *not financial advice*
AVAX viewNFA, DYOR.
We are on the previous swing low, which acts as resistance for now.
We faked a breakout, (not confirmed on a daily TF).
Price is forming a symmetrical triangle, after a bullish impulse, which is consolidation for a continuous move up.
If the price closes above the upper line of the triangle, it can easily go up to resistance above (zone in between red lines).
RSI is highly overbought, and losing momentum, (forming potential divergence).
Up is limited, if we do not see some kind of correction.
Stay safe.
AVAX Daily SupportsIn the daily timeframe, AVAX's continued upward trend seems to have come to an end for now. After reaching the $18.60 level, it sold up to $17. With the continuation of this sale, if the day closes below the level of $ 16.16, it can be entered in the range of $ 16-14. This correction will give investors a buying opportunity. If it does not close below this level, there is a possibility that the rise will continue.
AVAX❄️ triangle breakoutAvalanche broke up this triangle📐 and I think there is chance for run to 19.43 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 17.34
STOPLOSS (SL) : local low @ 16.06
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 19.43
REWARD RISK RATIO (RRR) : 1.63
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Avalanche AVAX price has good perspectives for growthFor the last month, the AVAXUSDT price is in the liquidity zone, where it was last in July 2021.
Also, the pattern of formation of a possible price bottom is very similar to 2021. What was further with the price of AVAX can be seen on the chart.
Another positive point is that in July 2021, the BTC price fluctuated in the range of $30-32k. The AVAXUSDT price was trading in the range of $10-14. In the current trading, the price of the Avalanche token ranges from $11 to $14, but the cost of BTC is roughly 2 times less than 1.5 years ago.
That is, AVAX is bought in the AVAXBTC pair considering it a promising asset.
Putting together all our assumptions and what we saw on the chart, we can conclude that in the medium term, the AVAXUSDT price has every chance to grow into the price range of $30-32
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AVAX currently found support at 16.119AVAX currently found support at 16.119
under DAILY 200ma ( this is the 200ma on the DAILY )
[ 50ma is also set to the daily )
Market Cap: 5.27B
Category: DeFi
Target 1: 18.980
Target 2: 21.154
Target 3: 22.856
Stop Loss: 14.326
Manage Risk - have a stop loss in place
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
AVAX/USD - Bear Time PumpIf the price retraces the recent FTX dump and closes above $14 (June lows), then I can see it squeeze up to the area highlighted in red in the chart ($30 - $36), and even higher ($55 - $60). I plan on buying at where the red arrow points.
Keep in mind that if the price starts closing back below $14 after closing above it, then this prediction is invalidated. What I mean is that my prediction holds only if the coin finds support above $14.
This doesn't just go for AVAX. The chart looks the same for a lot of other altcoins, and even for BTC, too. The idea remains the same: if they close a daily candle (or weekly, preferably) above the point at which the market began dumping on news from FTX, then they're likely to pump hard. See my recent XTZ chart which shows the same sort of setup.
AVAXUSD is the closest to its 1D MA200 it's been since April!Avalanche (AVAXUSD) is about to hit its 1D MA200 (orange trend-line) for the first time since April 11 2022! Needless to say, a break-out there would be a major long-term bullish signal for the coin.
With AVAX trading within a Channel Up since the February 2021 High, we can see that the best Sell entry and (potentially now) best Buy entry have come around its +0.236 and -0.236 Fibonacci extension (extreme) levels respectively. Those extremes have both come after the 1D RSI went deep into a Bearish and Bullish Divergence respectively. On the November 21 2021 High, while AVAX was rising on Higher Highs, the RSI was falling on Lower Highs, hence a Bearish Divergence, indicating loss of strength on the trend. Similarly on the December 30 2022 Low, while AVAX was falling on Lower Lows, the RSI was rising on Higher Lows, hence a Bullish Divergence, indicating a weakening bearish trend.
In both cases, the breaking of the 1D MA200 was the confirmation of trend reversal. And since in late January 2022 after the 1D MA200 bearish break-out, AVAX bounced back on the short-term above the 1D MA50 (blue trend-line) before making the deep collapse, we expect this time also after the 1D MA200 bullish break-out to pull-back on the medium-term before starting to fill the upper Fibonacci levels of the Channel Up one by one in the new Bull Cycle.
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