Avax
📊 Avalanche(AVAX) give you a chance: where to open a long?Hi friends! Another altcoin make a pullback and give you the opportunity to open a nice long.
✅AVALANCHE is close to the biggest value area which become the huge support if BTC fall to $17500. As you all know the alts follow BTC.
Now the price consolidate inside the triangle and broke it down woth high possibilitty. This is your chance to enter the long. 📊 Preconditions to open a long:
🔥 false breakout of the triangle or test the huge support area of $15.6-17
🔥 squeeze to the upper trenline
🔥 volume growth which confirms the pressence of buyer
🔥 bullish BTC
🚩 Additionall precondition for me will be the HUGE buy orders of the whales. They appear when the price reach the huge support levels like this. I prefer to open the trade in the same direction with the big players.
📊 The targets:
1. $20.49 -the key level and even number.
2. $23-25 - the value area and HUGE resistance. I thimk after such big accumulation it will be easilly broken.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
AVAX, having info on competitors not necessarily bad... Opinion:
Short term trade. TP1 at 25$! :)
Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
AVAXUSDT | Wave Projection | Bullish Wedge Ending DiagonalPrice action and chart pattern trading setup
> Elliott Wave analysis possible 2-wave ending diagonal pattern with bullish momentum - a potential falling wedge breakout scenario
> Entry @ 2-wave bullish wedge breakout and EMA10 TF24H
> Target @ upper downtrend line resistance 0.618 - 0.786 retracement of 1-wave zone + 30- 40%
> Stop @ the lowest 2-wave position -10%
> Risk reward ratio: 2:1 / 3:1
Indicator:
>RSI bullish momentum about to cross MA line
>MACD bullish momentum just below signal line
Always trade with affordable risk and respect your stop
Trading opportunity for AVAXUSDT AvalancheBased on technical factors there is a Long position in :
📊 AVAXUSDT Avalanche
🔵 Long Now or by Breakout
🧯 Stop loss 16.91
🏹 Target 1 23.50
🏹 Target 2 27.20
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Avalanche (AVAX) - September 1Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(AVAXUSDT 1W Chart)
The key is whether the 15.44-20.30 zone is supported and able to rise.
(1D chart)
To get out of the downtrend channel, we need to see if we can find support in the 15.44-20.30 zone.
In particular, you need to make sure that the price remains above 20.30 after around the 9th or 11th.
If they can't get out of the bearish channel, they could move towards the 7.72-10.73 section.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
AVAX H4 potential bullish reversal AVAX looks to be entering an inverse head and shoulders bullish reversal.
invalidation of this pattern at ~$19.40, potential to the upside going into resistance at $22 and $23 respectively where some chop should be expected if this setup plays out.
NOT FINANCIAL ADVICE
AVAXUSDTNow is not the time to be buying Alts.
Patience is key. Total Market Cap is rolling over. Im expecting a fud storm so that the new institutional entrants to crypto can get a large position at MUCH lower prices. I will start my DCA campaign on AVAX when we get back to single digits. very unpopular TA with AVAX lovers but I intend on getting myself a nice bag at lower prices. I want to see an accumulation range and a nice W bottom on a weekly chart.
Im not overly bearish at these levels but not bullish either. Now is not the time to be Bearish. Hope everyone has some dry powder for when the opportunity presents itself.
🔥AVAX: risky trade, but worth it!Hi friends! AVAX got reputational problems and are accused of fraud. Due to this many hodlers of this coin have already sold it out and price fall to the $16-18.5 value area.
I think with high possibility the price will go lower to the local lows, especially if this scenario for BTC will happen. In this case all alts will fall to their local lows.
📊 Preconditions to open a long:
🔥 fall to the $13.71 key level
🔥 volume growth which confirm the pressence of buyer
🔥 bullish BTC
🚩 The main thing is to find the support by the whales, where the price can make a reverse and pullback. If i will see the HUGE orders wall to BUY, I`ll also try to enter the trade with the whales.
📊 The targets:
1. $23-25 - value area
2. $30 - key level, long term target
💻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.
AVAXUSDT has formed a Bullish pattern at the support zoneAVAXUSDT has formed a Bullish pattern at the support zone. The price was not able to break below the support zone. we can expect that the price goes up after the consolidation.
💎 AVAXUSDT
🔵 Entry zone 22.47- 23.72
🟢 TP1 25.36
🟢 TP2 29.26
🟢 TP3 34.79
🔴 SL 20.23
Good Luck 🎲
DOM and FP: this indicator show the best ENTRY point on AVAX🔥Hi friends! As we can see at hte volume indicators, a lot of traders buy the dip at AVAX. I marked two arreas where long the positions were accumulated by whales. If the price return to this area, it will be supported bu the whales because they want to protect their buying price.
So, in this case we can expect the pullback with amazing entry point close to the $15.5-18 value area. If i will see the HUGE whales orders on the DOM and Footprint indicators, I open nice long with short stop loss and 1:8-10 RR.
📊 Preconditions to open a long:
🔥 pullback to the $15.5-18 value area
🔥 huge BUY orders on DOM and Footrpint
🔥 volume growth at the volume indicator which confirm the pressence of buyer
🔥 bullish BTC
🚩 If BTC will fall to $19 500 - 20 000 area and will also be supported by the whales, it will be reversal point for all cryptocurrencies. In this case, all alts will make a huge PUMP.
📊 The targets are the key levels:
1. $31
2. $38
💻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.