Avax
AVAXUSD Daily TA BullishAVAXUSD Daily bullish. Recommended ratio: 95% AVAX, 5% Cash. *A technical relief rally is underway for cryptos and equities as markets seem to have priced in more rate hikes, I know I focus solely on the Federal Reserve in most of my TA but that's because not only do they fund liquidity for many other central banks but they have been instrumental in setting the tone for the rest of the world for the past decade or more. The Fed was the first central bank to aggressively raise rates in response to global inflationary pressures and in doing so may have earned back a bit of the credibility they lost in being largely responsible for this inflation quagmire. Crypto and equity markets seem to think that the Fed has a plan to navigate us to a soft landing, but it is becoming more and more apparent that a hard landing is likely; when that will be priced in to risk-on markets is the question. Whatever the answer to that question is, we are 'technically' getting close to a short term bottom.* Price is currently following that of other altcoins like Kava and Polygon and trending up out of an eleven day consolidation out of the second largest supply/demand zone on the chart. Volume remains Moderate, fairly balanced between buyers and sellers (indicative of consolidation) and has been shrinking for what is on track to be a fourth consecutive session (indicative of an impending breakout/breakdown). Parabolic SAR flips bearish at $13.80, this margin is neutral at the moment. RSI is currently trending up at 39 after bouncing off of the descending trendline from August 2021 (breaking out of a 10 month descending trend), this is very bullish in the short term. Stochastic remains bullish and is currently trending up at 88 as it aims to resist a bearish crossover on its way to retest max top. MACD remains bullish and is currently trending up at -3.66 as it aims to break out above -4.23 resistance after being rejected the first time on 06/10/22. ADX is currently trending down at 40 as Price is pushing higher, this is mildly bullish at the moment. If Price continues up then it will likely retest the largest supply/demand zone on the chart at $25 before potentially retesting the upper trendline of the descending channel from November 2021 at ~$35. However, if Price breaks down here, it will likely retest the lower trendline of the descending channel from November 2021 at ~$10. Mental Stop Loss: (one close below) $15.
AVAX - Failure to Rise is Bad newsFantom manged to rebound nicely, Matic managed to rebound nicely, most of our main slection managed to rebound nicely.
But AVAX has let us down...
Stuck between 14 and 18$, this is a rejection we do NOT like.
I would rather by higher at 19$, over resistance or lower at 14,5$ or even 9.32$ (what i call the ground zero price)
Let's see what happens... very sad for AVAX but patience always pays out.
One Love,
the FXPROFESSOR
AVAX - Big Wave 3! BIG GAINS 🚀AVAX is following the Elliott Wave Impulse schematic.
Wave 1 has given us a 5 wave impulse.
Wave 2 is showing us a 3 wave ABC correction - We are currently on Wave C of the correction
Wave 3 is the next wave we are expecting, which is often the biggest wave.
Wave 2 - ABC
A wave = 3 waves
B wave = 3 waves
C wave = Seeing a 5 wave move down (which follows the impulse schematic)
We are currently on the 5th wave of wave C. This 5th wave has 5 subwaves of which we are on the 4th subwave and expecting one more subwave lower before the big bullrun.
The bullish target can reach well above 200. Well above 3000% gains to be made.
Will update this chart once we see the last move lower!
AVALANCHE (AVAX) the last chance (bottom) and the range market Hello 🐋
Based on the chart, the price is close to the channel support and the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️
if
the price breaks the resistance area to the upside, we will see more gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more pump 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
#AVAX, bearish wave will be kept.#AVAX/USDT 3Day Candle
#AVAX is one of the hyped coin in 2020 ~ 2021 bullish wave.
It's returning its gain, and price is lean towards to weekly support levels, $9 ~ 10 and $4 ~ $5.
There are imbalance zone at the $4 ~ $9, price will tends to fill this imbalance zone.
As bullish wave was kept long time bearish wave has to be long.
This bearish wave can be ended when price reaches $3 ~ $4 weekly support and fills the imbalance zone.
AVAX- At crucial supportCryptos in distress, BTC under 20k and Ethereum under 1,000$ but AVAX shows support at 14,52$
Technically is a great option to attempt to buy the scary dip.
Then again below this level one would need to get out because the next support is far away at 9.32$
One Love,
the FXPROFESSOR
AVAX- Loading Up New Bags TodayI see support and even if the market dips lower there will be another one at 9.32.
This calls for re-entry here.
My regards to Gabriel..a very special friend and big AVAX fanatic... I guess i was right: taking profit is half the success, one can always buy back in later... (lesson learned)
One Love,
the FXPROFESSOR
AVAX/USDT Technical Analysis Price RoadMap#AVAX/USDT Technical RoadMap:-
$AVAX Currently trading at $15
And Now Trading at Support level.
I am expecting Bounce from here and $AVAX May test $28-$30 again.
Currently -90% Down From All Time High.
All Time High Price was = $147
Current Price = $15
Green Zone is Demand zone for Accumulation.
I am expecting 80%-120% bounced from here.
But Keep an mind another scenario also:-
If Price break High Demand zone then It will free fall till $3
And If Price Hit $3 then Don’t miss to buy For huge Profit.
High Demand Zone :- $10-$12
Resistance:- $30
AVAX Avalanche: Monthly ChartHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Avalanche ( AVAXUSDT ).
The chart is self-explanatory. With the crypto market going through a correction, AVAX may still have downside to go. See where I believe there may be strong support and possible bottom.
Included in the chart: Trend line, Support and Resistance Lines, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
AVAX/USDT BUYING SETUP (SCALPING)Buying #AVAX/USDT (SCALPING)
$AVAX Retesting on resistance become support after breakout double bottom at 1h timeframe
at 1D timeframe avax rejection two times after hit target down fibonacci 1.618 ( black line ) , RSI showing bullish divergence and Oversold
Buy zone : 16.45 - 16
Target : 17.29 - 18.25 - 19.23 - 20.62 - 22.58
Stop : 15.6
When AVAX cryptocurrency do it x2 growth ?Today, on the global chart AVAXusdt, consider how this trading pair endured another sharp fall in May.
To begin with, let's take a look at our previous global idea for a pair of AVAXusd, which we did exactly 3 months ago.
At that time, we made an approximation with longs buy zones
As it turned out 3 months later, our most pessimistic $40-45 purchase zone at the top of the red liquidity zone was not the bottom of the decline.
Fall lows are recorded at around $23, at the bottom of liquidity zone, in which a year ago for a long time decided who is stronger: buyers or sellers.
Keeping buyers in the coming days of the AVAX price above the mark of $30 will be a good signal to go to the long.
The purpose of fixing longs in the up liquidity zone is $64-81
If the price of the Avalanche token is fixed below $26 , it will most likely coincide with continue the global decline in the cryptocurrency market. In this situation, it is necessary to place "buckets" for the purchase of AVAXUSDT near 14 dollars.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
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