AVAX ANALYSIS#AVAX UPDATE.
#AVAX is facing huge resistance at the red box resistance area and got rejections on 4 TF.The current resistance for avax is the 20SMA on BB .The contraction of the BB suggesting some strong and flash move waiting ahead for avax .Do not enter in longs until avax close above the red box resistance.
AVAXUSDT
AVAXUSDT: Breakout of Bearish Channeling,Goes Under $12.00 soon?Hello Fellow Global Crypto Investor/Trader, Here's a Technical outlook on Avalanche Coin!
Chart Perspective
The breakout of the bearish channeling is an indication of a potential bearish sentiment. Recently, The MACD Indicator made a death cross, confirming a possible downside movement to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the AVAXUSDT"
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AVAX/USDT 1DAY UPDATE BY @CRYPTOSANDERS !!Welcome to this quick AVAX/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Avalanche (AVAX) was a notable gainer on Tuesday, as prices surged following the release of U.S. inflation figures.
November’s consumer price index (CPI) came in at 7.1%, which was lower than the 7.3% traders were expecting.
As a result, AVAX/USD rallied to an intraday high of $14.09, which saw prices up by nearly 10%.
Today’s rise saw the avalanche hit its strongest point since December 5, which was the last time the token was trading above its ceiling at $13.75.
The 14-day relative strength index (RSI) also rose, breaking out of a resistance point of 51.50 in the process.
Gains in AVAX have eased from earlier highs, and as of writing the token is trading at $13.94.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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Thank you...
Avalanche Analyze (Short term, Timeframe 4H, 12/05/2022)!!!
Avalanche was able to reach the resistance zone by zigzag correction.
The sign of the end of the zigzag correction is the creation of two Shooting Star Candlestick Patterns in the resistance zone.
I expect Avalanche will go down at least until the support zone after breaking the uptrend line.
Avalanche Analyze (AVAXUSDT) Timeframe 4h⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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AVAXUSDTHello Dear friends
We have bullish signals on higher time frames; Like the possibility of completing the bearish wedge pattern at the end of the downtrend, provided that the price range of $11.18 is maintained
But on the 30-minute time frame, we have a tight movement that can be from both the top and the bottom, and the probability of its exit is high. Provided that the range of $15.93 is maintained, there is a high possibility of forming a downward trend in lower time frames, similar to the drawn scenario.
We would be happy to hear your comments
Buying is risky because it is close to the resistance zoneHello?
Traders, welcome.
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(AVAXBTC 1W Chart)
If it is supported and rises in the range of 0.0007 164 to 0.0009 769, it is expected to release the power of the rise.
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(AVAXUSDT 1W Chart)
It is important to be able to rise to the 15.44-20.30 section and be supported.
To do that, we need to see if we can get support around 13.47.
(1D chart)
It's a matter of being supported in the 12.77-13.47 section or higher and being able to rise above 15.44.
If not, you should be careful as there is a possibility that you will be forced to move around 6.54.
The 15.44-20.30 section is the section that determines the trend, and if it is supported and rises in this section, it is likely to continue the uptrend.
That said, the 15.44-20.30 section is a section with strong support and resistance, so be careful buying.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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AVAX : UPDATEAVAX is a cryptocurrency that is showing an interesting view on the low time frame. This could potentially lead to an increase in the price of the coin, bringing it into the green levels on the chart. It is always important to do your own research and analysis before making any investment decisions with cryptocurrency. The market can be volatile and unpredictable, so it is essential to carefully consider the potential risks and rewards before investing.
Interesting to follow the coin for coming time.
AVAX Looking goodAvax is inside of a very clear range, swept the range low, and now is hiding MS from Breaish to bullish. there are two kinds of play here, first is to wait for a pullback to around 12.1-12.3 and DCA with a stop loss below the lows at 11.4 which we might or might not get the pullback. the second play is long at the Hourly S/R level with the same stop loss at 11.4. whatever you choose apply risk management. target is around 16- 17 dollars
AVAXUSDT - Head and Shoulders PatternAVAXUSDT (4h Chart) Technical analysis
AVAXUSDT (4h Chart) Currently trading at $13.1
Buy level: Above $13
Stop loss: Below $11.9
TP1: $13.8
TP2: $15.5
TP3: $17.8
TP4: $20
Max Leverage 3x
Always keep Stop loss
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it's time to falling for AVAXUSDTbefore open in this position, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
this signal active below the purple area and enter with a good reason(candlestick, indicator and price action or something)
be rich...
and
doing and living in the best quality *-*
(Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management)
Avalanche Forms A Bottom | Targets Up To 139%Notice the strong volume 9-Nov. and the huge drop that happened after this date...
Avalance (AVAXUSDT) hit a new low based on this volume signal and the 3 drops pattern; which leads to price going up.
EMA100 is the easy target for 37%.
There can be more of course.
Maybe we can see MA200 challenged fro 55% or EMA300 for a maximum of 139% on the next bullish wave.
Namaste.