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AVAXUSDT

AVAX finds support at $18, can the bulls defend the level?The Avalanche price analysis shows that AVAX has finally found support at the $18.00 mark, which has caused significant bearish pressure to subside. However, it is unlikely that the asset would show a sharp recovery since the trading activity remains low across the short term. The broader cryptocurrency market observed a bearish market sentiment over the last 24-hours as most major cryptocurrencies record negative price movements. Major players include BNB and ETH observing an 8.99 and an 8.04 percent decline, respectively. The MACD is currently bearish, as expressed in the red color of the histogram. Moreover, the indicator shows strong bearish momentum as observed in the high depth of the histogram. Furthermore, the indicator’s lighter shade suggests an increasing bearish momentum as the price action finds support around the $18.00 mark. The EMAs are currently trading below the mean position as net price movement over the last five days remains negative. However, as the AVAX market turned sharply bearish, the EMAs have started moving downwards, with the 12-EMA taking the lead. At press time, the 12-EMA is diverging sharply from the 26-EMA as selling activity increased in recent hours. The RSI was trading in the neutral zone since 30 May as the price volatility for Avalanche dwindled across the short-term charts. However, yesterday the indicator dived into the oversold region as. The indicator is currently moving upwards as the price action finds support at the $18.00 mark. However, strong bearish pressure still weighs on AVAX markets. The Bollinger Bands were narrow until June 10 but then exhibited sharp divergence as the price action observed sharp volatility. Currently, the indicator is still expanding to facilitate the sharp bearish activity. At press time, the lower limit provides support at the $18.02 mark while the mean line presents resistance at the $22.32 mark.
BINANCE:AVAXUSDLong
by Anthony123111
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. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
36
🎯AVAX: the buyers are here! Are they ready to pump the price?Avalanche is going to break the trendline. 📊Why is long possible: 1. you can see lot`s of buyers at the volume indicator. At least 3 times they hold the price and push it up. The value area of $23-25 become a strong support for the price. 2. AVAX in going to return to the $26.6-27.8 value area. For the 3rd time price try to break this level, so it`s highly possible because it shows the buyer presure. 3. trendline squeese is the additional confirmation for the breakout. 🚩Targets: 🔶1. $26.6-28 - closest value area and resistance for the price, but this area with 3rd test became weaker and weaker 🔶2. $32-34 - huge value area 💻Friends, press the "like"👍 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.
by Yuriy_Bishko
4
Avalanche (AVAX) - June 9hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (AVAXUSDT 1W Chart) Below 32.23 is likely to be a mid- to long-term investment area, so careful trading is required. So, whether it can move higher than 32.23 is the key question. (1D chart) Whether we can find support at 23.96 and move above 32.23 will be the key. If it moves above 30.32, I expect it to turn into an uptrend in the short and medium term. (buy) - After confirming the support in 32.23 (Stop Loss) - When it falls below 30.32 and receives resistance - When it falls below 23.96 (Sell) - When receiving resistance in the section 56.51-64.90 - When receiving resistance in the range 79.80-89.59 If it rises above 89.59, it is expected to surge. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
#AVAX/USDT 2Hour UPDATE !!As we can see from the above-mentioned chart that AVAX printed an inverse head and shoulder pattern and broke the neckline. Now it's moving to retest the neck line so here we can take entry for approx 40% profit. Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. 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. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
Long
by CryptoSanders9563
AVAXUSDT Analysis (LOCAL VISION)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 32 and 40 after first target reached move ur stop to breakeven Stop: ~22 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
1