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Avaxusdtlong

AVAX Technical AnalysisAvalanche (AVAX) Analysis Avalanche (AVAX) has been gradually recovering after a significant drop that saw the price decline from the $31.89 level down to a low of $17.29. Recently, AVAX has been trading on a support zone (Yellow) at $20.69 - $23.04, indicating some consolidation as it attempts to regain bullish momentum. Currently, AVAX is hovering around the $23.05 mark, just above the critical support zone (Yellow) at $20.69 - $23.04. Despite this recovery, AVAX faces strong resistance near the $24.53 level, as seen in the recent price action. While the market is showing some signs of recovery, a further downside movement towards lower support zones, particularly the $20.38 level, seems possible if the buying pressure weakens. If AVAX fails to hold above the support zone (Yellow) at $20.69 - $23.04, it may re-enter a bearish phase, pushing the price back towards the lower support level that could determine its medium-term direction. AVAX is currently at a crucial juncture, with the potential for further downside if it fails to break key resistance levels. Traders should watch for the price holds above the support zone (Yellow) at $20.69 - $23.04 for a potential bullish continuation or a rejection that could lead to a retest of the lower support levels.
by TheCryptoCity
AVAX $300+ This Bull RunBuckle up ladies and gentlemen, we are at the part of the cycle where we are nearing the end of the consolidation period and are getting ready to catapult, BTC at any moment will break 62k and when 70k is broken the true alt season run will occur. Avax is putting out a lot of amazing things and doing on chain collabs for example the California DMV is building their titles on AVAX which is actually insane making real life utility. $300 is a good base target but we can easily push 4-500$
BINANCE:AVAXUSDLong
by SnyyperT
1
Is AVAX About to Make a Big Move? Here’s What You Need to Know!Yello, Paradisers! Are you ready for the next potential big move on #AVAXUSDT? Our latest analysis shows a significant shift in momentum that could send this asset soaring—or tumbling. Let's dive in! 💎#AVALANCHE has recently broken out of a descending resistance, signaling a possible upward trend. The key level to watch right now is the $19.82 support zone, where bullish momentum is building. If this support holds, we could see a strong bullish push towards the next resistance levels. 💎Should #AVAX maintain its upward momentum, we’re eyeing potential targets at resistance levels above. This could be the start of a significant rally, so keep a close watch on those price levels. 💎But we always prepare for all scenarios. If #AVAX fails to hold the $19.82 support and breaks below it, we might see a pullback to the lower bullish Order Block (OB) level. However, a drop below the $18.31 mark could trigger a bearish trend, potentially leading to a significant price decline. This is a critical moment for AVAXUSDT. The coming days could define its next major move, whether it's a surge towards new highs or a correction to lower levels. Remember, in trading, it's crucial to stay discipline. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
2
AVAX local trade for the next weekLocal trade for BINANCE:AVAXUSDT here is fresh quick logic for AVAX Possible Targets and explanation idea ➡️zoom in and mark range weekly High and Low. inside mark high and low daily ➡️4h timeframe mark potential zones and data what indicators shows ➡️ADZ - we are in accumulation) ➡️Tradeon - was signal to buy, but we missed so by logic we are bullish and ill try open long on weekly sweep with target sweep previous Weekly high ➡️MoneyPower - money inflow but would be good to see one sweep and new money inflow zone ➡️MarketMood - looks good we are desbelife zone buit this logic for 4h can add alert to my zone of interest and wait! or add alerts on indicators. Every time use stop loss Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
High risk tradeThis is a 4-hour chart analysis of the AVAX/USDT pair, highlighting key support and resistance levels. The market has experienced several fake breaks near the upper resistance. The area between $24.70 and $25.40 serves as a strong support zone, and a potential entry point for a buy position. Trade Breakdown: - Buy Entry 🟢: Support zone at $24.70 - $25.40 - Target 🎯: Resistance area at $32.55 - Stop Loss (SL) 🚫: - High Risk SL: Below $24.70 - Best SL: Below $22.00 This analysis suggests that traders could consider entering a long position around the support zone while setting appropriate stop-loss levels to manage risk.
Long
by ahmadarz
2
detailed important chart tells u why to buy AVAXin weekly chart can notice a breaking out of falling wedge pattern finally after more than 6 months.. the price now moving in huge ascending channel going to making new ATH in next few weeks.. u can see elliot wave in the chart and It's clear that elliot wave correction done one of the biggest coins in the market ... ranked 11th in terms of market cap (11.871B) it's on good support and suitable place to buy ... long term target is 200$ best regards ceciliones🎯
Long
by ceciliones
1
AVAXUSDT Poised for a Major Move – Are You Ready?Yello Paradisers! Have you noticed the intriguing action in #AVAXUSDT? This is a moment you don't want to miss! 💎#AVAXUSDT has broken free from its longstanding descending channel, signaling a potential upward trajectory. After navigating within this channel for a considerable period, #AVALANCHE has successfully breached it. 💎The key resistance level at $29.14 has now turned into a crucial support. This support level is pivotal as it has been respected multiple times in the past. If #AVAXUSDT maintains its momentum above $29.14, there's a high probability of a sharp upward move. 💎However, if the price descends below the $29.14 support level, the scenario changes. In this case, the probability leans towards a bullish rebound from the lower, formidable support at $24.46. 💎While some inexperienced traders might be tempted to short at this point, it's essential to maintain a broader perspective and wait for proper price action. A break below the $29.14 support will likely trigger a significant downward move, causing the price to drop further. Remember, disciplined and strategic trading is the key to long-term success. Stay focused, patient, and make informed decisions. Let's navigate this market wisely, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
1
#AVAX/USDT#AVAX The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside. We have a bounce from a major support area in green at 24.00 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward. Entry price is 27.00 The first target is 30.35 Second goal 32.33 Third goal 34.71
Long
by CryptoAnalystSignal
Avalanche (AVAX) Rises: Can It Break Thru $30?Avalanche (AVAX), a prominent smart contracts platform, is currently experiencing a surge in price. As of July 1, 2024, AVAX is trading confidently above the $28.65 resistance level, hinting at a potential breakout. This article delves into the recent AVAX price rally, explores the technical analysis behind it, and examines whether AVAX can conquer the critical $30 resistance zone. A Bullish Breeze for AVAX The ongoing AVAX price rally offers a sigh of relief for investors after a period of price stability. The current movement signifies positive momentum, with AVAX climbing steadily from its $27.40 support level. This upward trend is further bolstered by the fact that AVAX is currently trading above both the $28.65 resistance level and the 100-hourly simple moving average (SMA). Technical Indicators Paint a Breakout Picture Technical analysis is a valuable tool for understanding price movements and predicting future trends. In the case of AVAX, a crucial technical indicator is the recent break above the declining channel with resistance at $28.40 on the hourly chart. This breakout suggests a shift in momentum, potentially paving the way for a further price increase. The $30 Hurdle: A Crucial Test While the current trend is undoubtedly positive, a significant hurdle awaits AVAX at the $30 resistance zone. A decisive break above $30 would be a strong bullish signal, indicating continued upward momentum. If achieved, this breakout could lead to further price appreciation, with potential targets around $32.50 or even $34.00. Support Levels: A Safety Net It's crucial to remember that the cryptocurrency market is inherently volatile. Even in a bullish scenario, there's always the possibility of price corrections. For AVAX, the $29.35 and $28.65 levels act as critical support zones. If the price fails to surpass $30, these support levels can prevent a significant decline. Additionally, the 50% Fibonacci retracement level of the upward move from $27.37 to $29.95 provides another layer of support around $28.65. A drop below $28.65 could lead to a slide towards the $28.00 level and the 100 SMA (4 hours). The $27.40 zone would be the next important support to watch in case of a deeper correction. MACD and RSI: Bullish Whispers Beyond price action, other technical indicators offer valuable insights. The Moving Average Convergence Divergence (MACD) indicator for AVAX/USD is currently climbing in positive territory. This suggests increasing bullish momentum. Additionally, the Hourly Relative Strength Index (RSI) is hovering above 50, indicating that the market is neither overbought nor oversold. This neutral RSI reading implies that there's still room for the price to rise before a potential correction. Looking Ahead: A Promising Future for AVAX The current price rally for AVAX is a positive development, with technical indicators suggesting a potential breakout above the $30 resistance level. If achieved, this breakout could lead to further gains. However, investors should exercise caution and be aware of the crucial support zones at $29.35 and $28.65. Monitoring the MACD and RSI indicators can also provide valuable insights into the ongoing price trend. Overall, the outlook for AVAX appears promising, and a break above $30 would be a significant bullish signal for the cryptocurrency. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions.
Long
by bryandowningqln
Avalanche Buy OpportunitySo far, I have profited 450%, 56% and 223% from Avalanche. I have already shared the profits I made in 2023 in my X report, and my followers have profited with me. I don't have any Avalanche at the moment. I am waiting for this moving average to pick up. If Avalanche falls below the moving average, I will wait for my Dip Finder indicator to turn green to buy. But if it is rejected from the moving average, I will buy and hold it until my indicator lights white. I will update this post again when I buy, so I recommend you to stay tuned.
CRYPTO:AVAXUSD
by YavuzAkbay