Get started
AvalancheAvalancheAvalanche
#11#11#11

Avalanche

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

AVAXUSD trade ideas

Ascending TriangleAVAX has been trading within an Ascending triangle for a while now. Last night the PA broke out to the downside along with Bitcoin. It is currently trading in a key support/resistance zone (white box). The bearish breakout occurred with relatively low volume and we have yet to see any kind of bearish follow through. Because of this I am looking for a move back inside the pattern and another push at the major downtrend TL. This, of course, is assuming Bitcoin doesn't decide to completely die. Targets for potential bounces if lower are the 1.272, 1.414, 1.618 fib extensions. Measured move PT if back inside the pattern and bullish breakout: ~$140.
COINBASE:AVAXUSDLong
by Brote1n
1
AVAX behaves like BTC,to retest 115; only DMA100 can stop itGood news: eToro just added AVAX & HBAR my favorite. AVAX chart behaves like BTC. I think its hidden agenda is also, like BTC, to retest 115 which is the intersection of 3 impt lines: the GANN fan line, a horizontal resistance & the blue uptrend line started in Aug 2021. It broke this line last Jan & is now going back up to retest it. (BTC already went back up & retested its uptrend line & failed) Notice it BO the maroon downtrendline which is also a GANN fan line. AVAX is going to the next GANN line at 115. ONLY the violet dma100 line is left to stop AVAX. ALL othe DMAs are already supports. Not trading advice.
BINANCE:AVAXUSDLong
by xtremerider8
3
Avalanche (AVAX) - February 16Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (AVAXUSD 1W Chart) It is gaining support near section A and is rising. To continue this uptrend, we need to see if we can sustain the price above the 80.9999458-87.6501953 range. If it falls from the point of 80.9999458, Stop Loss is required to preserve profit and loss. (1D chart) A break from the downtrend line is expected to find resistance at 110.4609778-123.9095360. In the CCI-RC index, since the CCI line is located in the range of -100 to +100, AVAX can be considered to be located in the sideways section. Therefore, when the CCI line deviates from the range of -100~+100, a trend is expected to form. ------------------------------------ (AVAXBTC 1W Chart) Above 0.0015196 point: Expected to create a new wave. We need to see if we can continue the uptrend along the uptrend line. A volume profile section is being formed around the 0.0015196 point. So, if it goes down from the 0.0015196 point, it is likely to turn into a downtrend. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
BINANCE:AVAXUSD
by readCrypto
AVAX Decision Point Avax is approaching a critical confluence of trend and trading range midpoint. Will it go up or down? The bar volume reads institutional accumulation for the past few months, and the PA has shown clear bullish sentiment. But the market is still fidgety and flighty with all the extraneous things going on in the world today which are able to nullify your technical analysis in the blink of an eye. That said, let's watch where it goes! *Not financial advice and not a prediction; just speculation of a possible outcome. DYOR, trade at your own risk, and always use a stop loss. Good luck!
COINBASE:AVAXUSDLong
by jalapablo
AVAX Avalanche Entry Price ReachedTraders, I didn't think it would happen in hours. I doubted it would happen within days. A few hours ago, I did video analysis on AVAX. At that point it was pushing up into the purple triangle. I remained skeptical it would remain on the top side of the purple line by candle close. The price I was looking to reach on the downside was $78-80. I expected we might get there in a week or so, maybe days. But we almost did it in a few hours. If you snagged this up at the low then congrats to you. The power of technical analysis is shown once again. - Stewdamus
COINBASE:AVAXUSD
by stewdamus
2
AVAX will skyrocket after correction (10x)- Starting from Jan 2021 an upward trend was formed which still valid till now. - Since November peak a correction wave started and it supposed to end in Feb - April. - Correction wave still progressing , descending channel points to 55 then 35 as a dip. - Buy later at 55 as first buy zone , 35 as second buy zone. - After correction we gonna see upside movement targeting the channel peak (275 - 375). - We can say no other correction if price managed to break above 97 n close daily above it.
BINANCE:AVAXUSDLong
by BTC-fire
1