AVAXUSDT.P trade ideas
AVAX USDT | 1H | TECHNICAL CHARTHello traders, I have determined the formation target on the chart. I wish everyone success.
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LONG #AVAXUSDT high buyer activityLONG #AVAXUSDT from $57.3 stop loss $54.3
15m TF. The instrument is currently in the growth leaders, the upward movement structure continues, after the night spill, the price was perfectly bought off, high buyer activity appeared again + trading volumes increased noticeably locally, the price tightened under the formed cascade of highs, which retains liquidity, the removal of which I will consider, I expect to see a continuation of the long to the $ 62 mark
STRON LONG POSITION FOR AVAX!Everythig is ready for AVAX pump !!!!
Everything is clear on the chart
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Avalanche (AVAX): Breakout Potential and Long Entry SetupTimeframe: 1 Hour
Analysis:
AVAX is currently facing resistance at the $44.12 price level.
A breakout above this level could signal a bullish move towards the $56.40 target.
To confirm the breakout, traders should monitor the following:
BTC.D: If BTC.D is trending downwards and breaks below a support level, this could indicate a bullish trend for altcoins like AVAX.
Total2: A green candle on the Total2 indicator could further confirm a bullish move for AVAX.
Entry:
Consider entering a long position if AVAX closes a candle above $44.12.
Place a stop-loss order at $41.95.
Target the $56.40 price level.
Disclaimer:
This is not financial advice. Always do your own research before making any investment decisions.
Can AVAX Climb Out of the Inverse Head and Shoulders? The AVAX/USD 4-hour chart shows an interesting development with a potential resemblance to an inverse head and shoulders pattern. Based on technical analysis, if this pattern is confirmed, it could indicate a move towards $55-$59. However, remember that the crypto market is volatile and reaching this target is not guaranteed. This is not financial advice, and other factors are crucial before investing. What are your thoughts on this potential pattern and its implications for AVAX?
AVAX: Approaching ResistanceTrade setup : Price is in an uptrend. Following a bullish break above $43 key level, price has reached our near-term target of $50 for a +15% gain. This is where price got rejected in late 2023, which makes it a significant resistance level. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $50 to signal continuation of uptrend, with + 30% upside potential to $65 next, or 2) pull back near $43 support for another swing trade entry in Uptrend with +15% upside potential back to $50.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $35 (previous resistance), then $25. The nearest Resistance Zone is $40 - $43, which it broke, then $50 and $65.
AVAX LONG Future ForecastHello friends,
With Bitcoin breaking its all-time high, we are on the verge of entering a mega bull season. While Bitcoin has led the bull run so far, and although the altcoin market has shown some upward movement, it's premature to say that the altcoins' rally has begun. I believe the real surge for altcoins will start from today onwards. AVAX, which has shown strong performance even during the pre-ATH bull season, I anticipate will continue its performance more efficiently in the coming days.
Looking at the situation technically, in the short term, we are within a cup and handle formation, and we have reached our initial target of (50.03$). If we break the target resistance, the RSI on the 4-hour and daily charts will turn into overbought territory from the 70 levels, and according to the formation, our next target will be 59.20$, triggering overbought conditions on the daily chart and initiating a new daily uptrend wave. Easily, we will reach our current resistance levels (79.91$, 99.42$, 127.38$) and then ATH (148$) levels.
Stay tuned for more gains, my friends!
Wishing you all profitable trades.
Here I buy Avalanche at $47Now it's Avalanche Time
Just bought Avalanche at $47
I'm dividing all my money into all the large caps.
And now that I bought CRYPTOCAP:AVAX at $47 you know the drill
This thing won't be under $40 anytime soon and the road to 2 digits will be built from this single buy.
Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services. It aims to be something of a global assets exchange, allowing anyone to launch or trade any form of asset and control it in a decentralized manner using smart contracts and other cutting-edge technologies.
See up there.
AVAX ABC Correction PlaybookAVAXUSDT has recently encountered a formidable psychological barrier at $50, coinciding precisely with the 661.8% Fibonacci retracement level. This alignment presents an opportune profit-taking level for buyers, suggesting a potential shift in market sentiment. Traders could be inclined to initiate short positions on AVAX, possibly giving rise to an ABC corrective pattern in line with the Elliott Wave theory.
The critical factor to monitor is the adherence to the $50 level. As long as this psychological resistance holds, it signals a preparation for a robust C-Wave down, indicative of a corrective move in the broader market. Staying vigilant around this key level will provide insights into potential developments and opportunities in AVAXUSDT's price action.
AVAX: Resistance BreakoutTrade setup : Price is in a clear uptrend and broke above $43 to signal continuation of uptrend, with +15% upside to $50 next. Stop Loss (SL) level at $37.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $35 (previous resistance), then $25. The nearest Resistance Zone is $40 - $43, then $50 and $65.