AVAXUSDT.P trade ideas
AVAXUSDT - Ascending Triangle, waiting to breakout#AVAXUSDT (4H CHART) Technical Analysis Update
AVAXUSDT is forming ascending triangle pattern and it's waiting to breakout the ascending triangle.
If the price momentum continues in the similar manner, we can expect the breakout in next 2-3 days.
We have a strong resistance at 37$ level.
Long Entry level: $ 37.88
Stop loss: below $ 34.75
Target 1: $ 40
Target 2: $ 43.3
Target 3: $ 46.8
Target 4: $ 50
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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⚖️💹 AVAX Trading Strategy 🌐📊📊 Current Market Status:
AVAX consolidating in the $34.00 - $36.20 area of support.
📈 Chart Analysis:
Oversold on the 8-hour chart.
🔄 Trading Strategy:
Spot Long Trade: Initiate a spot long trade in the oversold support area.
Take-Profit Areas: $40.00 - $42.50 and then $50.00 - $53.00.
Stop-Loss: Set just below $30.00.
📣 Conclusion:
Utilize oversold conditions for a potential rebound.
Set take-profit areas and manage risk with a defined stop-loss.
Trade wisely! 📈💡 #AVAX #TradingStrategy #CryptoMarket 🌐📊
AVAX ANALYSIS (4H)From where we entered START, we have entered a correction.
It seems that our correction is a diametric, of course it may be a triangle.
We expect a downward rejection to complete wave E.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AVAXUSDT 1H SHORT POSITION I want to emphasize that I'm not a financial advisor, and it's crucial to exercise caution when making investment decisions. Financial markets, including cryptocurrencies like AVAXUSDT, can be unpredictable and subject to high volatility.
If you're considering a sell position on AVAXUSDT, ensure you conduct thorough research, analyze market trends, and ideally consult with a financial professional. Markets can change rapidly, and it's essential to understand the risks associated with any transaction.
Moreover, don't solely base your decisions on price predictions, as markets can be influenced by various factors, including economic news, global events, and other unforeseen elements.
Remember to implement risk management strategies, such as using stop-loss orders, to protect your investment. Lastly, I encourage you to seek advice from financial professionals before making significant investment decisions.
AVAX heads up at $36.85: key fib resistance, maybe "lower high"AVAX is approaching a Genesis fib level at $36.85.
That major fib is backed with a local fib at $36.98.
So we watch $37 closely, for clues to the next move.
Rejection here could mark a new "lower high".
But a break should jump to red zone at 42.99-44.75.
So a break of $37 will be key to uptrend continuation.
Here is the full plot of AVAX Genesis Fib:
See the "related ideas" below for more info about my methodology.
AVAXUSDT - 1HIn the one-hour time frame, the trend of price movement is upward, if the price manages to break its range and stabilize above the range of 36.5 units, there is a possibility of price increase up to the range of 37.3, and in case of strength, there is a range of 38.0 units.
Otherwise, the price may drop to the range of 34.6 units.
AVAX: Channel Down BreakoutTrade setup : Bullish breakout from a Channel Down pattern, which was confirmed by a break above $35 resistance as well. Price could swing up to $40-$43 range near term for a +20% gain. Stop Loss at $32 (just below the last swing low).
Pattern : Price was trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $25, then $19. The nearest Resistance Zone is $35, which it broke, then $50.
Avalanche(AVAX): Waiting For Breakdown! We are monitoring AVAX coin here after seeing a nice rejection take place.
Long story short, we are looking for a breakdown of that 100EMA zone, which is also acting as a smaller support zone for now.
Upon breaking this zone, we might see a nice fall of almost 35% take place, so definitely keep an eye on this one!
Swallow Team
AVAXUSDT IDEAUPDATE
Falling Wedge Breakout Has Already Confirmed Retesting In Process In case Of Successful Retest Expecting +40% Bullish Rally ✍️
COIN DETAILS
The live price of Avalanche is $ 34.03 per (AVAX / USD) with a current market cap of $ 12.49B USD. 24-hour trading volume is $ 448.47M USD. AVAX to USD price is updated in real-time. Avalanche is +4.5% in the last 24 hours with a circulating supply of 367.10M.
AVAX/USDT Ready for an Explosive Bull Run? 👀🚀AVAX Analysis 💎Paradisers, let's turn our gaze to #AVAXUSDT, as it's signaling a potential substantial move from a critical demand level.
💎#Avalanche is demonstrating an upward trend, indicating a likely bullish departure from its current demand zone. We're looking at a retest of the demand level at $27.13, with a significant supply zone on the horizon. If #AVAX maintains above this threshold, it may set the stage for an ascent toward the major supply zone at $47.6.
💎If #AVAX encounters difficulties in holding its ground above the support, a strategic reassessment may be necessary. In that case, we would consider initiating a bullish movement from a lower bullish Order Block (OB).
💎It's imperative to monitor this level closely, as a fall below could result in a considerable bearish trend.
💎Stay vigilant and ready to adapt, Paradisers. Your ParadiseTeam is committed to offering the latest insights and strategic guidance, ensuring you're primed to effectively manage these market changes.
AVAX Breaks Resistance. 6% Pump to weekly level Incoming.Local trendline has been broken. #Avalanche has also reclaimed the daily level.
The weekly level above is the target as long as we don't get rejected from the trendline above.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
AVAXUSDT is BearishAVAXUSDT is experiencing strong bearish momentum and is consistently printing lower highs and lower lows, which according to Dow theory is the classic definition of declining phase. After a small bullish correction, bearish RSI divergence has appeared on 4H time frame, and hence this means that further downside is expected for AVAX. Targets are mentioned on the chart.
AVAX SpeculationAvax has been trading in the descending range
Why I think there will be more downwards price action before we see a higher rally up.
- Key resistance in the descending range
- Key support/resistance area
- Next support aligns with the bull market support band
Tight stop loss has been placed since we never know with these markets.
Avalanche AvaxWhat is Avalanche?
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Any smart contract-enabled application can outperform its competition by deploying on Avalanche.
Avalanche launched on mainnet, September 21, 2020. Since then, the platform has grown to secure over 400+ individual projects, $64M+ of AVAX burned (reducing supply), 1,200+ individual block-producing validators, and over 1.3M+ community members around the globe.
- Strong Project, " TP Numbers " are very simple.
- i didnt include Fibo calculations to keep the chart clean but i've done it
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Trading Plan
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Buy : Now
Rebuy : 50$ Zone is a gift
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TP1 : 150$ (ATH Security TP)
TP2 : 200$
TP3 : 300$
SL : 40$ if you want to set it
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Happy Tr4Ding!