AVAX Lights the Path: Get In on the Buy Action Today!**Avalanche (AVAX)**
**Fundamentals**
Avalanche is a decentralized blockchain platform that supports smart contracts and decentralized applications (dApps). It is one of the fastest and most scalable blockchains in existence, with an average transaction confirmation time of less than one second. Avalanche is also energy-efficient, consuming less than 46 US households of electricity per year.
**Recent News**
* **Avalanche Emerges as Ethereum's Potential Challenger** (Cointelegraph, January 28, 2024)
* **Avalanche Team Takes Aim at Memecoin Staking** (Investing.com, January 26, 2024)
* **Bitcoin 38K Yaklaşırken Solana ve Avalanche Tokenları Keskin Düşüş Yaşıyor** (CoinOtag, January 23, 2024)
* **Solana (SOL) ve Avalanche (AVAX) Neden Düşüyor? Güncel Grafik Yorum ve Fiyat Tahminleri** (CoinTurk, January 18, 2024)
**Disclaimer**
Please note that this is not financial advice. The cryptocurrency market is volatile and risky, and you could lose money investing in any cryptocurrency. Do your own research before making any investment decisions.
AVAXUSDT.P trade ideas
pivot + daily: jan 29, 2023day pivot + OTE ZONE
long
im kinda sleepy so i dont have the words right now.
it's just that the market just ticked towards the upside and i'll probably lose the short entry i had last time,
but hopefully not before allowing me to pick the market here first on this pullback(possible)
AVAXUSDTAVAXUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 25
What you guys think of this idea?
#AVAXUSDT#AVAXUSDT 4H
The price of Avax at this moment is 35.3 dollars, and according to breaking the resistance of 31.28 dollars and then 34.5 dollars, and with the gathering of the price spring attached to the yellow trend line, the price is expected to move in one direction with Sharpie movement. In case of breaking the price trend line 37.95 is not far from mind.
Technical analyst: Amir Hassan Salek
$AVAX #AVAX Time for some Weekend Scalps downside should be limited,
shouldnt get anything major over the low volume weekends, alts could get nice rallies. 0.236 - 0.382 are GREAT areas to bank some profits (ideally wanna derisk or close by premarket on Monday), or let it run. a 5 wave move down was completed, clearly visible. In the bearish scenario, can retrace to 0.786 as a wave B, in the bullish case well thats self-explanatory so take profits as you like, just before resistance levels are most common
Risk:Reward LFG!!
🔥 AVAX Huge Bull-Flag Breaking OutAlthough I've been generally bearish on Bitcoin after the ETF, I have to play with the cards that the market dealer gives me.
For AVAX, that means that this token is under way of breaking out of a big bull-flag pattern that has been shaping up since halfway December.
In case the 3D candle closes above the top resistance, it could very well indicate that further strength is coming to this token. Looking for a 105$ target over the next few months.
I Think the General Principles Work
These are the principles I have gained due to the reading materials.
1. Wait for Extreme Premium/Discount
2. Wait for Price to Exhaust Pressure
3. Wait for Any Chart Patterns Indicating Reversal
4. Wait for Trendline Break with Momentum
5. Wait for HARSI/WAE Above Explosion Line + Reversal Engulfing Candle Close
6. Entry on Trendline or Pivot Re-Test.
NO DISCOUNT/PREMIUM, NO PRESSURE, NO RE-TEST, NO ENTRY.
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CRYPTOCAP:AVAX update 🧵
Nice bounce out of identified AOI.
Want to see a nice completed impulse up here with a break and flip of this level.
37.51
Break back below
33.42 from here is sus.
Cheers
Avalanche(AVAX): Amazing Short Opportunity For Sure! The coin has great potential for some downward movement here, for sure, with price reaching the major resistance zone, which we will not be able to breakout from with our first attempt. As now we have started the rejection phase, we might see even further movement here for sure to lower support!
The first sign of potential reversal is RSI entering back in normal zones (after being in overbought zone)
Swallow Team
Avalanche(AVAX): Wait For Perfect Setup!Coin has been having some recovery after being in an "oversold" zone with RSI.
We are looking for any potential movement to the upper zones (towards EMAs and resistance zones) from where we want to see a nice rejection happen and, of course, a downward movement as well!
Swallow Team
AVAX: Channel DownTrade setup : After getting rejected at $50 resistance, price has been pulling back, forming a Channel Down pattern. It appears on the brink of a breakout but it’s too early to tell. We wait for confirmation, if price can break above $35 key level.
Pattern : Price is 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 Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $25, then $19. The nearest Resistance Zone is $35 (previous support), then $50.
free in R/2📊Analysis by AhmadArz:
🔍Entry: 30.71
🛑Stop Loss: 30
🎯Take Profit: 31.32 _ 32.14 _ 33.26 _ 34.34
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SasanSeifi 💁♂️ AVAX / 6H - $27,$22❗Hi there!
🔹As you can see, the price has been in a corrective trend since the $50 level. After breaking the $34 LOW level, the price has again faced a correction from the $40 liquidity level and is currently at the $32 level. I expect the price to continue to correct until the specified demand zones. My targets are the $27 and $22 price levels. If these levels are maintained and confirmed, I think they could be a good entry point, and we could see positive fluctuations from these price ranges.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
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