AVAXUSDT # 001 ( * Overview * ) Hello dear traders.
Good days .
On monthly Bullish Gann Square , after finish 1st weekly Gann Square Time frame , AVAXUSDT starts upward move to proceed 2nd Gann Square which is contain 3rd crazy Elliot wave move .
In detail move will updated .
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
AVAXUSDT.P trade ideas
AVAXUSDTAVAXUSDT is trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price is trading at the apex of the triangle and is about to give the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 41.2.
What you guys think of this idea?
AVAX - LONGI am not a professional
However,
I love to trade
I am long AVAX
I believe AVAX is consolidating collecting huge buy pressure, showing major support at $35.319, I believe A close above $36.122 will make this trade more bullish. A close below will indicate more time is needed into the trade.
I am long and will enter another position considering the Daily close above $36.122 and 4hr close above 50 MA.
AVAX Technical Analysis• The AVAX price has advanced to a point where it has now breached its initial resistance area upwards, and we are observing pullback candles.
• Keep in mind, following the pullback's completion and the emergence of bullish patterns, the subsequent resistance zone becomes reachable.
(All analyses will be updated)
This analysis is informational, not financial advice.
opportunity to go long or short in AVAXUSDTguys there is an opportunity to go long or short if the price breaks and closes below or above the support line and can aim the recent swing low or high and i have also used fib to predict where to set the take profit for both long a short position, for long position you can set your TP at the above arrow and for short position you can set your TP at the down arrow
AVAXUSDT 4h falling wedgehi traders
The price of AVAX has been forming a falling wedge. It touched the horizontal support as well.
Once we get a successful breakout, the price should go towards 40,70 - 41,50 usdt.
If the horizontal support fails, the wedge will break to the downside and the price could drop as low as 27 $.
Be ready for both scenarios.
Good luck
AVAXUSDT 4H IDEAHello guys,
Chart is really clear. As you can see if price can stay red line we will see like yellow line movement. Avax made a perfect rises and a little tired. If it can consolide here. Probably these areas can be entry zone. Careful if it starts to close red line we may see lower targets.
Good luck to everyone.
Always make your own analysis and risk management. This is not a financial advise.
✴️ Avalanche Prepares To CrashAvalanche produced a nice 480% bullish wave after hitting a low in September 2023... Pretty nice I should say.
➖ We can see how the volume on 11-December is lower vs 16-November.
➖ Until the top of wave 3 volume is rising.
➖ Wave 4 through wave 5 and now the correction (ABC) volume is dropping.
But the most revealing signal of all is the inverted cup or rounded top pattern, this signals that the top is in.
There can always be one final jump, one last surprise move before the correction truly starts but here the rounded top is quite telling and indicates that it is over.
AVAXUSDT also managed to close and stay below EMA21 on the daily timeframe.
👉 A crash or correction is about to happen... It should end in a higher low compared to September before long-term growth.
Namaste.
Avax/Usdt Trading Idea 💹AVAX/Usdt is currently showing bullish signs 📈. The market structure has turned into a bullish pattern, and the price is retracing to test a new demand area 🔄. This could signify a potential upward movement. I anticipate a rise in price from this point, potentially ranging between 15-30% 📈🔥.
Remember, this analysis is not financial advice ❌📉. Always conduct your own research (DYOR) and make informed decisions. Happy trading! 💪💰📊
AVAX: Pullback in UptrendTrade setup : Following a bullish break above $35 key level, price reached our target of $50 resistance. However, price got very overbought (RSI ~ 82) and price has pulled back on some profit taking. The nearest horizontal support is $35 while the nearest Fibonacci Retracement levels (possible support) are $38 (38.20%), $34 (50%), and $31 (61.80%). Hence, pullback to $34-39 support zone could be an attractive swing trade entry area with upside potential back to $50. Stop Loss (SL) at $32 (just below prior swing low).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
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 $35, then $25. The nearest Resistance Zone is $50.