Avalancheusdt
AVAX Avalanche 4 HOUR Chart Here are my thoughts on AVAX at the moment.
AVAX is trading in this channel AND NEEDS to hold the SUPPORT at $17.33 IF IT wants to continue to the upside.
If AVAX can get above the 18$ lvl We could see the coin move up to test $19.26.$20-28 areas of resistance!
ON THE FLIPSIDE
IF Avax loses this support then we could see it go back down and test the $16.25 - $17.33 LVL
AVAX Daily SupportsIn the daily timeframe, AVAX's continued upward trend seems to have come to an end for now. After reaching the $18.60 level, it sold up to $17. With the continuation of this sale, if the day closes below the level of $ 16.16, it can be entered in the range of $ 16-14. This correction will give investors a buying opportunity. If it does not close below this level, there is a possibility that the rise will continue.
Avalanche AVAX price has good perspectives for growthFor the last month, the AVAXUSDT price is in the liquidity zone, where it was last in July 2021.
Also, the pattern of formation of a possible price bottom is very similar to 2021. What was further with the price of AVAX can be seen on the chart.
Another positive point is that in July 2021, the BTC price fluctuated in the range of $30-32k. The AVAXUSDT price was trading in the range of $10-14. In the current trading, the price of the Avalanche token ranges from $11 to $14, but the cost of BTC is roughly 2 times less than 1.5 years ago.
That is, AVAX is bought in the AVAXBTC pair considering it a promising asset.
Putting together all our assumptions and what we saw on the chart, we can conclude that in the medium term, the AVAXUSDT price has every chance to grow into the price range of $30-32
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Avalanche Analyze (Short term, Timeframe 4H, 12/05/2022)!!!
Avalanche was able to reach the resistance zone by zigzag correction.
The sign of the end of the zigzag correction is the creation of two Shooting Star Candlestick Patterns in the resistance zone.
I expect Avalanche will go down at least until the support zone after breaking the uptrend line.
Avalanche Analyze (AVAXUSDT) Timeframe 4h⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
AVAXUSDT 1D Medium-term trade - our target $30We are already forming a series of ideas on the AVAXUSDT trading pair.
We published the last of them a week ago.
During the week, our assumptions are confirming that the AVAXUSDT trading pair is currently consolidating with a set of long positions. The trading delta shows the superiority of purchases over sales in the period from 06/26 to 07/13
Also, for almost a month, the Avax price has been consolidating above the critical support level above $15.
Such input data for Avalanche token price gives the right to enter a medium-term trade:
Entrance $16.50
Stop $14.54 (-12%)
TP1 (50% position) - $26.74 (+62%)
TP2 (50% position) - $29.94 (+82%)
P/L ratio 7/1
Fixing the AVAXUSD price below 15 dollars paves the way for the price to fall to the region of 12 dollars.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
AVAXUSDT 12h A possible AVAX price movement for the coming monthAlmost two months ago, we published a global idea for a trade pair of Avaxusdt
Then the AVAX price was in the middle of the liquidity zone $27-37, from where she headed on the red route and clearly reached the target - $14
I would like to believe that for a few weeks we're looking at how the Avaxusd price is ramming bottom and filling the big long position
The estimated possible movement of the Avaxusdt prices we depicted a blue route.
The first target for a medium-term trade +60% in the area of $29-31
In danger of Long positions will be if the price of Avalanche token will be consolidated below $15, below critical support
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
When AVAX cryptocurrency do it x2 growth ?Today, on the global chart AVAXusdt, consider how this trading pair endured another sharp fall in May.
To begin with, let's take a look at our previous global idea for a pair of AVAXusd, which we did exactly 3 months ago.
At that time, we made an approximation with longs buy zones
As it turned out 3 months later, our most pessimistic $40-45 purchase zone at the top of the red liquidity zone was not the bottom of the decline.
Fall lows are recorded at around $23, at the bottom of liquidity zone, in which a year ago for a long time decided who is stronger: buyers or sellers.
Keeping buyers in the coming days of the AVAX price above the mark of $30 will be a good signal to go to the long.
The purpose of fixing longs in the up liquidity zone is $64-81
If the price of the Avalanche token is fixed below $26 , it will most likely coincide with continue the global decline in the cryptocurrency market. In this situation, it is necessary to place "buckets" for the purchase of AVAXUSDT near 14 dollars.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Avalanche (AVAX) formed big Gartley for upto 3770% huge moveHi dear patrons, hope you are well and welcome to the new trade setup of Avalanche (AVAX).
Previously we had a nice trade of AVAX:
Now on a monthly time frame, AVAX has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
AVAX/USDT - Short ScenarioHello Traders!
AVAX continues the development of the corrective movement. The price is looking for new support levels.
Price fixing under the MA100 on the two-day timeframe, as well as the exit of the RSI indicator in the bearish zone serve as confirmations in favor of the continuation of the development of the correction.
Accumulation of the asset should take place after the culmination of sales and the movement of the price in the zone of interest of buyers. A suitable price range for medium-term purchases is $10.25 - $13.35. It will be possible to continue to hold the position with the aim of fixing profits near the price level of $24.25
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice