Avalanche (AVAX) - Symmetrical Tri BreakoutPrevious Resistance has now been broken from the Symmetrical Tri pattern formed, which is now acting as new Level of Support. AVAX appears to be creating a new Ascending Channel pattern.
Another candle close above the new Resistance level will continue to push Avalanche at around the $46 price target.
🟢"NEW" Support Level= $30
🔴Resistance= $35.75
🌟Target= $46🎯
AVAXUSD
how avax reached $880gm,,,
avax came up in a large 5 wave move from the 2023 lows.
5 waves up is generally the beginning of something,,,
so we're going to label that whole structure as wave (1).
we then begun to correct in a large 3 wave move,,,
i've labeled that particular structure an expanded flat.
back in august, we seemingly have completed the expanded flat,,,
which i've went ahead and labeled as wave (2).
what comes next from here, is wave (3).
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w3 target = $300
w4 target = $100
w5 target = $880
The Banana Zone Series - AVAX Buy the Dip Levels (5 of 10)Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone.
We continue the series with Avalanche ( CRYPTOCAP:AVAX ).
As you can see in my analysis, pull backs to $29.50 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season.
For more aggressive traders, $30 and below can be the trigger longs with tight stops.
Not a financial advice so DYOR.
#AVAX/USDT#AVAX
The price is moving in an ascending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the ascending channel and we are now touching this support
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 26.50
First target 27.81
Second target 29.03
Third target 30.46
The key is whether it can rise after forming a short-term bottom
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(AVAXUSDT.P 1D chart)
An arrow appears for the BW (0) indicator.
Accordingly, it can be interpreted that the possibility of forming a bottom section has increased.
Looking at the previous past movements, we can see that there is a possibility of an additional downtrend.
Therefore, the key point is whether there is support around 19.527-21.409.
When the BW (0) line is formed, the point to watch is whether it can receive support around that area and rise above 27287-29.277.
If you look at the big picture, you can see how important the current section is.
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Have a good time.
Thank you.
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- Big picture
The real uptrend is expected to start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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$AVAXUSDT: Bullish Breakout Ahead!CRYPTOCAP:AVAX has broken out of a long-term downtrend channel and is now forming a symmetrical triangle. With exciting news like the Avalanche CRYPTOCAP:AVAX Visa Card launch for crypto payments, we’re expecting a breakout from this triangle that could lead to a significant upward move. Overall, the outlook is bullish—let's see where it goes!
BINANCE:AVAXUSDT Currently trading at $27.6
Buy level: Above $27.5
Stop loss: Below $23.5
TP1: $30
TP2: $35
TP3: $40
TP4: $50
TP5: $65
Max Leverage 3x
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Just before turning into an uptrend
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(AVAXUSDT 1M chart)
The key is whether the price can be maintained above 21.39 and rise.
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(1W chart)
The key is whether it can be supported above 27.29, in the box area of the HA-High indicator (29.24-54.14), and rise above 45.36.
If the price stays above the M-Signal indicator on the 1M chart, there is a possibility that it will turn into an uptrend.
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(1D chart)
The key is whether it can rise after receiving support around 27.29-28.64.
However, since the StochRSI indicator has entered the overbought zone, we need to look at where it will receive support when it falls from the overbought zone.
If it falls below 27.29,
1st: 24.8
2nd: 21.39
We need to check whether there is support around the 1st and 2nd above.
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AVAX is just now showing a movement to turn into an uptrend.
Accordingly, the 28.64-31.75 zone can be considered a buy zone.
If you bought in the 28.64-31.75 range, the BW (100) line is the time for a split sell.
If the price rises a little more, the BW (100) line is likely to be created, so the first split trading point may be close.
If the price stays above the BW (100) line or the HA-HIgh indicator, a stepwise uptrend is likely to begin.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
A full-scale uptrend is expected to begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Avax retest before uptrend Avax would be good to see around buy line soon BINANCE:AVAXUSDT
Possible Targets and explanation idea
➡️ D tf. Would be good to see retest my Take Profit indicator buy line (same level Weekly buy line)
➡️Need to see money inflow based on Money power indicator.
➡️Trade on last time on D signal to buy we saw in august after that only close recommendation longs. So its will be okay to see retest buy line
➡️Take profit line marked on a chart
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AVAXUSD Bottom formed & going for the ultimate bullish breakout.Avalanche (AVAXUSD) has just touched this week the top of the 6-month Channel Down. In cyclical terms, this is just a big Bull Flag half-way through the Bull Cycle, similar to those of the previous one, in August - November 2020 and March - June 2021.
The Cycle's 2nd bottom is in being doubt as the RSI held and rebounded on the 40.00 Symmetrical Support, which held and kick started the post June 2021 bottom rally. The only confirmation left to give us is to break above the 1W MA50 (blue trend-line) for the first time since late July.
As you can see both of 2020 - 2021 Bull Flags rebounded aggressively reaching the 2.0 Fibonacci extension. As a result once the 1W MA50 breaks, we expect a similar rally on AVAX, whether more aggressive like 2020 or marginally less like 2021, but our Target is at $250.00 (Fib 2.0 and above the All Time High).
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👇 👇 👇 👇 👇 👇
AVAX scalp in H1📊 Analysis by AhmadArz:
🔍 Entry: Wait for a bullish confirmation around $26.80.
🛑 Stop Loss: Below $26.45.
🎯 Take Profit:
- TP1: $27.46 (Close 50% position)
- TP2: $28
- TP2: $28.88
- Re-entry: Consider around $25.00 for another position.
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🔗 "Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡 Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀 Please boost and 💬 comment to share your thoughts with us!
#AVAX/USDT#AVAX
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at a price of 23
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 23.69
First target 24.81
Second target 25.70
Third target 26.86
AVAX : Potential Reversal in MACRO TFA downtrend, or bearish trend is characterized by a few things including making lower lows and lower highs. This is evidently seen when pulling up the macro timeframe and applying trendlines towards major bounce zones or wicks.
Similarly, an uptrend is characterized by the price making higher lows, and higher highs. Currently, we are only seeing ONE of these conditions met - the higher lows. This does not mean the price cannot retrace towards the trendline. However, as soon as the trendline is lost, the higher lows is invalidated and the price remains BEARISH.
A fall UNDER the trendline would likely lead to a revisit of a wick at $17.
While you're here👀 Make sure you check out yesterday's post on 3 Alt that are bearish right now:
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BINANCE:AVAXUSDT.P
AVAX analysis (1D)From where we put the red arrow on the chart, it seems that AVAX has entered the correction phase.
We now seem to be in the F wave.
The price can drop down soon.
If the g wave is normal, it can end on Entry 1.
But if the g-wave is extended, the g-wave can continue up to the Entry 2 range.
Risk-averse people can wait for Entry 2, and risk-taking people can enter the range of Entry 1 and Entry 2 in the form of martingale.
We have such a view on AVAX.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
AVAX $300+ This Bull RunBuckle up ladies and gentlemen, we are at the part of the cycle where we are nearing the end of the consolidation period and are getting ready to catapult, BTC at any moment will break 62k and when 70k is broken the true alt season run will occur. Avax is putting out a lot of amazing things and doing on chain collabs for example the California DMV is building their titles on AVAX which is actually insane making real life utility. $300 is a good base target but we can easily push 4-500$
AVAX - TRADING AT KEY SUPPORT LEVEL#AVAX/USDT #Analysis
Description
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+ AVAX is currently trading at a key support level, and holding this level is crucial for maintaining further bullish momentum.
+ A falling wedge formation is also visible, and a breakout from this pattern could drive the price higher.
+ A clear reversal from the support zone is needed to confirm the bullish trend. We can enter a long trade at the current price, with a stop-loss set below the support zone and a target at the local resistance.
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VectorAlgo Trade Details
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Entry Price: 20.88
Stop Loss: 15.93
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Target 1: 28.10
Target 2: 37.44
Target 3: 48.62
Target 4: 62.34
Target 5: 87.40
Target 6: 99.28
Target 7: 133.97
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
AVAX ANALYSIS (1D)From where we entered Start on the chart, it seems that the AVAX correction has started.
The correction seems to be a diametric that we are now in wave E of this diametric.
Now we have determined the best demand range on the chart. We will look for buy/long positions in this range.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
AVAX - finally going to make a big move??AVAX - finally going to make a big move??
This ones interesting
1. usually it moves out of phase a bit, after the other popular L1's from last cycle. so its good for rotation if one of the others moves hard first.
2. remember that lawyer vid from last cycle; these guys strike me as massive cheeseball scammy mofos ;; but then in crypto who isn't ??
I've decided to play JOE, and its my only AVAX chain play.
Also the chart is not as clear cut as some of the other big ones; eth, btc, sol etc
Looks like there is a chance we are bearish here... but im pretty confident this cycle is not done so early. but always remain vigilant and able to move like water. that is what will save your portfolio.
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gl